El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Debt-to-Equity : 0.61 (As of Mar. 2023)

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What is El Ezz Dekheila Steel - Alexandria Debt-to-Equity?

El Ezz Dekheila Steel - Alexandria's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was E£4,079 Mil. El Ezz Dekheila Steel - Alexandria's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was E£0 Mil. El Ezz Dekheila Steel - Alexandria's Total Stockholders Equity for the quarter that ended in Mar. 2023 was E£6,715 Mil. El Ezz Dekheila Steel - Alexandria's debt to equity for the quarter that ended in Mar. 2023 was 0.61.

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 El Ezz Dekheila Steel - Alexandria's Debt-to-Equity or its related term are showing as below:

CAI:IRAX's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

El Ezz Dekheila Steel - Alexandria Debt-to-Equity Historical Data

The historical data trend for El Ezz Dekheila Steel - Alexandria'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.

El Ezz Dekheila Steel - Alexandria Debt-to-Equity Chart

El Ezz Dekheila Steel - Alexandria Annual Data

Trend

Dec11

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.32

-0.62

-1.99

0.51

0.38

El Ezz Dekheila Steel - Alexandria Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.37	0.32	0.38	0.61

Competitive Comparison of El Ezz Dekheila Steel - Alexandria's Debt-to-Equity

For the Steel subindustry, El Ezz Dekheila Steel - Alexandria'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.

El Ezz Dekheila Steel - Alexandria's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, El Ezz Dekheila Steel - Alexandria's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where El Ezz Dekheila Steel - Alexandria's Debt-to-Equity falls into.

El Ezz Dekheila Steel - Alexandria Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

El Ezz Dekheila Steel - Alexandria's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3384.561	+	0)	/	9003.376
	=	0.38

El Ezz Dekheila Steel - Alexandria's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(4079.405	+	0)	/	6714.884
	=	0.61

El Ezz Dekheila Steel - Alexandria (CAI:IRAX) 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.

El Ezz Dekheila Steel - Alexandria Debt-to-Equity Related Terms

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El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » El Ezz Dekheila Steel - Alexandria (CAI:IRAX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Shehab Street, Mohandessin, Cairo, EGY

Website

http://www.ezzsteel.com

El Ezz Dekheila Steel - Alexandria is a producer of long and flat steel for use in a wide range of end applications. The company focuses on manufacturing a wide variety of sizes and grades of steel products such as rebar, wire rod, welded wire mesh, hot rolled coil to serve the end applications.

El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Headlines

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