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Dais (DLYT) Debt-to-Equity : -0.41 (As of Sep. 2023)


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What is Dais Debt-to-Equity?

Dais's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.73 Mil. Dais's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.15 Mil. Dais's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-14.48 Mil. Dais's debt to equity for the quarter that ended in Sep. 2023 was -0.41.

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

DLYT' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.43   Med: -0.35   Max: -0.01
Current: -0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Dais was -0.01. The lowest was -0.43. And the median was -0.35.

DLYT's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs DLYT: -0.41

Dais Debt-to-Equity Historical Data

The historical data trend for Dais'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.

Dais Debt-to-Equity Chart

Dais Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -0.33 -0.31 -0.36 -0.40

Dais Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.41 -0.40 -0.42 -0.43 -0.41

Competitive Comparison of Dais's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Dais'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.


Dais's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dais's Debt-to-Equity distribution charts can be found below:

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



Dais Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dais's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dais's Debt to Equity Ratio for the quarter that ended in Sep. 2023 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.


Dais  (OTCPK:DLYT) 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.


Dais Debt-to-Equity Related Terms

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


Dais (DLYT) Business Description

Traded in Other Exchanges
N/A
Address
11552 Prosperous Drive, Odessa, FL, USA, 33556
Dais Corp is a us-based nano-structured polymer technology materials company. Business activity of the firm includes development and distribution of nanotechnology-based applications for heating, cooling, water treatment, and energy storage. It offers ConsERV product, which is a fixed plate energy recovery ventilator. In addition, it is developing other nano-structured polymer technology applications, including NanoClear, a water clean-up process useful in the creation of potable water from contaminated water, including industrial process wastewater, sea, brackish or wastewater, and NanoAir, a water-based, no fluorocarbon-based, refrigerant dehumidification, humidification, heating and cooling system.
Executives
Robert Schwartz director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Mccollum Ira William Jr. director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Thomas E Tuner director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Judith M Cortina officer: Treasurer
Eliza X Wang director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Soex (hong Kong) Industry & Investment Co., Ltd. 10 percent owner ROOM 11-2-1103 11/F KOWLOON BLDG 555, NATHAN ROAD, MONGKOK KL K3 00000
Conner-boyd Joyce Collette officer: Chief Operating Officer 11452 PEMBROOK RUN, ESTERO FL 33928
Leonard Samuels 10 percent owner
Judith Carolyn Norstrud officer: CFO and Treasurer 15837 TRACKSIDE DRIVE, ODESSA FL 33556
David Longacre officer: VP of Sales and Marketing 4104 WEST MCKAY AVENUE, TAMPA FL 33609
Michael M Gostomski 10 percent owner
Harold Mandelbaum officer: CFO & Treasurer 315 EAST 70TH STREET #1E, NEW YORK NY 10021
Patricia Kelly Tangredi 10 percent owner 10416 PONTOFINO CIRCLE, TRINITY FL 34655
Timothy Tangredi director, 10 percent owner, officer: President & CEO 10416 PONTOFINO CIRCLE, TRINITY FL 34655
Linda Ehrenberg other: Spouse of Scott G. Ehenberg 1140 BAYTOWN DRIVE APT. 17, CHAMPAGNE IL 61822

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