DigiAsia (DigiAsia) Debt-to-Equity : 0.09 (As of Dec. 2022)

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What is DigiAsia Debt-to-Equity?

DigiAsia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.36 Mil. DigiAsia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $5.02 Mil. DigiAsia's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $58.37 Mil. DigiAsia's debt to equity for the quarter that ended in Dec. 2022 was 0.09.

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

FAAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.23
Current: 0.23

During the past 3 years, the highest Debt-to-Equity Ratio of DigiAsia was 0.23. The lowest was 0.02. And the median was 0.09.

FAAS's Debt-to-Equity is ranked worse than
51.99% of 2216 companies
in the Software industry
Industry Median: 0.21 vs FAAS: 0.23

DigiAsia Debt-to-Equity Historical Data

The historical data trend for DigiAsia'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.

DigiAsia Debt-to-Equity Chart

DigiAsia Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

0.09

0.23

DigiAsia Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-Equity	0.02	0.09	0.23

Competitive Comparison of DigiAsia's Debt-to-Equity

For the Software - Infrastructure subindustry, DigiAsia'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.

DigiAsia's Debt-to-Equity Distribution in the Software Industry

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

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

DigiAsia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DigiAsia'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
	=	(2.964	+	0)	/	13.104
	=	0.23

DigiAsia's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(0.362	+	5.017)	/	58.368
	=	0.09

DigiAsia (NAS:FAAS) 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.

DigiAsia Debt-to-Equity Related Terms

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

DigiAsia (DigiAsia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigiAsia Corp (NAS:FAAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Raffles Place, No. 28-02, Singapore, SGP, 048616

Website

https://www.digiasia.asia

DigiAsia Bios Pte Ltd operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a leading fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.