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Societe d'Equipements Domestiques et Menagers Credit EQDOM's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MAD0 Mil. Societe d'Equipements Domestiques et Menagers Credit EQDOM's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MAD4,251 Mil. Societe d'Equipements Domestiques et Menagers Credit EQDOM's Total Stockholders Equity for the quarter that ended in Jun. 2024 was MAD1,454 Mil. Societe d'Equipements Domestiques et Menagers Credit EQDOM's debt to equity for the quarter that ended in Jun. 2024 was 2.92.
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 Societe d'Equipements Domestiques et Menagers Credit EQDOM's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Societe d'Equipements Domestiques et Menagers Credit EQDOM was 4.05. The lowest was 2.31. And the median was 3.61.
The historical data trend for Societe d'Equipements Domestiques et Menagers Credit EQDOM'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.
Societe d'Equipements Domestiques et Menagers Credit EQDOM Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 3.75 | 3.60 | N/A | 2.79 | 3.52 |
Societe d'Equipements Domestiques et Menagers Credit EQDOM Semi-Annual Data | ||||||||||||||||||||
Dec14 | Jun15 | Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 3.86 | 2.79 | 3.52 | 3.52 | 2.92 |
For the Credit Services subindustry, Societe d'Equipements Domestiques et Menagers Credit EQDOM'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.
For the Credit Services industry and Financial Services sector, Societe d'Equipements Domestiques et Menagers Credit EQDOM's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Societe d'Equipements Domestiques et Menagers Credit EQDOM's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Societe d'Equipements Domestiques et Menagers Credit EQDOM's Debt to Equity Ratio for the fiscal year that ended in Dec. 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 | |
= | (0 | + | 5217.265) | / | 1484.344 | |
= | 3.51 |
Societe d'Equipements Domestiques et Menagers Credit EQDOM's Debt to Equity Ratio for the quarter that ended in Jun. 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 | |
= | (0 | + | 4251.195) | / | 1454.189 | |
= | 2.92 |
* 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.
Societe d'Equipements Domestiques et Menagers Credit EQDOM (CAS:EQD) 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.
Thank you for viewing the detailed overview of Societe d'Equipements Domestiques et Menagers Credit EQDOM's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
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