Electro Cable Egypt (CAI:ELEC) Debt-to-Equity: 1.16 (As of Jun. 2023)

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CAI:ELEC Electro Cable Egypt CAI:ELEC
8 GF Score
Price E£2.06
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What is Electro Cable Egypt Debt-to-Equity?

Electro Cable Egypt CAI:ELEC -0.96% 8 Debt-to-Equity is 1.16 as of Jun. 2023. GuruFocus rates CAI:ELEC with a GF Score™ of 8/100.

Electro Cable Egypt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was E£929 Mil. Electro Cable Egypt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was E£241 Mil. Electro Cable Egypt's Total Stockholders Equity for the quarter that ended in Jun. 2023 was E£1,011 Mil. Electro Cable Egypt's debt to equity for the quarter that ended in Jun. 2023 was 1.16.

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 Electro Cable Egypt's Debt-to-Equity or its related term are showing as below:

CAI:ELEC's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Electro Cable Egypt  (CAI:ELEC) 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.

Electro Cable Egypt Debt-to-Equity Related Terms

Electro Cable Egypt Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Electro Cable Egypt'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.

Electro Cable Egypt Debt-to-Equity Chart

Electro Cable Egypt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
0.00 0.00 0.00 0.00 0.00

Electro Cable Egypt Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23
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 N/A N/A 0.06 1.03 1.16

Electro Cable Egypt Debt-to-Equity Competitor Comparison

For the Electrical Equipment & Parts subindustry, Electro Cable Egypt'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.

Electro Cable Egypt Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electro Cable Egypt's Debt-to-Equity distribution charts can be found below:

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


CAI:ELEC
8GF Score
Electro Cable Egypt CAI:ELEC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Electro Cable Egypt Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Electro Cable Egypt's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
=(0.148 + 0.191) / 1076.525
=0.00

Electro Cable Egypt's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(929.326 + 241.232) / 1011.331
=1.16

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.16 mean?
Electro Cable Egypt (CAI:ELEC) has a Debt-to-Equity of 1.16 as of Jun. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's Debt-to-Equity too high?
Electro Cable Egypt's current Debt-to-Equity is 1.16. The Industrial Products industry median Debt-to-Equity is 0.29. Electro Cable Egypt's value of 1.16 is 300% above this industry median. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's Debt-to-Equity compare to competitors?
Electro Cable Egypt's Debt-to-Equity of 1.16 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.29. Electro Cable Egypt's value of 1.16 is 300% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,690 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electro Cable Egypt's current Debt-to-Equity of 1.16 is 300% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Electro Cable Egypt and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electro Cable Egypt's current Debt-to-Equity is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current Debt-to-Equity of 1.16. The current Debt-to-Equity is 1.16 and 300% above the Industrial Products industry median of 0.29. Electro Cable Egypt's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Electro Cable Egypt (CAI:ELEC), the current Debt-to-Equity is 1.16 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Electro Cable Egypt Business Description

Address Ismaellia Canal Road, Km 4.6,6 th October Road, Mostorod Industrial Zone, Qualubia Governorate, Cairo, EGY
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
8GF Score

Get the complete analysis for CAI:ELEC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

E£2.06
Price