EACO (EACO) Debt-to-Equity

: 0.08 (As of Feb. 2024)

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EACO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $2.4 Mil. EACO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $6.9 Mil. EACO's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $115.9 Mil. EACO's debt to equity for the quarter that ended in Feb. 2024 was 0.08.

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

EACO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.21 Max: 0.52
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of EACO was 0.52. The lowest was 0.05. And the median was 0.21.

EACO's Debt-to-Equity is ranked better than
76.81% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs EACO: 0.08

EACO Debt-to-Equity Historical Data

The historical data trend for EACO'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.

EACO Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

0.24

0.44

0.24

0.17

0.14

EACO Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity																0.16	0.15	0.14	0.11	0.08

Competitive Comparison

For the Electronics & Computer Distribution subindustry, EACO'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.

EACO Debt-to-Equity Distribution

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

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

EACO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EACO's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(4.07	+	10.573)	/	108.721
	=	0.13

EACO's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(2.365	+	6.911)	/	115.874
	=	0.08

EACO (OTCPK:EACO) 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.

EACO Debt-to-Equity Related Terms

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

EACO (EACO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EACO Corp (OTCPK:EACO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5065 East Hunter Avenue, Anaheim, CA, USA, 92807

Website

https://www.eacocorp.com

EACO Corp is a holding company. The company, through its subsidiary, distributes electronic components and fasteners. Its products include electronic components such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as a large variety of fasteners and hardware. It also provides customized services and solutions for a wide range of production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, and integrated supply programs. It operates through three divisions, Bisco Industries, National-Precision, and Fast-Cor.

Executives

Glen Ceiley	director, 10 percent owner, officer: CEO and Chairman	5065 E. HUNTER AVE., ANAHEIM CA 92807
Ellen S Bancroft	director	C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Michael Narikawa	officer: Controller	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Stephen Catanzaro	director	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Glen F. Ceiley & Barbara A. Ceiley Rovocable Trust	10 percent owner	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Zachary Ceiley	officer: VP of Sales and Marketing	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Robert L. Rist	officer: VP of Sales and MKTG of Bisco	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Michael Bains	officer: Controller	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Donald S. Wagner	officer: Executive VP and COO of Bisco	1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Eaco Corp	officer: President/COO	5065 E HUNTER AVE, ANAHEIM CA 92807
William Means	director
Jay Conzen	director
Bisco Industries Inc	10 percent owner, officer: CEO	1500 N. LAKEVIEW AVE., ANAHEIM CA 92807

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