East Pipes Integrated Co for Industry (SAU:1321) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is East Pipes Integrated Co for Industry Debt-to-Equity?

East Pipes Integrated Co for Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼190 Mil. East Pipes Integrated Co for Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼105 Mil. East Pipes Integrated Co for Industry's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼852 Mil. East Pipes Integrated Co for Industry's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 Pipes Integrated Co for Industry's Debt-to-Equity or its related term are showing as below:

SAU:1321' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.38 Max: 0.57
Current: 0.35

During the past 4 years, the highest Debt-to-Equity Ratio of East Pipes Integrated Co for Industry was 0.57. The lowest was 0.31. And the median was 0.38.

SAU:1321's Debt-to-Equity is ranked better than
57.14% of 553 companies
in the Steel industry
Industry Median: 0.43 vs SAU:1321: 0.35

East Pipes Integrated Co for Industry Debt-to-Equity Historical Data

The historical data trend for East Pipes Integrated Co for Industry'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.

East Pipes Integrated Co for Industry Debt-to-Equity Chart

East Pipes Integrated Co for Industry Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.31

0.57

0.42

0.35

East Pipes Integrated Co for Industry Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.42	0.50	0.57	1.09	0.35

Competitive Comparison of East Pipes Integrated Co for Industry's Debt-to-Equity

For the Steel subindustry, East Pipes Integrated Co for Industry'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 Pipes Integrated Co for Industry's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, East Pipes Integrated Co for Industry's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where East Pipes Integrated Co for Industry's Debt-to-Equity falls into.

East Pipes Integrated Co for Industry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

East Pipes Integrated Co for Industry's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(189.981	+	105.067)	/	851.913
	=	0.35

East Pipes Integrated Co for Industry's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(189.981	+	105.067)	/	851.913
	=	0.35

East Pipes Integrated Co for Industry (SAU:1321) 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 Pipes Integrated Co for Industry Debt-to-Equity Related Terms

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East Pipes Integrated Co for Industry (SAU:1321) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » East Pipes Integrated Co for Industry (SAU:1321) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU

Website

https://www.eastpipes.com

East Pipes Integrated Co for Industry is engaged in the manufacturing of Helical Submerged Arc Welded (HSAW) pipes. It produces pipes that transport Water, Oil, and Gas, according to a wide range of diameters of spiral pipes. The firm provides coating services on pipes provided by the customers and generates revenue from the same. The business operating assets of the firm are located in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry (SAU:1321) Headlines

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