Dexterra Group (Dexterra Group) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Dexterra Group Debt-to-Equity?

Dexterra Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.0 Mil. Dexterra Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $81.5 Mil. Dexterra Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $213.8 Mil. Dexterra Group's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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

HZNOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.37 Max: 0.43
Current: 0.41

During the past 5 years, the highest Debt-to-Equity Ratio of Dexterra Group was 0.43. The lowest was 0.05. And the median was 0.37.

HZNOF's Debt-to-Equity is ranked worse than
51.13% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs HZNOF: 0.41

Dexterra Group Debt-to-Equity Historical Data

The historical data trend for Dexterra 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.

Dexterra Group Debt-to-Equity Chart

Dexterra Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.05

0.37

0.30

0.43

0.41

Dexterra Group Quarterly Data
	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														0.43	0.48	0.54	0.55	0.41

Competitive Comparison of Dexterra Group's Debt-to-Equity

For the Specialty Business Services subindustry, Dexterra 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.

Dexterra Group's Debt-to-Equity Distribution in the Business Services Industry

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

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

Dexterra Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dexterra 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
	=	(5.954	+	81.481)	/	213.801
	=	0.41

Dexterra 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
	=	(5.954	+	81.481)	/	213.801
	=	0.41

Dexterra Group (OTCPK:HZNOF) 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.

Dexterra Group Debt-to-Equity Related Terms

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Dexterra Group (Dexterra Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dexterra Group Inc (OTCPK:HZNOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DXT:Canada

Address

5915 Airport Road, Suite 425, Mississauga, ON, CAN, L4V 1T1

Website

https://www.dexterra.com

Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Powered by people, Dexterra Group brings best-in-class regional expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of facilities management services, industry leading workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors.

Dexterra Group (Dexterra Group) Headlines

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Prem Watsa Comments on Dexterra

By Sydnee Gatewood Sydnee Gatewood • 03-08-2021