DG Innovate (LSE:DGI) Debt-to-Asset : 0.34 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is DG Innovate Debt-to-Asset?

DG Innovate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.21 Mil. DG Innovate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.25 Mil. DG Innovate's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was £7.24 Mil. DG Innovate's debt to asset for the quarter that ended in Dec. 2023 was 0.34.

DG Innovate Debt-to-Asset Historical Data

The historical data trend for DG Innovate'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.

* Premium members only.

DG Innovate Debt-to-Asset Chart

DG Innovate Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

Debt-to-Asset

0.10

0.11

0.20

0.09

0.34

DG Innovate Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial				0.15	0.08	0.09	0.11	0.34

Competitive Comparison of DG Innovate's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, DG Innovate'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.

DG Innovate's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DG Innovate's Debt-to-Asset distribution charts can be found below:

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

DG Innovate Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

DG Innovate'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
	=	(0.208	+	2.246)	/	7.24
	=	0.34

DG Innovate's Debt-to-Asset for the quarter 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
	=	(0.208	+	2.246)	/	7.24
	=	0.34

DG Innovate (LSE:DGI) 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.

DG Innovate Debt-to-Asset Related Terms

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

DG Innovate (LSE:DGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DG Innovate PLC (LSE:DGI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mill Field Road, 15 Victoria Mews Cottingley Business Park, Bingley, GBR, BD16 1PY

Website

https://www.dgiplc.com

DG Innovate PLC is a research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and engineering & scientific practices. The company is currently developing its products alongside several major manufacturers across the transportation and energy sectors, research institutions and the UK Government and has filed 18 patents worldwide.