Digital Turbine (STU:4MD) Debt-to-Equity

: 0.84 (As of Dec. 2023)

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Digital Turbine's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Digital Turbine's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €343.0 Mil. Digital Turbine's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €408.7 Mil. Digital Turbine's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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 Digital Turbine's Debt-to-Equity or its related term are showing as below:

STU:4MD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.19 Max: 1.04
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of Digital Turbine was 1.04. The lowest was 0.10. And the median was 0.19.

STU:4MD's Debt-to-Equity is ranked worse than
81.86% of 2221 companies
in the Software industry
Industry Median: 0.21 vs STU:4MD: 0.84

Digital Turbine Debt-to-Equity Historical Data

The historical data trend for Digital Turbine'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.

Digital Turbine Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.25

0.10

1.04

0.68

Digital Turbine 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																0.70	0.68	0.68	0.86	0.84

Competitive Comparison

For the Software - Application subindustry, Digital Turbine'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.

Digital Turbine Debt-to-Equity Distribution

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

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

Digital Turbine Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Turbine's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0	+	383.428)	/	565.253
	=	0.68

Digital Turbine'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
	=	(0	+	342.989)	/	408.705
	=	0.84

Digital Turbine (STU:4MD) 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.

Digital Turbine Debt-to-Equity Related Terms

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Digital Turbine (STU:4MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Turbine Inc (STU:4MD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

APPS:USA 4MD:Germany

Address

110 San Antonio Street, Suite 160, Austin, TX, USA, 78701

Website

https://www.digitalturbine.com

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.

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