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Eastern CoE (CAI:EAST) Debt-to-Equity : 0.06 (As of Jun. 2024)


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What is Eastern CoE Debt-to-Equity?

Eastern CoE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was E£971 Mil. Eastern CoE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was E£0 Mil. Eastern CoE's Total Stockholders Equity for the quarter that ended in Jun. 2024 was E£16,169 Mil. Eastern CoE's debt to equity for the quarter that ended in Jun. 2024 was 0.06.

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

CAI:EAST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.12
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Eastern CoE was 0.12. The lowest was 0.01. And the median was 0.07.

CAI:EAST's Debt-to-Equity is ranked better than
85% of 40 companies
in the Tobacco Products industry
Industry Median: 0.3 vs CAI:EAST: 0.06

Eastern CoE Debt-to-Equity Historical Data

The historical data trend for Eastern CoE'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.

Eastern CoE Debt-to-Equity Chart

Eastern CoE Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.10 0.02 0.06

Eastern CoE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.02 - - 0.06

Competitive Comparison of Eastern CoE's Debt-to-Equity

For the Tobacco subindustry, Eastern CoE'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.


Eastern CoE's Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Eastern CoE's Debt-to-Equity distribution charts can be found below:

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



Eastern CoE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Eastern CoE's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Eastern CoE's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Eastern CoE  (CAI:EAST) 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.


Eastern CoE Debt-to-Equity Related Terms

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


Eastern CoE Business Description

Traded in Other Exchanges
N/A
Address
Al Ahram Street, Giza, EGY, 450
Eastern Co SAE is engaged in the manufacturing and trading of Tobacco leaf, its products, and modern smoking alternatives and accessories/ practicing any investment, financial, commercial, industrial, agricultural, or service activities. Its local cigarette brands include Cleopatra, Mondial, and Lite. Its export cigarette brands include Belmont, Delta, President, and Golden West.