ERESW (East Resources Acquisition Co) Debt-to-Equity: 0.56 (As of Mar. 2023) — 5500% Above Median

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ERESW East Resources Acquisition Co ERESW
21 GF Score
Price $0.28
! 2 Warning Signs
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What is East Resources Acquisition Co Debt-to-Equity?

East Resources Acquisition Co ERESW +3.61% 21 Debt-to-Equity is 0.56 as of Mar. 2023, which is 5500% above its 10-year median of 0.01. GuruFocus rates ERESW with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

East Resources Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $5.49 Mil. East Resources Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. East Resources Acquisition Co's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $9.82 Mil. East Resources Acquisition Co's debt to equity for the quarter that ended in Mar. 2023 was 0.56.

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 East Resources Acquisition Co's Debt-to-Equity or its related term are showing as below:

ERESW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.56
Current: 0.56

During the past 3 years, the highest Debt-to-Equity Ratio of East Resources Acquisition Co was 0.56. The lowest was 0.01. And the median was 0.01.

ERESW's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs ERESW: 0.56

East Resources Acquisition Co  (NAS:ERESW) 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.


East Resources Acquisition Co Debt-to-Equity Related Terms


East Resources Acquisition Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for East Resources Acquisition Co'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.

East Resources Acquisition Co Debt-to-Equity Chart

East Resources Acquisition Co Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
0.00 0.01 0.06

East Resources Acquisition Co Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.07 0.06 0.56

ERESW vs PSPC, IVCB, CNDB: Debt-to-Equity Comparison

For the Shell Companies subindustry, East Resources Acquisition Co'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.


East Resources Acquisition Co Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, East Resources Acquisition Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where East Resources Acquisition Co's Debt-to-Equity falls into.


ERESW
21GF Score
East Resources Acquisition Co ERESW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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East Resources Acquisition Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

East Resources Acquisition Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

East Resources Acquisition Co's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.56 mean?
East Resources Acquisition Co (ERESW) has a Debt-to-Equity of 0.56 as of Mar. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on East Resources Acquisition Co and its competitors. This is 5500% above median its historical median of 0.01. Over the past decade, East Resources Acquisition Co's Debt-to-Equity has ranged from 0.01 to 0.56.
Is East Resources Acquisition Co's Debt-to-Equity too high?
East Resources Acquisition Co's current Debt-to-Equity of 0.56 is 5500% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.56. The Diversified Financial Services industry median Debt-to-Equity is 0.18. East Resources Acquisition Co's value of 0.56 is 211.1% above this industry median. Overall, East Resources Acquisition Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does East Resources Acquisition Co's Debt-to-Equity compare to PSPC and IVCB?
East Resources Acquisition Co's Debt-to-Equity of 0.56 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. East Resources Acquisition Co's value of 0.56 is 211.1% above this benchmark. Historically, East Resources Acquisition Co's own Debt-to-Equity has ranged from 0.01 to 0.56 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.18, East Resources Acquisition Co has consistently been above the industry average. 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 a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 171 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. East Resources Acquisition Co's current Debt-to-Equity of 0.56 is 211.1% 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 East Resources Acquisition Co and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East Resources Acquisition Co's current Debt-to-Equity is 0.56, which is 5500% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East Resources Acquisition Co stock overvalued right now?
East Resources Acquisition Co (ERESW) has a current Debt-to-Equity of 0.56. The current Debt-to-Equity is 0.56, which is 5500% above median its 10-year median of 0.01 and 211.1% above the Diversified Financial Services industry median of 0.18. East Resources Acquisition Co's overall GF Score™ is 21/100 with 2 warning signs to review. 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 East Resources Acquisition Co (ERESW), the current Debt-to-Equity is 0.56 as of Mar. 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.

East Resources Acquisition Co Business Description

Address 7777 NW Beacon Square Boulevard, Boca Raton, FL, USA, 33487
East Resources Acquisition Co is a blank check company.
21GF Score

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