DXN (ASX:DXN) Debt-to-Equity : -33.22 (As of Dec. 2023)

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What is DXN Debt-to-Equity?

DXN's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.04 Mil. DXN's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$5.67 Mil. DXN's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-0.20 Mil. DXN's debt to equity for the quarter that ended in Dec. 2023 was -33.22.

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

ASX:DXN' s Debt-to-Equity Range Over the Past 10 Years
Min: -75.22 Med: 0.92 Max: 2.09
Current: -33.22

During the past 5 years, the highest Debt-to-Equity Ratio of DXN was 2.09. The lowest was -75.22. And the median was 0.92.

ASX:DXN's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs ASX:DXN: -33.22

DXN Debt-to-Equity Historical Data

The historical data trend for DXN'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.

DXN Debt-to-Equity Chart

DXN Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.18

1.02

0.92

2.09

-75.22

DXN Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						1.50	2.09	0.77	-75.22	-33.22

Competitive Comparison of DXN's Debt-to-Equity

For the Information Technology Services subindustry, DXN'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.

DXN's Debt-to-Equity Distribution in the Software Industry

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

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

DXN Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DXN'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
	=	(0.86	+	12.304)	/	-0.175
	=	-75.22

DXN'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
	=	(1.044	+	5.666)	/	-0.202
	=	-33.22

DXN (ASX:DXN) 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.

DXN Debt-to-Equity Related Terms

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DXN (ASX:DXN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DXN Ltd (ASX:DXN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Dampier Road, Welshpool, WA, AUS, 6106

Website

https://www.dxn.solutions

DXN Ltd operates as a data centre company .It is engaged in data centre manufacturing division engineers, constructs and commissions data centre solutions globally. Data centres provide space, power, cooling, and physical security for clients to house their computer servers and related storage and networking equipment. It has a wide range of applications, which includes edge data centres and telecommunications applications (satellite, radio centres, cable landing stations). It also offers management and maintenance to all DXN Data Centres and remote Modular Data Centres. Business operating segments include; Data Centre Manufacturing and Data Centre Operations. Substantial revenue comes from the Data Centre Manufacturing segment.

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