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Digi International - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Telcos & Hi-Tech | USA | September 21, 2022
$2.99
Excel Sheet

Digi International's net debt stood at USD 260 mil and accounted for 54.9% of equity at the end of 2021. The ratio is up 61.6 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 54.9% in 2021 and a low of -45.1% in 2016 between 2011 and 2021. The average for the last five years was 4.56%.

Net debt to EBITDA was calculated at 6.24x at the end of the year.

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That is up from -6.60x seen in 2016. The ratio reached a high of 6.24x in 2021 and a low of -13.6x in 2014.

The company’s cost of funding amounted to 3.55% in 2021, up which is above the 5-year of 2.76%. Funding costs have “eaten” some 40.7% of the operating profit generated in 2019.

You can see all the company’s data at Digi International profile, or you can download a report on the company in the report section.