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Desert Control AS (Desert Control AS) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Desert Control AS Debt-to-Equity?

Desert Control AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Desert Control AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Desert Control AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12.24 Mil. Desert Control AS's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Desert Control AS's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Desert Control AS was 0.01. The lowest was 0.00. And the median was 0.01.

DRTFF's Debt-to-Equity is not ranked *
in the Agriculture industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Desert Control AS Debt-to-Equity Historical Data

The historical data trend for Desert Control AS'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.

Desert Control AS Debt-to-Equity Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.01 0.01 -

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.02 0.01 0.01 -

Competitive Comparison of Desert Control AS's Debt-to-Equity

For the Agricultural Inputs subindustry, Desert Control AS'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.


Desert Control AS's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Desert Control AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Desert Control AS's Debt-to-Equity falls into.



Desert Control AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Desert Control AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Desert Control AS's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Desert Control AS  (GREY:DRTFF) 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.


Desert Control AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Desert Control AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Desert Control AS (Desert Control AS) Business Description

Traded in Other Exchanges
Address
Grenseveien 21, Sandnes, NOR, 4313
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.