Direct Communication Solutions (XCNQ:DCSI) Debt-to-Equity : 1.13 (As of Jun. 2022)

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What is Direct Communication Solutions Debt-to-Equity?

Direct Communication Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was C$0.66 Mil. Direct Communication Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was C$1.12 Mil. Direct Communication Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2022 was C$1.58 Mil. Direct Communication Solutions's debt to equity for the quarter that ended in Jun. 2022 was 1.12.

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

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

Direct Communication Solutions Debt-to-Equity Historical Data

The historical data trend for Direct Communication 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.

* Premium members only.

Direct Communication Solutions Debt-to-Equity Chart

Direct Communication Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-1.69

-0.96

2.26

-3.41

-0.86

Direct Communication Solutions Quarterly Data
	Dec17	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial												22.84	-3.41	2.16	1.13	-0.86

Competitive Comparison of Direct Communication Solutions's Debt-to-Equity

For the Information Technology Services subindustry, Direct Communication 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.

Direct Communication Solutions's Debt-to-Equity Distribution in the Software Industry

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

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

Direct Communication Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Direct Communication Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.588	+	2.415)	/	-3.482
	=	-0.86

Direct Communication Solutions's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.661	+	1.115)	/	1.579
	=	1.12

Direct Communication Solutions (XCNQ:DCSI) 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.

Direct Communication Solutions Debt-to-Equity Related Terms

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

Direct Communication Solutions (XCNQ:DCSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Direct Communication Solutions Inc (XCNQ:DCSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11021 Via Frontera, Suite C, San Diego, CA, USA, 92127

Website

https://www.dcsbusiness.com

Direct Communication Solutions Inc is a provider of solutions for the Internet of Things including monitoring as a service solutions for the telematics market. The Company's products include GPS devices, modems, embedded modules, routers and mobile tracking machine to machine devices, communications and applications software, and cloud services. Geographically, the company operates in the United States, Canada, and Other Countries, and it derives a majority of its revenue from the United States.

Direct Communication Solutions (XCNQ:DCSI) Headlines

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