DLH Holdings (DLH Holdings) Debt-to-Equity

: 1.78 (As of Dec. 2023)

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DLH Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.5 Mil. DLH Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $166.9 Mil. DLH Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $104.8 Mil. DLH Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.78.

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

DLHC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 1 Max: 2.15
Current: 1.78

During the past 13 years, the highest Debt-to-Equity Ratio of DLH Holdings was 2.15. The lowest was 0.07. And the median was 1.00.

DLHC's Debt-to-Equity is ranked worse than
85.19% of 932 companies
in the Business Services industry
Industry Median: 0.4 vs DLHC: 1.78

DLH Holdings Debt-to-Equity Historical Data

The historical data trend for DLH 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.

DLH Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

1.18

1.70

1.01

0.43

1.87

DLH Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																2.15	2.13	1.98	1.87	1.78

Competitive Comparison

For the Specialty Business Services subindustry, DLH 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.

DLH Holdings Debt-to-Equity Distribution

For the Business Services industry and Industrials sector, DLH Holdings's Debt-to-Equity distribution charts can be found below:

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

DLH Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DLH Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(20.651	+	171.055)	/	102.439
	=	1.87

DLH Holdings'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
	=	(19.483	+	166.912)	/	104.802
	=	1.78

DLH Holdings (NAS:DLHC) 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.

DLH Holdings Debt-to-Equity Related Terms

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DLH Holdings (DLH Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DLH Holdings Corp (NAS:DLHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TS8A:Germany

Address

3565 Piedmont Road, NE Building 3, Suite 700, Atlanta, GA, USA, 30305

Website

https://www.dlhcorp.com

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of Veteran Affairs. It is engaged in public health, performance evaluation, and health operations to solve the complex problems faced by civilian and military customers alike, leveraging digital transformation, artificial intelligence, analytics, cloud-based applications, and telehealth systems.

Executives

Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Judith L Bjornaas	director	12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Jacqueline S. Everett	officer: Chief Growth Officer	4602 QUARTZ ROCK CT., CHANTILLY VA 20151
Frederick Gerald Wasserman	director	4 NOBADEER DRIVE, PENNINGTON NJ 08534
Galeel Maliek Ferebee	officer: Chief Human Resources Officer	2659 WINTER MORNING WAY, OLNEY MD 20832
Kathryn M. Johnbull	officer: Chief Financial Officer	1776 PEACHTREE STREET, NW, SUITE 300S, ATLANTA GA 30309
Stephen Zelkowicz	director	C/O SUMMER INFANT, INC., 1275 PARK EAST DRIVE, WOONSOCKET RI 02895
Zachary Parker	director, officer: CEO and President	TEAMSTAFF, INC., 1 EXECUTIVE DRIVE, SUITE 130, SOMERSET NJ 08873
James P Allen	director	C/O GRC INTERNATIONAL INC, 1900 GALLOWS RD, VIENNA VA 22182
Jeanine M. Christian	officer: Pres. Social&Scientific Sys	523 PICCADILLY ROAD, TOWNSON MD 21204
Kevin Wilson	officer: President, DLH Solutions	3525 HIGHWAY 81 S., TEAMSTAFF GOVERNMENT SOLUTIONS, INC., LOGANVILLE GA 30052
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	10 percent owner
Nelson Obus	10 percent owner
Martin J Delaney	director	37 OVERLOOK TRAIL, NEWARK NJ 07950