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Duo World (Duo World) Debt-to-Equity : -0.59 (As of Sep. 2023)


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What is Duo World Debt-to-Equity?

Duo World's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.63 Mil. Duo World's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.55 Mil. Duo World's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-1.99 Mil. Duo World's debt to equity for the quarter that ended in Sep. 2023 was -0.59.

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

DUUO' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.16   Med: -0.55   Max: -0.1
Current: -0.59

During the past 8 years, the highest Debt-to-Equity Ratio of Duo World was -0.10. The lowest was -1.16. And the median was -0.55.

DUUO's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs DUUO: -0.59

Duo World Debt-to-Equity Historical Data

The historical data trend for Duo World'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.

Duo World Debt-to-Equity Chart

Duo World Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial -0.58 -0.55 -0.47 -0.38 -0.29

Duo World 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 -0.58 -0.60 -0.29 -0.60 -0.59

Competitive Comparison of Duo World's Debt-to-Equity

For the Software - Application subindustry, Duo World'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.

Duo World's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Duo World's Debt-to-Equity distribution charts can be found below:

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


Duo World Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Duo World's Debt to Equity Ratio for the fiscal year that ended in Mar. 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 + 0.55) / -1.928
=-0.29

Duo World'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
=(0.627 + 0.547) / -1.993
=-0.59

* 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.

Duo World  (OTCPK:DUUO) 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.

Duo World Debt-to-Equity Related Terms

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

Duo World (Duo World) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Duo World Inc (OTCPK:DUUO) » Definitions » Debt-to-Equity
Comparable Companies
VRTC KSPN LAAB TTCM ISGN ABQQ TWOHD IGEN XNDA CTKYY CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
c/o Duo Software (Pvt.) Ltd, No. 6, Charles Terrace, Off Alfred Place, Colombo, LKA, 03
Website
https://www.duoworld.com
Duo World Inc is an information technology and software solutions company. Its products include FaceTone, cloud communications and collaborations platform that is offered through public and private cloud and on-site implementations as per business preferences. The Company recognizes revenue from the sale of software licenses and related services. Its application (Duo Subscribe, Duo Contact, DigIn, FaceTone, CloudCharge, and SmoothFlow) provide solutions in the space of Data Analytics, Customer Life Cycle Management, Subscriber Billing and Work Flow.
Executives
Muhunthan Canagasooryam director, 10 percent owner, officer: President, CEO LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Mahmud Riad Ameen director, officer: Legal Director LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300
Perera Suzannah Jennifer Samuel director, officer: Chief Financial Officer LEVEL 6, NO- 403, GALLE ROAD, COLOMBO F1 00300