Dynamic Technologies Group (Dynamic Technologies Group) Debt-to-Equity : -0.57 (As of Sep. 2022)

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What is Dynamic Technologies Group Debt-to-Equity?

Dynamic Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $11.18 Mil. Dynamic Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $15.63 Mil. Dynamic Technologies Group's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-47.04 Mil. Dynamic Technologies Group's debt to equity for the quarter that ended in Sep. 2022 was -0.57.

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 Dynamic Technologies Group's Debt-to-Equity or its related term are showing as below:

ERILQ's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Dynamic Technologies Group Debt-to-Equity Historical Data

The historical data trend for Dynamic Technologies 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.

Dynamic Technologies Group Debt-to-Equity Chart

Dynamic Technologies Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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1.46

-0.51

-1.60

-1.10

-0.58

Dynamic Technologies Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial															-0.59	-0.58	-0.56	-0.58	-0.57

Competitive Comparison of Dynamic Technologies Group's Debt-to-Equity

For the Metal Fabrication subindustry, Dynamic Technologies 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.

Dynamic Technologies Group's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Technologies Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dynamic Technologies Group's Debt-to-Equity falls into.

Dynamic Technologies Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dynamic Technologies Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(19.796	+	6.858)	/	-45.626
	=	-0.58

Dynamic Technologies Group's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(11.178	+	15.63)	/	-47.038
	=	-0.57

Dynamic Technologies Group (OTCPK:ERILQ) 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.

Dynamic Technologies Group Debt-to-Equity Related Terms

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Dynamic Technologies Group (Dynamic Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dynamic Technologies Group Inc (OTCPK:ERILQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

717 Jarvis Avenue, Winnipeg, MB, CAN, R2W 3B4

Website

https://www.dynamictechgroup.com

Dynamic Technologies Group Inc focuses on designing, supplying, and installing iconic, media-based attractions and ride systems for the global theme park industry. It operates in the segments of Ride-Systems Manufacturing, Parts and Service and others. These include designing and manufacturing complex ride systems, and Provider of parts and maintenance services to existing ride systems. It also uses these same engineering integration skills for special projects in diversified industries such as large optical telescopes and enclosures.