Great Eastern Holdings (Great Eastern Holdings) Debt-to-Equity : 0.01 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Great Eastern Holdings Debt-to-Equity?

Great Eastern Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Great Eastern Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $39 Mil. Great Eastern Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,920 Mil. Great Eastern Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Great Eastern Holdings's Debt-to-Equity or its related term are showing as below:

GEHDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.08
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Great Eastern Holdings was 0.08. The lowest was 0.01. And the median was 0.05.

GEHDF's Debt-to-Equity is ranked better than
99.74% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs GEHDF: 0.01

Great Eastern Holdings Debt-to-Equity Historical Data

The historical data trend for Great Eastern Holdings'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.

Great Eastern Holdings Debt-to-Equity Chart

Great Eastern Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.05

0.01

Great Eastern Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	0.01	-	0.01

Competitive Comparison of Great Eastern Holdings's Debt-to-Equity

For the Insurance - Life subindustry, Great Eastern Holdings'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.

Great Eastern Holdings's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Great Eastern Holdings's Debt-to-Equity distribution charts can be found below:

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

Great Eastern Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great Eastern Holdings'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	+	38.661)	/	5919.601
	=	0.01

Great Eastern Holdings'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	+	38.661)	/	5919.601
	=	0.01

Great Eastern Holdings (OTCPK:GEHDF) 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.

Great Eastern Holdings Debt-to-Equity Related Terms

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

Great Eastern Holdings (Great Eastern Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great Eastern Holdings Ltd (OTCPK:GEHDF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

G07:Singapore

Address

1 Pickering Street, No. 16-01, Great Eastern Centre, Singapore, SGP, 048659

Website

https://www.greateasternlife.com

Great Eastern Holdings Ltd sells insurance products and provides investment management services. The company's products and services are organized into three categories: Life Insurance, Non-life Insurance, and shareholders. The life assurance products include life insurance, long-term health and accident insurance, and annuities. The non-life insurance products include property and casualty, and medical and personal accident. The shareholder's category offers multiple financial services, which include fund management and financial advisory. Majority of the revenue comes from Singapore.

Great Eastern Holdings (Great Eastern Holdings) Headlines

No Headlines