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DGCMF (Digital Commodities Capital) Debt-to-Equity : 0.74 (As of Nov. 2024)


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What is Digital Commodities Capital Debt-to-Equity?

Digital Commodities Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.25 Mil. Digital Commodities Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil. Digital Commodities Capital's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $0.33 Mil. Digital Commodities Capital's debt to equity for the quarter that ended in Nov. 2024 was 0.74.

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 Digital Commodities Capital's Debt-to-Equity or its related term are showing as below:

DGCMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 38.17
Current: 0.74

During the past 3 years, the highest Debt-to-Equity Ratio of Digital Commodities Capital was 38.17. The lowest was 0.01. And the median was 0.15.

DGCMF's Debt-to-Equity is ranked worse than
79.53% of 816 companies
in the Drug Manufacturers industry
Industry Median: 0.27 vs DGCMF: 0.74

Digital Commodities Capital Debt-to-Equity Historical Data

The historical data trend for Digital Commodities Capital'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.

Digital Commodities Capital Debt-to-Equity Chart

Digital Commodities Capital Annual Data
Trend Feb22 Feb23 Feb24
Debt-to-Equity
0.05 0.11 42.50

Digital Commodities Capital Quarterly Data
Aug20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 42.50 0.52 5.41 0.74

Competitive Comparison of Digital Commodities Capital's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Digital Commodities Capital'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.


Digital Commodities Capital's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Digital Commodities Capital's Debt-to-Equity distribution charts can be found below:

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


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Digital Commodities Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Commodities Capital's Debt to Equity Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Digital Commodities Capital's Debt to Equity Ratio for the quarter that ended in Nov. 2024 is calculated as

* 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.


Digital Commodities Capital  (OTCPK:DGCMF) 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.


Digital Commodities Capital Debt-to-Equity Related Terms

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


Digital Commodities Capital Business Description

Traded in Other Exchanges
Address
West Broadway, Suite 830-999, Vancouver, BC, CAN, V5Z 1K5
Digital Commodities Capital Corp is an Investment company. The company focuses on diversifying into digital cryptocurrencies, tangible hard commodities and the equity of companies to offer stability and growth in volatile economic landscape.

Digital Commodities Capital Headlines