GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Direct Selling Acquisition Corp (OTCPK:DSAQ) » Definitions » Debt-to-Equity

Direct Selling Acquisition (Direct Selling Acquisition) Debt-to-Equity : 0.17 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Direct Selling Acquisition Debt-to-Equity?

Direct Selling Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.48 Mil. Direct Selling Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Direct Selling Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $38.82 Mil. Direct Selling Acquisition's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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

DSAQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 1.25
Current: 0.17

During the past 3 years, the highest Debt-to-Equity Ratio of Direct Selling Acquisition was 1.25. The lowest was 0.01. And the median was 0.09.

DSAQ's Debt-to-Equity is ranked worse than
60.69% of 290 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs DSAQ: 0.17

Direct Selling Acquisition Debt-to-Equity Historical Data

The historical data trend for Direct Selling 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.

* Premium members only.

Direct Selling Acquisition Debt-to-Equity Chart

Direct Selling Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- 0.01 0.14

Direct Selling Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.09 0.14 0.17

Competitive Comparison of Direct Selling Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Direct Selling 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.

Direct Selling Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Direct Selling Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Direct Selling Acquisition'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
=(6.156 + 0) / 43.645
=0.14

Direct Selling Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(6.476 + 0) / 38.815
=0.17

* 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.

Direct Selling Acquisition  (OTCPK:DSAQ) 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.

Direct Selling Acquisition Debt-to-Equity Related Terms

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

Direct Selling Acquisition (Direct Selling Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Direct Selling Acquisition Corp (OTCPK:DSAQ) » Definitions » Debt-to-Equity
Comparable Companies
NSTB NPAB TBCP ARRW OPA MCAC GATE FIAC EVGR GPAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
5800 Democracy Drive, Plano, TX, USA, 75024
Website
https://www.dsacquisition.com
Direct Selling Acquisition Corp is a blank check company.
Executives
Himanshu Gulati 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Antara Capital Master Fund Lp 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Total Return Spac Master Fund Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Antara Capital Total Return Spac Fund Gp Llc 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Wayne Lee Moorehead director, officer: Chief Strategy Officer 123 EAST 200 NORTH, ALPINE UT 84004
Addison John A. Jr. director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Dave Wentz director, officer: Chief Executive Officer 308 W 300, S #203, SALT LAKE CITY UT 84101
Bradford Richardson director 3838 WEST PARKWAY BLVD, SALT LAKE CITY UT 84120
Travis Ogden director C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024
Mike Lohner director, officer: Chief Financial Officer C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024
Heather Chastain director C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024
Dsac Partners Llc 10 percent owner C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024