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ODDITY Tech (ODDITY Tech) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is ODDITY Tech Debt-to-Equity?

ODDITY Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.6 Mil. ODDITY Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $13.3 Mil. ODDITY Tech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $329.6 Mil. ODDITY Tech's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

ODD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.14
Current: 0.05

During the past 4 years, the highest Debt-to-Equity Ratio of ODDITY Tech was 0.14. The lowest was 0.04. And the median was 0.06.

ODD's Debt-to-Equity is ranked better than
78.01% of 2224 companies
in the Software industry
Industry Median: 0.21 vs ODD: 0.05

ODDITY Tech Debt-to-Equity Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech Debt-to-Equity Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.11 0.06 0.14 0.04

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.11 0.07 0.05 0.04 0.05

Competitive Comparison of ODDITY Tech's Debt-to-Equity

For the Software - Infrastructure subindustry, ODDITY Tech'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.

ODDITY Tech's Debt-to-Equity Distribution in the Software Industry

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

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


ODDITY Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ODDITY Tech'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
=(3.802 + 8.712) / 283.107
=0.04

ODDITY Tech's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(3.603 + 13.255) / 329.637
=0.05

* 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.

ODDITY Tech  (NAS:ODD) 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.

ODDITY Tech Debt-to-Equity Related Terms

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

ODDITY Tech (ODDITY Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ODDITY Tech Ltd (NAS:ODD) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.