DDR 0.56% $8.90 dicker data limited

Debt/Equity

  1. 581 Posts.
    lightbulb Created with Sketch. 16
    Like this stock and thinking of entering, but can't quite come to grips with D/E of around 170%, which seems very high.
    I realise it is related to the inventory/stock they hold and underlying D/E would be a lot lower.
    My questions are - do they own the stock in the warehouse or is it on a commission basis?
    In the event of a downturn in the economy, loss of major supplier contract, or adverse currency move, would DDR suffer greatly?
    I am encouraged with the apparent knowledge by posters on this site.
    Thanks in advance
    Riv
 
watchlist Created with Sketch. Add DDR (ASX) to my watchlist
(20min delay)
Last
$8.90
Change
-0.050(0.56%)
Mkt cap ! $1.606B
Open High Low Value Volume
$8.95 $9.05 $8.90 $3.282M 366.1K

Buyers (Bids)

No. Vol. Price($)
6 5343 $8.90
 

Sellers (Offers)

Price($) Vol. No.
$9.00 129732 6
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
DDR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.