DGL Group (ASX:DGL) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is DGL Group Debt-to-Equity?

DGL Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$20.2 Mil. DGL Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$168.9 Mil. DGL Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$339.7 Mil. DGL Group's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for DGL Group's Debt-to-Equity or its related term are showing as below:

ASX:DGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.41 Max: 0.56
Current: 0.56

During the past 3 years, the highest Debt-to-Equity Ratio of DGL Group was 0.56. The lowest was 0.27. And the median was 0.41.

ASX:DGL's Debt-to-Equity is ranked better than
50.42% of 480 companies
in the Conglomerates industry
Industry Median: 0.56 vs ASX:DGL: 0.56

DGL Group Debt-to-Equity Historical Data

The historical data trend for DGL Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DGL Group Debt-to-Equity Chart

DGL Group Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.27

0.36

0.52

DGL Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.34	0.36	0.46	0.52	0.56

Competitive Comparison of DGL Group's Debt-to-Equity

For the Conglomerates subindustry, DGL Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DGL Group's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, DGL Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where DGL Group's Debt-to-Equity falls into.

DGL Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DGL Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.507	+	152.772)	/	331.896
	=	0.52

DGL Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.198	+	168.851)	/	339.718
	=	0.56

DGL Group (ASX:DGL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

DGL Group Debt-to-Equity Related Terms

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DGL Group (ASX:DGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » DGL Group Ltd (ASX:DGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/- DW Accounting and Advisory Pty Ltd, Level 4, 91-97 William Street, Melbourne, VIC, AUS, 3000

Website

https://www.dglgroup.com

DGL Group Ltd is an investment holding company. The company's segment includes Environmental Solutions; Chemical Manufacturing; Warehousing and Distribution and Corporate Costs. It generates maximum revenue from the Chemical Manufacturing segment. The Chemical Manufacturing segment produces its own range of speciality chemicals and undertaken advanced formulation and contract manufacturing on behalf of third parties.