Digital Network (WAR:DIG) Debt-to-Equity: 1.79 (As of Mar. 2026) — 273% Above Median

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Founder & CEO of GuruFocus
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WAR:DIG Digital Network SA WAR:DIG
80 GF Score
Price zł295.60
GF Value zł155.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Digital Network Debt-to-Equity?

Digital Network WAR:DIG -0.47% 80 Debt-to-Equity is 1.79 as of Mar. 2026, which is 273% above its 10-year median of 0.48. GuruFocus rates WAR:DIG with a GF Score™ of 80/100 and a GF Value™ of zł155.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 831 Media - Diversified companies, Digital Network ranks worse than 88.21% on this metric.

Digital Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł57.8 Mil. Digital Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł143.4 Mil. Digital Network's Total Stockholders Equity for the quarter that ended in Mar. 2026 was zł112.3 Mil. Digital Network's debt to equity for the quarter that ended in Mar. 2026 was 1.79.

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

WAR:DIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.48   Max: 1.95
Current: 1.79

During the past 13 years, the highest Debt-to-Equity Ratio of Digital Network was 1.95. The lowest was 0.00. And the median was 0.48.

WAR:DIG's Debt-to-Equity is ranked worse than
88.21% of 831 companies
in the Media - Diversified industry
Industry Median: 0.25 vs WAR:DIG: 1.79

Digital Network  (WAR:DIG) 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 Network Debt-to-Equity Related Terms


Digital Network Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Digital Network'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 Network Debt-to-Equity Chart

Digital Network Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.51 0.42 0.48 1.95

Digital Network Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.42 0.41 0.37 1.95 1.79

WAR:DIG vs NXST: Debt-to-Equity Comparison

For the Broadcasting subindustry, Digital Network'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 Network Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital Network's Debt-to-Equity distribution charts can be found below:

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


WAR:DIG
80GF Score
Digital Network SA WAR:DIG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Digital Network Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Network's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Digital Network's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 1.79 mean?
Digital Network (WAR:DIG) has a Debt-to-Equity of 1.79 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digital Network and its competitors. This is 273% above median its historical median of 0.48. According to the industry distribution chart, Digital Network ranks #733 out of 831 companies in the Media - Diversified industry, placing it in the top 88.2%.
Is Digital Network's Debt-to-Equity too high?
Digital Network's current Debt-to-Equity of 1.79 is 273% above median its 10-year median of 0.48. The Media - Diversified industry median Debt-to-Equity is 0.25. Digital Network's value of 1.79 is 616% above this industry median. Based on the distribution chart, Digital Network ranks #733 out of 831 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Digital Network has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Network's Debt-to-Equity compare to NXST?
According to the Media - Diversified industry distribution chart, Digital Network ranks #733 out of 831 companies for Debt-to-Equity. This places Digital Network in the lower half of its industry. The industry median Debt-to-Equity is 0.25. Digital Network's value of 1.79 is 616% above this benchmark. While the company's 10-year median is 0.48 vs. the industry median of 0.25, Digital Network 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 Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 831 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 Network's current Debt-to-Equity of 1.79 is 616% 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 Digital Network and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Network's current Debt-to-Equity is 1.79, which is 273% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Network stock overvalued right now?
Based on GuruFocus' analysis, Digital Network (WAR:DIG) is currently considered Significantly Overvalued. The stock's GF Value™ is zł155.76, compared to a current price of zł295.60 — trading 89.8% above its estimated fair value. The current Debt-to-Equity is 1.79, which is 273% above median its 10-year median of 0.48 and 616% above the Media - Diversified industry median of 0.25. Digital Network's overall GF Score™ is 80/100 with 5 warning signs to review. 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 Network (WAR:DIG), the current Debt-to-Equity is 1.79 as of Mar. 2026. 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.

Is Digital Network (WAR:DIG) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Network stock appears to be overvalued. The current stock price of zł295.60 is trading 89.8% above its estimated GF Value™ of zł155.76. GuruFocus considers Digital Network to be Significantly Overvalued.

Key valuation signals for WAR:DIG:

  • Debt-to-Equity: 1.79 (273% above median its 10-year median of 0.48)
  • GF Value™: zł155.76 vs. price of zł295.60 (89.8% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 616% above the Media - Diversified median (#733 of 831)

No single metric tells the full story. See the WAR:DIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Network Business Description

Other Exchanges RC6:Germany
Address ul. Fabryczna 5A, 3rd floor, Warszawa, POL, 00-446
Digital Network SA consists in selling advertising time through digital outdoor advertising in Poland.
80GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł295.60
Price
zł155.76
GF Value