Darelle Online Solutions (TSXV:DAR) Debt-to-Equity : 0.00 (As of Feb. 2024)

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What is Darelle Online Solutions Debt-to-Equity?

Darelle Online Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Darelle Online Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Darelle Online Solutions's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$-1.28 Mil. Darelle Online Solutions's debt to equity for the quarter that ended in Feb. 2024 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 Darelle Online Solutions's Debt-to-Equity or its related term are showing as below:

TSXV:DAR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.23 Med: -0.04 Max: -0.03
Current: -0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Darelle Online Solutions was -0.03. The lowest was -0.23. And the median was -0.04.

TSXV:DAR's Debt-to-Equity is not ranked
in the Interactive Media industry.
Industry Median: 0.14 vs TSXV:DAR: -0.03

Darelle Online Solutions Debt-to-Equity Historical Data

The historical data trend for Darelle Online Solutions'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.

Darelle Online Solutions Debt-to-Equity Chart

Darelle Online Solutions Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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-0.04

-0.03

Darelle Online Solutions 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															-0.04	-0.03	-0.03	-0.03	-

Competitive Comparison of Darelle Online Solutions's Debt-to-Equity

For the Internet Content & Information subindustry, Darelle Online Solutions'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.

Darelle Online Solutions's Debt-to-Equity Distribution in the Interactive Media Industry

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

* The bar in red indicates where Darelle Online Solutions's Debt-to-Equity falls into.

Darelle Online Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Darelle Online Solutions's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(0.039	+	0)	/	-1.182
	=	-0.03

Darelle Online Solutions'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	+	0)	/	-1.276
	=	0.00

Darelle Online Solutions (TSXV:DAR) 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.

Darelle Online Solutions Debt-to-Equity Related Terms

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

Darelle Online Solutions (TSXV:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Darelle Online Solutions Inc (TSXV:DAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6

Website

https://www.darelle.com

Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.