Ghabbour Auto (Ghabbour Auto) Debt-to-Equity : 0.69 (As of Dec. 2023)

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What is Ghabbour Auto Debt-to-Equity?

Ghabbour Auto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $267.49 Mil. Ghabbour Auto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $175.44 Mil. Ghabbour Auto's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $641.80 Mil. Ghabbour Auto's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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 Ghabbour Auto's Debt-to-Equity or its related term are showing as below:

GBAXY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 2.77 Max: 3.66
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of Ghabbour Auto was 3.66. The lowest was 0.65. And the median was 2.77.

GBAXY's Debt-to-Equity is ranked worse than
62.28% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs GBAXY: 0.69

Ghabbour Auto Debt-to-Equity Historical Data

The historical data trend for Ghabbour Auto'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.

Ghabbour Auto Debt-to-Equity Chart

Ghabbour Auto Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.66

3.10

3.16

0.65

0.69

Ghabbour Auto Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.65	0.34	3.70	0.67	0.69

Competitive Comparison of Ghabbour Auto's Debt-to-Equity

For the Auto Manufacturers subindustry, Ghabbour Auto'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.

Ghabbour Auto's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghabbour Auto's Debt-to-Equity distribution charts can be found below:

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

Ghabbour Auto Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ghabbour Auto'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
	=	(267.494	+	175.441)	/	641.797
	=	0.69

Ghabbour Auto's Debt to Equity Ratio for the quarter 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
	=	(267.494	+	175.441)	/	641.797
	=	0.69

Ghabbour Auto (OTCPK:GBAXY) 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.

Ghabbour Auto Debt-to-Equity Related Terms

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Ghabbour Auto (Ghabbour Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ghabbour Auto (OTCPK:GBAXY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GBCO:Egypt

Address

Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY

Website

https://www.gb-corporation.com

GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.