Digital Locations (Digital Locations) Debt-to-Equity : -0.10 (As of Dec. 2023)

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What is Digital Locations Debt-to-Equity?

Digital Locations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.29 Mil. Digital Locations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.60 Mil. Digital Locations's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-9.13 Mil. Digital Locations's debt to equity for the quarter that ended in Dec. 2023 was -0.10.

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

DLOC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.27 Med: -0.1 Max: -0.03
Current: -0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Digital Locations was -0.03. The lowest was -0.27. And the median was -0.10.

DLOC's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs DLOC: -0.10

Digital Locations Debt-to-Equity Historical Data

The historical data trend for Digital Locations'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.

Digital Locations Debt-to-Equity Chart

Digital Locations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.27

-0.16

-0.03

-0.07

-0.10

Digital Locations 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															-0.07	-0.09	-0.11	-0.09	-0.10

Competitive Comparison of Digital Locations's Debt-to-Equity

For the Engineering & Construction subindustry, Digital Locations'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.

Digital Locations's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Digital Locations's Debt-to-Equity distribution charts can be found below:

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

Digital Locations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Digital Locations'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
	=	(0.287	+	0.599)	/	-9.132
	=	-0.10

Digital Locations's Debt to Equity Ratio for the quarter 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
	=	(0.287	+	0.599)	/	-9.132
	=	-0.10

Digital Locations (OTCPK:DLOC) 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.

Digital Locations Debt-to-Equity Related Terms

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

Digital Locations (Digital Locations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Digital Locations Inc (OTCPK:DLOC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1117 State Street, Santa Barbara, CA, USA, 93101

Website

https://www.digitallocations.com

Digital Locations Inc is an early-stage aggregator, developer and acquirer of small cell sites and cell towers for 5G services. The company intend to develop a portfolio of sites to help meet the expected demand for rapidly growing 5G networks.

Executives

Richard Berliner	officer: Chief Executive Officer	C/O DIGITAL LOCATIONS, INC., 3700 STATE STREET, SUITE 350, SANTA BARBARA CA 93105
Rick Ellis	director	9450 SW GEMINI DR STE #63291, BEAVERTON OR 97708
Elton Byron	director	5511-C EKWILL STREET, SANTA BARBARA CA 93111
Christopher S Kelly	director, officer: true	5511-C EKWILL STREET, SANTA BARBARA CA 93111
Beifuss William E Jr	director, 10 percent owner, officer: Chairman, President, CEO & CFO	1205 PETERSEN AVENUE, SOLVANG CA 93463