DP World (DFM:DPW) Debt-to-Equity: 1.40 (As of Dec. 2019) — 61% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is DP World Debt-to-Equity?

DP World DFM:DPW Debt-to-Equity is 1.40 as of Dec. 2019, which is 61% above its 10-year median of 0.87. The stock has 9 warning signs investors should review.

DP World's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was د.إ4,854.85 Mil. DP World's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was د.إ55,679.30 Mil. DP World's Total Stockholders Equity for the quarter that ended in Dec. 2019 was د.إ43,391.20 Mil. DP World's debt to equity for the quarter that ended in Dec. 2019 was 1.40.

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

DFM:DPW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59   Med: 0.87   Max: 1.4
Current: 1.4

During the past 13 years, the highest Debt-to-Equity Ratio of DP World was 1.40. The lowest was 0.59. And the median was 0.87.

DFM:DPW's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.53 vs DFM:DPW: 1.40

DP World  (DFM:DPW) 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.


DP World Debt-to-Equity Related Terms


DP World Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for DP World'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.

DP World Debt-to-Equity Chart

DP World Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.87 0.72 0.93 1.40

DP World Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.83 0.93 1.24 1.40

DFM:DPW vs KEX: Debt-to-Equity Comparison

For the Marine Shipping subindustry, DP World'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.


DP World Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, DP World's Debt-to-Equity distribution charts can be found below:

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



DP World Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DP World's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

DP World's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.40 mean?
DP World (DFM:DPW) has a Debt-to-Equity of 1.40 as of Dec. 2019. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DP World and its competitors. This is 61% above median its historical median of 0.87. Over the past decade, DP World's Debt-to-Equity has ranged from 0.59 to 1.40.
Is DP World's Debt-to-Equity too high?
DP World's current Debt-to-Equity of 1.40 is 61% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.40. The Transportation industry median Debt-to-Equity is 0.53. DP World's value of 1.40 is 164.2% above this industry median.
How does DP World's Debt-to-Equity compare to KEX?
DP World's Debt-to-Equity of 1.40 can be compared against companies in the Transportation industry. The industry median Debt-to-Equity is 0.53. DP World's value of 1.40 is 164.2% above this benchmark. Historically, DP World's own Debt-to-Equity has ranged from 0.59 to 1.40 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.53, DP World has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DP World's current Debt-to-Equity of 1.40 is 164.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DP World and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DP World's current Debt-to-Equity is 1.40, which is 61% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DP World stock overvalued right now?
DP World (DFM:DPW) has a current Debt-to-Equity of 1.40. The current Debt-to-Equity is 1.40, which is 61% above median its 10-year median of 0.87 and 164.2% above the Transportation industry median of 0.53. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For DP World (DFM:DPW), the current Debt-to-Equity is 1.40 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DP World Business Description

Address Office 27, Level 3, Gate Village Building 4, PO Box 17000, Dubai International Financial Centre, Dubai, ARE
DP World PLC is a transportation and logistics company, domiciled in the United Arab Emirates. The company develops and manages international marine and inland terminal facilities, operates industrial parks and economic zones, and provides logistics services. DP World organises itself into three geographical segments: Asia-Pacific and the Indian subcontinent; Australia and Americas; and the Middle East, Europe, and Africa. The company derives the vast majority of revenue from the Middle East, Europe, and Africa.