Datatec (Datatec) Debt-to-Equity : 1.54 (As of Aug. 2023)

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What is Datatec Debt-to-Equity?

Datatec's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $633 Mil. Datatec's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $99 Mil. Datatec's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $476 Mil. Datatec's debt to equity for the quarter that ended in Aug. 2023 was 1.54.

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

DTTLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.78 Max: 1.54
Current: 1.54

During the past 13 years, the highest Debt-to-Equity Ratio of Datatec was 1.54. The lowest was 0.36. And the median was 0.78.

DTTLY's Debt-to-Equity is ranked worse than
90.74% of 2225 companies
in the Software industry
Industry Median: 0.21 vs DTTLY: 1.54

Datatec Debt-to-Equity Historical Data

The historical data trend for Datatec'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.

Datatec Debt-to-Equity Chart

Datatec Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-Equity

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0.69

0.85

0.94

1.04

1.47

Datatec Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial															1.11	1.04	1.19	1.47	1.54

Competitive Comparison of Datatec's Debt-to-Equity

For the Information Technology Services subindustry, Datatec'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.

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

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

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

Datatec Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Datatec's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(604.229	+	87.036)	/	472.009
	=	1.46

Datatec's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(632.842	+	98.985)	/	476.431
	=	1.54

Datatec (OTCPK:DTTLY) 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.

Datatec Debt-to-Equity Related Terms

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Datatec (Datatec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datatec Ltd (OTCPK:DTTLY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DTC:South Africa DTT:Germany

Address

81 Maude Street, 3rd Floor, Sandown Chambers, Sandown Village Office Park, Sandown, Johannesburg, GT, ZAF, 2196

Website

https://www.datatec.co.za

Datatec Ltd is an international information and communications technology solutions company. The company's portfolio of businesses is split into three core divisions: Westcon International: Technology distribution of security and networking products, Logicalis International: ICT infrastructure solutions and services and Logicalis Latin America: ICT infrastructure solutions and services. Technology distribution, which offers services related to cyber security and network infrastructure, contributes the majority of the firm's revenue.

Datatec (Datatec) Headlines

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