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DGTL Holdings (DGTL Holdings) Debt-to-Equity : -0.32 (As of Feb. 2024)


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What is DGTL Holdings Debt-to-Equity?

DGTL Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.05 Mil. DGTL Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.41 Mil. DGTL Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $-1.42 Mil. DGTL Holdings's debt to equity for the quarter that ended in Feb. 2024 was -0.32.

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 DGTL Holdings's Debt-to-Equity or its related term are showing as below:

DGTHF' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.79   Med: -0.32   Max: 0.25
Current: -0.32

During the past 5 years, the highest Debt-to-Equity Ratio of DGTL Holdings was 0.25. The lowest was -6.79. And the median was -0.32.

DGTHF's Debt-to-Equity is not ranked
in the Interactive Media industry.
Industry Median: 0.16 vs DGTHF: -0.32

DGTL Holdings Debt-to-Equity Historical Data

The historical data trend for DGTL Holdings'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.

DGTL Holdings Debt-to-Equity Chart

DGTL Holdings Annual Data
Trend May19 May20 May21 May22 May23
Debt-to-Equity
- 0.12 0.06 -6.80 -0.69

DGTL Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.47 -0.69 -0.64 -0.54 -0.32

Competitive Comparison of DGTL Holdings's Debt-to-Equity

For the Internet Content & Information subindustry, DGTL Holdings'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.

DGTL Holdings's Debt-to-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DGTL Holdings's Debt-to-Equity distribution charts can be found below:

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


DGTL Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DGTL Holdings's Debt to Equity Ratio for the fiscal year that ended in May. 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
=(0.05 + 0.91) / -1.392
=-0.69

DGTL Holdings's Debt to Equity Ratio for the quarter that ended in Feb. 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
=(0.05 + 0.41) / -1.421
=-0.32

* 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.

DGTL Holdings  (OTCPK:DGTHF) 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.

DGTL Holdings Debt-to-Equity Related Terms

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DGTL Holdings (DGTL Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DGTL Holdings Inc (OTCPK:DGTHF) » Definitions » Debt-to-Equity
Comparable Companies
TSXV:DAR XCNQ:SPFY XCNQ:QQ TSXV:ARD TSXV:OOOO GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420 PINS SNAP XKRX:035720 TME ASX:REA
Traded in Other Exchanges
D0G:Germany DGTL:Canada
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
Website
https://www.dgtlinc.com
DGTL Holdings Inc is a disruptive digital media and advertising technology company, powered by artificial intelligence. The company engaged in accelerating fully commercialized enterprise-level software-as-a-service companies via a blend of unique capitalization structures, including investment, mergers, and acquisitions, earnouts, and licensing structures. The Company has one reportable operating segment Engagement Labs Inc., an enterprise-level social intelligence technology company located in Canada.