Dynamic Group Holdings (ASX:DDB) Debt-to-Equity : 0.55 (As of Dec. 2023)

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What is Dynamic Group Holdings Debt-to-Equity?

Dynamic Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$9.4 Mil. Dynamic Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$18.5 Mil. Dynamic Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$50.5 Mil. Dynamic Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.55.

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 Dynamic Group Holdings's Debt-to-Equity or its related term are showing as below:

ASX:DDB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.66 Max: 0.87
Current: 0.55

During the past 3 years, the highest Debt-to-Equity Ratio of Dynamic Group Holdings was 0.87. The lowest was 0.46. And the median was 0.66.

ASX:DDB's Debt-to-Equity is ranked worse than
56.55% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs ASX:DDB: 0.55

Dynamic Group Holdings Debt-to-Equity Historical Data

The historical data trend for Dynamic Group Holdings'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.

Dynamic Group Holdings Debt-to-Equity Chart

Dynamic Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.66

0.53

0.69

Dynamic Group Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.46	0.53	0.67	0.69	0.55

Competitive Comparison of Dynamic Group Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, Dynamic Group Holdings'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.

Dynamic Group Holdings's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dynamic Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dynamic Group Holdings's Debt-to-Equity falls into.

Dynamic Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dynamic Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(9.94	+	22.681)	/	47.418
	=	0.69

Dynamic Group Holdings'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
	=	(9.438	+	18.5)	/	50.531
	=	0.55

Dynamic Group Holdings (ASX:DDB) 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.

Dynamic Group Holdings Debt-to-Equity Related Terms

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Dynamic Group Holdings (ASX:DDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dynamic Group Holdings Ltd (ASX:DDB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Hasler Road, Level 2, Osborne Park, WA, AUS, 6017

Website

https://www.dynamicdrillandblast.com.au

Dynamic Group Holdings Ltd, formerly Dynamic Drill and Blast Holdings Ltd is engaged in providing drill and blast services. The firm generates its revenue from mine production drilling and blasting for resource extraction and construction project drilling and blasting for mine development purposes through the supply of labor, drilling equipment, and services and explosives equipment and services.

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