Digerati Technologies (Digerati Technologies) Debt-to-Equity : -1.55 (As of Jan. 2024)

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What is Digerati Technologies Debt-to-Equity?

Digerati Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $52.28 Mil. Digerati Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1.17 Mil. Digerati Technologies's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-34.49 Mil. Digerati Technologies's debt to equity for the quarter that ended in Jan. 2024 was -1.55.

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

DTGI' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.27 Med: -1.23 Max: -0.03
Current: -1.55

During the past 13 years, the highest Debt-to-Equity Ratio of Digerati Technologies was -0.03. The lowest was -3.27. And the median was -1.23.

DTGI's Debt-to-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 0.64 vs DTGI: -1.55

Digerati Technologies Debt-to-Equity Historical Data

The historical data trend for Digerati Technologies'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.

Digerati Technologies Debt-to-Equity Chart

Digerati Technologies Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

Get a 7-Day Free Trial

-1.26

-1.23

-0.77

-1.77

-1.73

Digerati Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-1.72	-1.69	-1.73	-1.65	-1.55

Competitive Comparison of Digerati Technologies's Debt-to-Equity

For the Telecom Services subindustry, Digerati Technologies'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.

Digerati Technologies's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Digerati Technologies's Debt-to-Equity distribution charts can be found below:

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

Digerati Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digerati Technologies's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(46.103	+	1.674)	/	-27.611
	=	-1.73

Digerati Technologies's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(52.276	+	1.171)	/	-34.49
	=	-1.55

Digerati Technologies (OTCPK:DTGI) 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.

Digerati Technologies Debt-to-Equity Related Terms

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Digerati Technologies (Digerati Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Digerati Technologies Inc (OTCPK:DTGI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8023 Vantage Drive, Suite 660, San Antonio, TX, USA, 78230

Website

https://www.digerati-inc.com

Digerati Technologies Inc is a provider of cloud services specializing in Unified Communications as a Service (UCaaS) solutions. The company's product portfolio includes Internet-based telephony products and services delivered through its cloud application platform and session-based communication network and network services including internet broadband, fiber, mobile broadband and cloud WAN solutions (SD WAN). Its services provide enterprise-class, carrier-grade services to the small-to-medium-sized business at cost-effective monthly rates. Its UCaaS or cloud communication services include fully hosted IP/PBX, mobile applications, Voice over Internet Protocol transport, SIP trunking, and customized VoIP services all delivered Only in the Cloud.

Executives

Post Road Special Opportunity Fund Ii Offshore Lp	10 percent owner	C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Kevin C. Davis	10 percent owner	C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Sof Gp Ii Llc	10 percent owner	2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Group Lp	10 percent owner	2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Michael Bogdan	10 percent owner	C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Special Opportunity Fund Ii Lp	10 percent owner	2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Digerati Technologies, Inc.	10 percent owner	8023 VANTAGE DRIVE, SUITE 660, SAN ANTONIO TX 78230
Craig Kendall Clement	director, 10 percent owner	626 JESSAMINE STREET, SAN ANTONIO TX 78209
Flagship Oil & Gas Corp.	10 percent owner	626 JESSAMINE STREET, SAN ANTONIO TX 78209
Max Polinsky	director	10715 GULFDALE STE 200, SAN ANTONIO TX 78216
William E. Mcilwain	other: Former Director	3111 ROSEMARY PARK LANE, HOUSTON TX 77082
Arthur L Smith	officer: Chief Executive Officer	8600 WURZBACH, SUITE 700W, SAN ANTONIO TX 78240
James John Davis	director	13626 WINTER CREEK COURT, HOUSTON TX 77077
Antonio Jr Estrada	officer: Chief Financial Officer	1807 DEER RIDGE ST, SAN ANTONIO TX 78232
John Howell	director	1950 CINNAMON TEAL DR., REDMOND OR 97756