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Dnow (DNOW) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Dnow Debt-to-Equity?

Dnow's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11 Mil. Dnow's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30 Mil. Dnow's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,060 Mil. Dnow's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

DNOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.14
Current: 0.04

During the past 12 years, the highest Debt-to-Equity Ratio of Dnow was 0.14. The lowest was 0.04. And the median was 0.06.

DNOW's Debt-to-Equity is ranked better than
86.65% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs DNOW: 0.04

Dnow Debt-to-Equity Historical Data

The historical data trend for Dnow'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.

Dnow Debt-to-Equity Chart

Dnow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.05 0.05 0.04

Dnow Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.04 0.04 0.04 0.04

Competitive Comparison of Dnow's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Dnow'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.


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

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

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



Dnow Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dnow's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dnow's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Dnow  (NYSE:DNOW) 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.


Dnow Debt-to-Equity Related Terms

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


Dnow (DNOW) Business Description

Traded in Other Exchanges
Address
7402 North Eldridge Parkway, Houston, TX, USA, 77041
Dnow Inc is a company engaged in worldwide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. They offer a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.
Executives
Karen David-green director C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
David A Cherechinsky officer: Sr. Vice President and CFO 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Sonya Reed director 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Fanny R. Surratt officer: See Remarks NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Kelly T. Munson officer: See Remarks NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Richard J Alario director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Paul M Coppinger director
Rodney W Eads director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
J. Wayne Richards director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Galen Cobb director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Terry Bonno director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
James Crandell director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Daniel L Molinaro officer: Executive Vice President 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Mark B Johnson officer: See Remarks 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Raymond W Chang officer: VP and General Counsel 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041