Dialight (Dialight) Debt-to-Equity : 0.53 (As of Jun. 2023)

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What is Dialight Debt-to-Equity?

Dialight's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.1 Mil. Dialight's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $39.5 Mil. Dialight's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $78.5 Mil. Dialight's debt to equity for the quarter that ended in Jun. 2023 was 0.53.

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

DIALF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.45 Max: 0.5
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Dialight was 0.50. The lowest was 0.06. And the median was 0.45.

DIALF's Debt-to-Equity is ranked worse than
64.26% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs DIALF: 0.47

Dialight Debt-to-Equity Historical Data

The historical data trend for Dialight'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.

Dialight Debt-to-Equity Chart

Dialight Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.48

0.49

0.50

0.47

Dialight 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															0.49	0.50	0.50	0.53	0.47

Competitive Comparison of Dialight's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Dialight'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.

Dialight's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dialight's Debt-to-Equity distribution charts can be found below:

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

Dialight Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dialight'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
	=	(2.152	+	36.835)	/	82.532
	=	0.47

Dialight'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
	=	(2.146	+	39.52)	/	78.535
	=	0.53

Dialight (OTCPK:DIALF) 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.

Dialight Debt-to-Equity Related Terms

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Dialight (Dialight) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dialight PLC (OTCPK:DIALF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DIAl:UK DIA:UK

Address

25 Old Broad Street, Leaf C, Level 36, Tower 42, London, GBR, EC2N 1HQ

Website

https://www.dialight.com

Dialight PLC manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations. It provides lighting products to customers in industrial sectors including steel foundries, pulp and paper mills, automotive manufacturers, utility, and wastewater plants, and food and beverage processing plants. In addition, it provides specialist lighting products for hazardous industrial sites, including the oil and gas and mining sectors. Its segments are Lighting, Signals, and Components. The majority of the revenue is derived from the sale of LED lighting solutions and anti-collision obstruction lighting. Geographically it derives the majority of its revenue from North America.