DMG Blockchain Solutions (TSXV:DMGI) Debt-to-Equity : 0.20 (As of Mar. 2025)

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What is DMG Blockchain Solutions Debt-to-Equity?

DMG Blockchain Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$20.52 Mil. DMG Blockchain Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.13 Mil. DMG Blockchain Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2025 was C$103.83 Mil. DMG Blockchain Solutions's debt to equity for the quarter that ended in Mar. 2025 was 0.20.

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 DMG Blockchain Solutions's Debt-to-Equity or its related term are showing as below:

TSXV:DMGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.22
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of DMG Blockchain Solutions was 0.22. The lowest was 0.01. And the median was 0.11.

TSXV:DMGI's Debt-to-Equity is ranked better than
58.17% of 600 companies
in the Capital Markets industry
Industry Median: 0.295 vs TSXV:DMGI: 0.20

DMG Blockchain Solutions Debt-to-Equity Historical Data

The historical data trend for DMG Blockchain Solutions'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.

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DMG Blockchain Solutions Debt-to-Equity Chart

DMG Blockchain Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

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0.14

0.01

0.02

0.17

DMG Blockchain Solutions Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.15	0.17	0.18	0.20

Competitive Comparison of DMG Blockchain Solutions's Debt-to-Equity

For the Capital Markets subindustry, DMG Blockchain Solutions'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.

DMG Blockchain Solutions's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DMG Blockchain Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where DMG Blockchain Solutions's Debt-to-Equity falls into.

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DMG Blockchain Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DMG Blockchain Solutions's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 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
	=	(13.972	+	0.052)	/	84.662
	=	0.17

DMG Blockchain Solutions's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(20.521	+	0.131)	/	103.83
	=	0.20

DMG Blockchain Solutions (TSXV:DMGI) 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.

DMG Blockchain Solutions Debt-to-Equity Related Terms

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

DMG Blockchain Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DMG Blockchain Solutions Inc (TSXV:DMGI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DMGGF:USA 6AX:Germany

Address

4193 104th Street, Delta, BC, CAN, V4K 3N3

Website

https://www.dmgblockchain.com

DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives maximum revenue from digital currency mining, and the rest from software licensing, the sale of mining equipment, set-up and hosting fees, and others.

Executives

Sheldon Norman Bennett	Director
Steven Eliscu	Director
John Montgomery Place	Director
Adrian Glover	Senior Officer
Justin Rasekh	Director
Daniel Reitzik	Director, Senior Officer
Ryan Cheung	Senior Officer

DMG Blockchain Solutions Headlines

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