Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Debt-to-Equity : 0.00 (As of May. 2024)

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What is Cairo For Investment And Real Estate Developments CIRA Education Debt-to-Equity?

Cairo For Investment And Real Estate Developments CIRA Education's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was E£2 Mil. Cairo For Investment And Real Estate Developments CIRA Education's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was E£0 Mil. Cairo For Investment And Real Estate Developments CIRA Education's Total Stockholders Equity for the quarter that ended in May. 2024 was E£1,625 Mil. Cairo For Investment And Real Estate Developments CIRA Education's debt to equity for the quarter that ended in May. 2024 was 0.00.

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 Cairo For Investment And Real Estate Developments CIRA Education's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of Cairo For Investment And Real Estate Developments CIRA Education was 1.62. The lowest was 0.00. And the median was 0.55.

CAI:CIRA's Debt-to-Equity is not ranked ^*
in the Education industry.
Industry Median: 0.31
* Ranked among companies with meaningful Debt-to-Equity only.

Cairo For Investment And Real Estate Developments CIRA Education Debt-to-Equity Historical Data

The historical data trend for Cairo For Investment And Real Estate Developments CIRA Education'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.

Cairo For Investment And Real Estate Developments CIRA Education Debt-to-Equity Chart

Cairo For Investment And Real Estate Developments CIRA Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.11

0.58

1.17

1.51

1.40

Cairo For Investment And Real Estate Developments CIRA Education Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Debt-to-Equity	Get a 7-Day Free Trial															-	1.40	-	-	-

Competitive Comparison of Cairo For Investment And Real Estate Developments CIRA Education's Debt-to-Equity

For the Education & Training Services subindustry, Cairo For Investment And Real Estate Developments CIRA Education'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.

Cairo For Investment And Real Estate Developments CIRA Education's Debt-to-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cairo For Investment And Real Estate Developments CIRA Education's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cairo For Investment And Real Estate Developments CIRA Education's Debt-to-Equity falls into.

Cairo For Investment And Real Estate Developments CIRA Education Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cairo For Investment And Real Estate Developments CIRA Education'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
	=	(627.208	+	1286.392)	/	1367.288
	=	1.40

Cairo For Investment And Real Estate Developments CIRA Education's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(1.54	+	0)	/	1625.314
	=	0.00

Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) 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.

Cairo For Investment And Real Estate Developments CIRA Education Debt-to-Equity Related Terms

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Cairo For Investment And Real Estate Developments CIRA Education Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Sheikh Ahmed El Sawy Street, Nasr City, Cairo, EGY

Website

https://cira.com.eg

Cairo For Investment And Real Estate Developments CIRA Education is an Egypt-based provider of educational services in the private sector. The company engaged in two reportable segments which include the School segment, and the Higher Education segment. The majority of revenue derives from the Higher Education segment.

Cairo For Investment And Real Estate Developments CIRA Education Headlines

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