Express Kenya (NAI:XPRS) Debt-to-Equity : 0.52 (As of Dec. 2021)

View and export this data going back to . Start your Free Trial

What is Express Kenya Debt-to-Equity?

Express Kenya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was KES14.40 Mil. Express Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was KES269.45 Mil. Express Kenya's Total Stockholders Equity for the quarter that ended in Dec. 2021 was KES548.48 Mil. Express Kenya's debt to equity for the quarter that ended in Dec. 2021 was 0.52.

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 Express Kenya's Debt-to-Equity or its related term are showing as below:

NAI:XPRS's Debt-to-Equity is not ranked ^*
in the Transportation industry.
Industry Median: 0.55
* Ranked among companies with meaningful Debt-to-Equity only.

Express Kenya Debt-to-Equity Historical Data

The historical data trend for Express Kenya'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.

Express Kenya Debt-to-Equity Chart

Express Kenya Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

Get a 7-Day Free Trial

-3.68

-2.38

9.75

0.47

0.52

Express Kenya Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Debt-to-Equity	Get a 7-Day Free Trial						-3.68	-2.38	9.75	0.47	0.52

Competitive Comparison of Express Kenya's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Express Kenya'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.

Express Kenya's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Express Kenya's Debt-to-Equity distribution charts can be found below:

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

Express Kenya Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Express Kenya's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(14.398	+	269.448)	/	548.484
	=	0.52

Express Kenya's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(14.398	+	269.448)	/	548.484
	=	0.52

Express Kenya (NAI:XPRS) 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.

Express Kenya Debt-to-Equity Related Terms

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

Express Kenya (NAI:XPRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Express Kenya PLC (NAI:XPRS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100

Website

http://www.expresskenya.co.ke

Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as logistics services. It operates through the following segments: Clearing and Forwarding, Warehousing, and Real Estate. The Clearing and Forwarding segment includes the distribution of products to various parts of the country. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties.

Express Kenya (NAI:XPRS) Headlines

No Headlines