Dialog Axiata (COL:DIAL.N0000) Debt-to-Equity : 1.86 (As of Mar. 2024)

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What is Dialog Axiata Debt-to-Equity?

Dialog Axiata's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු67,766 Mil. Dialog Axiata's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු60,775 Mil. Dialog Axiata's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු69,151 Mil. Dialog Axiata's debt to equity for the quarter that ended in Mar. 2024 was 1.86.

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 Dialog Axiata's Debt-to-Equity or its related term are showing as below:

COL:DIAL.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.67 Max: 2.51
Current: 2.21

During the past 13 years, the highest Debt-to-Equity Ratio of Dialog Axiata was 2.51. The lowest was 0.51. And the median was 0.67.

COL:DIAL.N0000's Debt-to-Equity is ranked worse than
84.35% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs COL:DIAL.N0000: 2.21

Dialog Axiata Debt-to-Equity Historical Data

The historical data trend for Dialog Axiata'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.

Dialog Axiata Debt-to-Equity Chart

Dialog Axiata Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.74

0.72

0.56

0.53

2.51

Dialog Axiata Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.51	2.15	2.39	2.21	1.86

Competitive Comparison of Dialog Axiata's Debt-to-Equity

For the Telecom Services subindustry, Dialog Axiata'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.

Dialog Axiata's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Dialog Axiata's Debt-to-Equity distribution charts can be found below:

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

Dialog Axiata Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dialog Axiata's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(38933.13	+	74378.314)	/	45216.055
	=	2.51

Dialog Axiata's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(67766.403	+	60775.16)	/	69150.743
	=	1.86

Dialog Axiata (COL:DIAL.N0000) 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.

Dialog Axiata Debt-to-Equity Related Terms

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Dialog Axiata (COL:DIAL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Dialog Axiata PLC (COL:DIAL.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 475, Union Place, Colombo, LKA, 02

Website

https://www.dialog.lk

Dialog Axiata PLC operates a mobile telecommunications network. It mainly offers the provision of mobile services, data services, international direct dialing services, leasing of passive infrastructure, provision of interconnect services, pay television transmission services, provision of other data services, and digital services. The company serves its customer-facing technology and service delivery infrastructures spanning mobile, fixed line, broadband, digital television, and digital services sectors. Its segments include Mobile operation; Fixed telephony and broadband operation; and Television operation. The company generates maximum revenue from Mobile operation segment.

Dialog Axiata (COL:DIAL.N0000) Headlines

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