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DORM (Dorman Products) Debt-to-Equity : 0.51 (As of Sep. 2024)


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What is Dorman Products Debt-to-Equity?

Dorman Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $81 Mil. Dorman Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $549 Mil. Dorman Products's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,235 Mil. Dorman Products's debt to equity for the quarter that ended in Sep. 2024 was 0.51.

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

DORM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.31   Max: 0.8
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Dorman Products was 0.80. The lowest was 0.04. And the median was 0.31.

DORM's Debt-to-Equity is ranked worse than
52.69% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs DORM: 0.51

Dorman Products Debt-to-Equity Historical Data

The historical data trend for Dorman Products'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.

Dorman Products Debt-to-Equity Chart

Dorman Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.31 0.80 0.57

Dorman Products Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.62 0.57 0.56 0.53 0.51

Competitive Comparison of Dorman Products's Debt-to-Equity

For the Auto Parts subindustry, Dorman Products'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.


Dorman Products's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dorman Products's Debt-to-Equity distribution charts can be found below:

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



Dorman Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dorman Products's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dorman Products's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Dorman Products  (NAS:DORM) 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.


Dorman Products Debt-to-Equity Related Terms

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


Dorman Products Business Description

Traded in Other Exchanges
Address
3400 East Walnut Street, Colmar, PA, USA, 18915
Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates in the United States.
Executives
John Mcknight officer: SVP, Operations 3400 EAST WALNUT STREET, COLMAR PA 19103
Eric Luftig officer: Senior Vice President, Product 3400 EAST WALNUT STREET, COLMAR PA 18915
Jeffery Darby officer: SVP, Sales C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Joseph P. Braun officer: SVP and General Counsel C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Donna M. Long officer: SVP, CIO 3400 EAST WALNUT STREET, COLMAR PA 18915
Scott Leff officer: SVP, CHRO 3400 EAST WALNUT STREET, COLMAR PA 18915
Steven L Berman director, 10 percent owner, officer: President, COO
G. Michael Stakias director C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lindsay Hunt officer: Pres and CEO, Specialty Vehicl 3400 EAST WALNUT STREET, COLMAR PA 18915
Brian Borradaile officer: SVP, Strategy & Corp Dev 3400 EAST WALNUT STREET, COLMAR PA 18915
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Paul E Anderson officer: President, Heavy Duty 3400 EAST WALNUT STREET, COLMAR PA 18915
Michael Kealey officer: SVP, Product C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lisa M Bachmann director 300 PHILLIPI ROAD, COLUMBUS OH 43228