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Digatrade Financial (Digatrade Financial) Debt-to-Equity

: -0.30 (As of Dec. 2021)
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Digatrade Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.13 Mil. Digatrade Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Digatrade Financial's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-0.43 Mil. Digatrade Financial's debt to equity for the quarter that ended in Dec. 2021 was -0.30.

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 Digatrade Financial's Debt-to-Equity or its related term are showing as below:

DIGAF's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Digatrade Financial Debt-to-Equity Historical Data

The historical data trend for Digatrade Financial'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.

Digatrade Financial Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.48 0.62 -0.89 -0.07 -0.30

Digatrade Financial Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only -0.07 -0.32 -0.87 -0.27 -0.30

Competitive Comparison

For the Information Technology Services subindustry, Digatrade Financial'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.


Digatrade Financial Debt-to-Equity Distribution

For the Software industry and Technology sector, Digatrade Financial's Debt-to-Equity distribution charts can be found below:

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



Digatrade Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digatrade Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Digatrade Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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.


Digatrade Financial  (OTCPK:DIGAF) 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.


Digatrade Financial Debt-to-Equity Related Terms

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


Digatrade Financial (Digatrade Financial) Business Description

Traded in Other Exchanges
N/A
Address
1500 West Georgia Street, Suite 1300, Vancouver, BC, CAN, V6C 2Z6
Digatrade Financial Corp is a digital asset exchange and blockchain development services company in Canada. The company offers an easy, secure, and affordable platform to the customers to buy and sell Bitcoin and other digital assets.