Decker Manufacturing (Decker Manufacturing) Debt-to-Equity : 0.27 (As of Sep. 2023)

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What is Decker Manufacturing Debt-to-Equity?

Decker Manufacturing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.78 Mil. Decker Manufacturing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.27 Mil. Decker Manufacturing's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $26.24 Mil. Decker Manufacturing's debt to equity for the quarter that ended in Sep. 2023 was 0.27.

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

DMFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.27 Max: 0.27
Current: 0.27

During the past 0 years, the highest Debt-to-Equity Ratio of Decker Manufacturing was 0.27. The lowest was 0.27. And the median was 0.27.

DMFG's Debt-to-Equity is ranked better than
52.72% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs DMFG: 0.27

Decker Manufacturing Debt-to-Equity Historical Data

The historical data trend for Decker Manufacturing'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.

Decker Manufacturing Debt-to-Equity Chart

Decker Manufacturing Annual Data

Trend

Debt-to-Equity

Decker Manufacturing Quarterly Data
	Sep22	Sep23
Debt-to-Equity	N/A	0.27

Competitive Comparison of Decker Manufacturing's Debt-to-Equity

For the Tools & Accessories subindustry, Decker Manufacturing'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.

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

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

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

Decker Manufacturing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Decker Manufacturing's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Decker Manufacturing's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(5.778	+	1.265)	/	26.244
	=	0.27

Decker Manufacturing (OTCPK:DMFG) 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.

Decker Manufacturing Debt-to-Equity Related Terms

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

Decker Manufacturing (Decker Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Decker Manufacturing Corp (OTCPK:DMFG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

703 North Clark Street, Albion, MI, USA, 49224

Website

https://www.deckernut.com

Decker Manufacturing Corp is engaged in supplying high-quality fasteners to the automotive, farm implement, highway, and construction industries. Its products include hex nuts, weld nuts, pipe plugs, and other industrial fasteners.

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