Digi Communications NV (BSE:DIGI) Debt-to-Equity : 2.61 (As of Mar. 2024)

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What is Digi Communications NV Debt-to-Equity?

Digi Communications NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei3,960 Mil. Digi Communications NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei5,147 Mil. Digi Communications NV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was lei3,487 Mil. Digi Communications NV's debt to equity for the quarter that ended in Mar. 2024 was 2.61.

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 Digi Communications NV's Debt-to-Equity or its related term are showing as below:

BSE:DIGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.07 Med: 6.01 Max: 17.24
Current: 2.61

During the past 8 years, the highest Debt-to-Equity Ratio of Digi Communications NV was 17.24. The lowest was 2.07. And the median was 6.01.

BSE:DIGI's Debt-to-Equity is ranked worse than
87.76% of 343 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs BSE:DIGI: 2.61

Digi Communications NV Debt-to-Equity Historical Data

The historical data trend for Digi Communications NV'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.

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Digi Communications NV Debt-to-Equity Chart

Digi Communications NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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7.09

7.07

6.83

2.45

2.69

Digi Communications NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.58	2.81	2.99	2.69	2.61

Competitive Comparison of Digi Communications NV's Debt-to-Equity

For the Telecom Services subindustry, Digi Communications NV'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.

Digi Communications NV's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Digi Communications NV's Debt-to-Equity distribution charts can be found below:

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

Digi Communications NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digi Communications NV'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
	=	(1404.645	+	7591.074)	/	3349.833
	=	2.69

Digi Communications NV's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(3959.589	+	5147.008)	/	3487.299
	=	2.61

Digi Communications NV (BSE:DIGI) 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.

Digi Communications NV Debt-to-Equity Related Terms

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

Digi Communications NV (BSE:DIGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Digi Communications NV (BSE:DIGI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

75 Dr. Staicovici Street, Forum 2000 Building, Phase I, Fourth Floor, 5th District, Bucharest, ROU

Website

https://www.digi-communications.ro

Digi Communications NV is a provider of telecommunication services. The company provides cable and DTH television services, fixed internet and data and fixed-line telephony. Its fixed telecommunication and entertainment services are offered through fiber optic network in Romania and Hungary. Its cable and satellite (DTH) television offers subscribers custom-made channels and pay TV services, which carry premium movies and sports content. Geographically, it derives a majority of its revenue from Romania.

Digi Communications NV (BSE:DIGI) Headlines

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