Doman Building Materials Group (Doman Building Materials Group) Debt-to-Equity

: 1.18 (As of Dec. 2023)

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Doman Building Materials Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $180 Mil. Doman Building Materials Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $331 Mil. Doman Building Materials Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $433 Mil. Doman Building Materials Group's debt to equity for the quarter that ended in Dec. 2023 was 1.18.

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 Doman Building Materials Group's Debt-to-Equity or its related term are showing as below:

CWXZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.13 Max: 1.69
Current: 1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Doman Building Materials Group was 1.69. The lowest was 0.67. And the median was 1.13.

CWXZF's Debt-to-Equity is ranked worse than
85.71% of 133 companies
in the Industrial Distribution industry
Industry Median: 0.5 vs CWXZF: 1.18

Doman Building Materials Group Debt-to-Equity Historical Data

The historical data trend for Doman Building Materials Group'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.

Doman Building Materials Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.37

1.08

1.69

1.24

1.18

Doman Building Materials Group 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	Get a 7-Day Free Trial															1.24	1.40	1.29	1.07	1.18

Competitive Comparison

For the Industrial Distribution subindustry, Doman Building Materials Group'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.

Doman Building Materials Group Debt-to-Equity Distribution

For the Industrial Distribution industry and Industrials sector, Doman Building Materials Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Doman Building Materials Group's Debt-to-Equity falls into.

Doman Building Materials Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Doman Building Materials Group's Debt to Equity Ratio for the fiscal year 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
	=	(179.543	+	331.41)	/	433.318
	=	1.18

Doman Building Materials Group'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
	=	(179.543	+	331.41)	/	433.318
	=	1.18

Doman Building Materials Group (OTCPK:CWXZF) 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.

Doman Building Materials Group Debt-to-Equity Related Terms

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Doman Building Materials Group (Doman Building Materials Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Doman Building Materials Group Ltd (OTCPK:CWXZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2CW:Germany DBM:Canada

Address

1100 Melville Street, Suite 1600, PO Box 39, Vancouver, BC, CAN, V6E 4A6

Website

https://www.domanbm.com

Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp. Its operating segments are Building Materials and Other. Geographically the group has a business presence in Canada and the U.S.

Doman Building Materials Group (Doman Building Materials Group) Headlines

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