Deezer (XPAR:DEEZR) Debt-to-Equity : -0.18 (As of Dec. 2023)

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What is Deezer Debt-to-Equity?

Deezer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €11.5 Mil. Deezer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €29.0 Mil. Deezer's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-226.9 Mil. Deezer's debt to equity for the quarter that ended in Dec. 2023 was -0.18.

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

XPAR:DEEZR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.56 Med: -0.24 Max: -0.12
Current: -0.18

During the past 8 years, the highest Debt-to-Equity Ratio of Deezer was -0.12. The lowest was -0.56. And the median was -0.24.

XPAR:DEEZR's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.29 vs XPAR:DEEZR: -0.18

Deezer Debt-to-Equity Historical Data

The historical data trend for Deezer'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.

Deezer Debt-to-Equity Chart

Deezer Annual Data

Trend

Dec12

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.56

-0.22

-0.12

-0.27

-0.18

Deezer Semi-Annual Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							-0.12	N/A	-0.27	-0.11	-0.18

Competitive Comparison of Deezer's Debt-to-Equity

For the Entertainment subindustry, Deezer'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.

Deezer's Debt-to-Equity Distribution in the Media - Diversified Industry

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

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

Deezer Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Deezer'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
	=	(11.549	+	29.016)	/	-226.922
	=	-0.18

Deezer's Debt to Equity Ratio for the quarter 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
	=	(11.549	+	29.016)	/	-226.922
	=	-0.18

Deezer (XPAR:DEEZR) 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.

Deezer Debt-to-Equity Related Terms

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Deezer (XPAR:DEEZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Deezer SA (XPAR:DEEZR) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

L0A:Germany

Address

24 rue de Calais, Paris, FRA, 75009

Website

https://www.deezer.com

Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, innovative recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the US.

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