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DTCK (Davis Commodities) Debt-to-Asset : 0.02 (As of Jun. 2024)


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What is Davis Commodities Debt-to-Asset?

Davis Commodities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.3 Mil. Davis Commodities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.3 Mil. Davis Commodities's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $28.7 Mil. Davis Commodities's debt to asset for the quarter that ended in Jun. 2024 was 0.02.

Davis Commodities Debt-to-Asset Historical Data

The historical data trend for Davis Commodities's Debt-to-Asset 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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Davis Commodities Debt-to-Asset Chart

Davis Commodities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.17 0.01 0.04 0.03

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial 0.04 0.04 0.03 0.03 0.02

Competitive Comparison of Davis Commodities's Debt-to-Asset

For the Farm Products subindustry, Davis Commodities's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Davis Commodities's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davis Commodities's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Davis Commodities's Debt-to-Asset falls into.


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Davis Commodities Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Davis Commodities's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.272 + 0.462) / 29.878
=0.02

Davis Commodities's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.279 + 0.319) / 28.708
=0.02

* 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.

Davis Commodities  (NAS:DTCK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Davis Commodities Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Davis Commodities's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Davis Commodities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davis Commodities Ltd (NAS:DTCK) » Definitions » Debt-to-Asset
Comparable Companies
LOCL SISI PGFF SDOT GCEH EDBL AQB AGRI AAGR SHMP SZSE:002714 ADM TSN SZSE:300498 BG OSL:MOWI SFD OSL:SALM SZSE:000876 BKK:CPF
Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No. 10-01, The Spire, Singapore, SGP, 658079
Website
https://www.daviscl.com
Davis Commodities Ltd is an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services. The Company operates across four main segments: the sale of sugar, rice, oil and fat products, and others. Among these, the sale of sugar stands out as the primary revenue generator, contributing significantly to the company's overall income.