Dotz Nano (ASX:DTZ) Debt-to-Equity : -0.35 (As of Jun. 2023)

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What is Dotz Nano Debt-to-Equity?

Dotz Nano's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$1.08 Mil. Dotz Nano's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. Dotz Nano's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$-3.11 Mil. Dotz Nano's debt to equity for the quarter that ended in Jun. 2023 was -0.35.

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 Dotz Nano's Debt-to-Equity or its related term are showing as below:

ASX:DTZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.8 Med: 0.24 Max: 1.4
Current: 1.4

During the past 13 years, the highest Debt-to-Equity Ratio of Dotz Nano was 1.40. The lowest was -11.80. And the median was 0.24.

ASX:DTZ's Debt-to-Equity is ranked worse than
91.61% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs ASX:DTZ: 1.40

Dotz Nano Debt-to-Equity Historical Data

The historical data trend for Dotz Nano'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.

Dotz Nano Debt-to-Equity Chart

Dotz Nano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.01

0.15

-11.80

1.40

Dotz Nano Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.24	-11.80	-0.35	1.40

Competitive Comparison of Dotz Nano's Debt-to-Equity

For the Specialty Chemicals subindustry, Dotz Nano'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.

Dotz Nano's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dotz Nano's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dotz Nano's Debt-to-Equity falls into.

Dotz Nano Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dotz Nano's Debt to Equity Ratio for the fiscal year 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
	=	(4.679	+	0.339)	/	3.586
	=	1.40

Dotz Nano's Debt to Equity Ratio for the quarter 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
	=	(1.079	+	0)	/	-3.107
	=	-0.35

Dotz Nano (ASX:DTZ) 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.

Dotz Nano Debt-to-Equity Related Terms

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Dotz Nano (ASX:DTZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dotz Nano Ltd (ASX:DTZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DTZZF:USA 57N:Germany

Address

330 Collins Street, Level 14, Melbourne, VIC, AUS, 3000

Website

https://www.dotz.tech

Dotz Nano Ltd is a technology company specializing in the development and marketing of novel carbon-based materials used for tracing, anti-counterfeiting and product-liability solutions. It has focused on developing, manufacturing, and commercializing materials for tagging, tracing and verification, and diagnostics solutions. The company aimed at capitalizing on the technological innovation in the Graphene Quantum Dots (GQD) market.

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