EasTower Wireless (TSXV:ESTW.H) Debt-to-Equity : -0.89 (As of Sep. 2022)

View and export this data going back to 2022. Start your Free Trial

What is EasTower Wireless Debt-to-Equity?

EasTower Wireless's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$0.68 Mil. EasTower Wireless's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was C$2.68 Mil. EasTower Wireless's Total Stockholders Equity for the quarter that ended in Sep. 2022 was C$-3.78 Mil. EasTower Wireless's debt to equity for the quarter that ended in Sep. 2022 was -0.89.

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 EasTower Wireless's Debt-to-Equity or its related term are showing as below:

TSXV:ESTW.H's Debt-to-Equity is not ranked ^*
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

EasTower Wireless Debt-to-Equity Historical Data

The historical data trend for EasTower Wireless'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.

EasTower Wireless Debt-to-Equity Chart

EasTower Wireless Annual Data

Trend

Dec19

Dec20

Debt-to-Equity

-0.65

-0.89

EasTower Wireless Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Jan22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial			N/A	-0.97	-	-0.95	-0.89

Competitive Comparison of EasTower Wireless's Debt-to-Equity

For the Engineering & Construction subindustry, EasTower Wireless'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.

EasTower Wireless's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, EasTower Wireless's Debt-to-Equity distribution charts can be found below:

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

EasTower Wireless Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EasTower Wireless's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(3.708	+	1.573)	/	-5.929
	=	-0.89

EasTower Wireless's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(0.683	+	2.676)	/	-3.782
	=	-0.89

EasTower Wireless (TSXV:ESTW.H) 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.

EasTower Wireless Debt-to-Equity Related Terms

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

EasTower Wireless (TSXV:ESTW.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EasTower Wireless Inc (TSXV:ESTW.H) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 2800, Vancouver, BC, CAN, V6C 2Z7

Website

https://eastowerwireless.com

EasTower Wireless Inc is a U.S. provider of wireless communications infrastructure and related services.. The firm specializes in the construction, installation, upgrading, and maintenance of wireless infrastructure systems, including 5G, 4G and small cell deployments as well as first responder or FirstNet initiatives. The company's diverse, top-tier customer base includes telecom providers, global original equipment manufacturers (OEMs), corporations and federal government agencies. The company is currently operating in the State of Florida and is focusing on potential expansions in the Southeastern Sunbelt states of the US.

EasTower Wireless (TSXV:ESTW.H) Headlines

No Headlines