Defense Technologies International (Defense Technologies International) Debt-to-Equity : -0.23 (As of Jan. 2024)

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

What is Defense Technologies International Debt-to-Equity?

Defense Technologies International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.44 Mil. Defense Technologies International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Defense Technologies International's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-1.92 Mil. Defense Technologies International's debt to equity for the quarter that ended in Jan. 2024 was -0.23.

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

DTII' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.01 Med: -0.32 Max: -0.07
Current: -0.23

During the past 12 years, the highest Debt-to-Equity Ratio of Defense Technologies International was -0.07. The lowest was -1.01. And the median was -0.32.

DTII's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.385 vs DTII: -0.23

Defense Technologies International Debt-to-Equity Historical Data

The historical data trend for Defense Technologies International'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.

Defense Technologies International Debt-to-Equity Chart

Defense Technologies International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

Get a 7-Day Free Trial

-0.37

-0.30

-0.18

-0.31

Defense Technologies International 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															-0.38	-0.31	-0.29	-0.27	-0.23

Competitive Comparison of Defense Technologies International's Debt-to-Equity

For the Security & Protection Services subindustry, Defense Technologies International'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.

Defense Technologies International's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Defense Technologies International's Debt-to-Equity distribution charts can be found below:

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

Defense Technologies International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Defense Technologies International's Debt to Equity Ratio for the fiscal year that ended in Apr. 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
	=	(0.499	+	0)	/	-1.621
	=	-0.31

Defense Technologies International'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
	=	(0.438	+	0)	/	-1.923
	=	-0.23

Defense Technologies International (OTCPK:DTII) 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.

Defense Technologies International Debt-to-Equity Related Terms

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

Defense Technologies International (Defense Technologies International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Defense Technologies International Corp (OTCPK:DTII) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2683 Via De La Valle, Suite G418, Del Mar, CA, USA, 92014

Website

https://www.defensetechnologiesintl.com

Defense Technologies International Corp is a United States-based company providing solutions for risks and threats. The company offers defense detection and protection products to improve security for military personnel, schools, and other public facilities. It offers DTC Offender Alert Passive Scan, a passive scanning system for detecting and identifying concealed threats. The company also offers services including single and multiple year warranty extension service and Passive Scan operator training course. It operates in one segment, the defense, detection and protection products industry.

Defense Technologies International (Defense Technologies International) Headlines

No Headlines