FAASF (DigiAsia) Debt-to-Equity: 0.59 (As of Jun. 2024)

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What is DigiAsia Debt-to-Equity?

DigiAsia FAASF -40.21% Debt-to-Equity is 0.59 as of Jun. 2024.

DigiAsia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $15.23 Mil. DigiAsia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.02 Mil. DigiAsia's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $25.97 Mil. DigiAsia's debt to equity for the quarter that ended in Jun. 2024 was 0.59.

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

FAASF's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

DigiAsia  (OTCPK:FAASF) 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.

DigiAsia Debt-to-Equity Related Terms

DigiAsia Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for DigiAsia'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.

DigiAsia Debt-to-Equity Chart

DigiAsia Annual Data
Trend Dec21 Dec22
Debt-to-Equity
0.02 0.09

DigiAsia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Jun24
Debt-to-Equity 0.02 N/A 0.09 0.10 0.59

FAASF vs DTSS, BNAI, NUAI: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, DigiAsia'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.

DigiAsia Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, DigiAsia's Debt-to-Equity distribution charts can be found below:

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


DigiAsia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DigiAsia'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
=(0.362 + 5.017) / 58.368
=0.09

DigiAsia's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(15.233 + 0.017) / 25.971
=0.59

* 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 0.59 mean?
DigiAsia (FAASF) has a Debt-to-Equity of 0.59 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DigiAsia and its competitors.
Is DigiAsia's Debt-to-Equity too high?
DigiAsia's current Debt-to-Equity is 0.59. The Software industry median Debt-to-Equity is 0.19. DigiAsia's value of 0.59 is 210.5% above this industry median.
How does DigiAsia's Debt-to-Equity compare to DTSS and BNAI?
DigiAsia's Debt-to-Equity of 0.59 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.19. DigiAsia's value of 0.59 is 210.5% above this benchmark. 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,245 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. DigiAsia's current Debt-to-Equity of 0.59 is 210.5% 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 DigiAsia and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DigiAsia's current Debt-to-Equity is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DigiAsia stock overvalued right now?
DigiAsia (FAASF) has a current Debt-to-Equity of 0.59. The current Debt-to-Equity is 0.59 and 210.5% above the Software industry median of 0.19. 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 DigiAsia (FAASF), the current Debt-to-Equity is 0.59 as of Jun. 2024. 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.

DigiAsia Business Description

Address One Raffles Place, No. 28-02, Singapore, SGP, 048616
DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.