DWACW (Digital World Acquisition) Debt-to-Equity: 0.02 (As of Sep. 2023) — Near 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 Digital World Acquisition Debt-to-Equity?

Digital World Acquisition DWACW +26.02% Debt-to-Equity is 0.02 as of Sep. 2023, which is at its 10-year median of 0.02. The stock has 1 warning sign investors should review.

Digital World Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.75 Mil. Digital World Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Digital World Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $246.66 Mil. Digital World Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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

DWACW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 3.42
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of Digital World Acquisition was 3.42. The lowest was 0.00. And the median was 0.02.

DWACW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs DWACW: 0.02

Digital World Acquisition  (NAS:DWACW) 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 World Acquisition Debt-to-Equity Related Terms

Digital World Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Digital World Acquisition'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.

Digital World Acquisition Debt-to-Equity Chart

Digital World Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
N/A 0.00 0.01

Digital World Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.02

DWACW vs SAGA, HCVI, TRTL: Debt-to-Equity Comparison

For the Shell Companies subindustry, Digital World Acquisition'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 World Acquisition Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Digital World Acquisition's Debt-to-Equity distribution charts can be found below:

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


Digital World Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital World Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(3.501 + 0) / 266.977
=0.01

Digital World Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(5.747 + 0) / 246.663
=0.02

* 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 0.02 mean?
Digital World Acquisition (DWACW) has a Debt-to-Equity of 0.02 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digital World Acquisition and its competitors. This is near median its historical median of 0.02.
Is Digital World Acquisition's Debt-to-Equity too high?
Digital World Acquisition's current Debt-to-Equity of 0.02 is near median its 10-year median of 0.02. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Digital World Acquisition's value of 0.02 is 88.9% below this industry median.
How does Digital World Acquisition's Debt-to-Equity compare to SAGA and HCVI?
Digital World Acquisition's Debt-to-Equity of 0.02 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. Digital World Acquisition's value of 0.02 is 88.9% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.18, Digital World Acquisition has consistently been below 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 Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 168 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. Digital World Acquisition's current Debt-to-Equity of 0.02 is 88.9% below 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 Digital World Acquisition and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital World Acquisition's current Debt-to-Equity is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital World Acquisition stock overvalued right now?
Digital World Acquisition (DWACW) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02, which is near median its 10-year median of 0.02 and 88.9% below the Diversified Financial Services industry median of 0.18. 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 Digital World Acquisition (DWACW), the current Debt-to-Equity is 0.02 as of Sep. 2023. 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.

Digital World Acquisition Business Description

Address 3109 Grand Avenue, No 450, Miami, FL, USA, 33133
Digital World Acquisition Corp is a blank check company.