Egyptian for Tourism Resorts (CAI:EGTS) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Egyptian for Tourism Resorts Debt-to-Equity?

Egyptian for Tourism Resorts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was E£0.0 Mil. Egyptian for Tourism Resorts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was E£0.0 Mil. Egyptian for Tourism Resorts's Total Stockholders Equity for the quarter that ended in Dec. 2023 was E£0.0 Mil.

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 Egyptian for Tourism Resorts's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Egyptian for Tourism Resorts was 0.02. The lowest was 0.02. And the median was 0.02.

CAI:EGTS's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Egyptian for Tourism Resorts Debt-to-Equity Historical Data

The historical data trend for Egyptian for Tourism Resorts'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.

Egyptian for Tourism Resorts Debt-to-Equity Chart

Egyptian for Tourism Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Egyptian for Tourism Resorts Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	N/A

Competitive Comparison of Egyptian for Tourism Resorts's Debt-to-Equity

For the Resorts & Casinos subindustry, Egyptian for Tourism Resorts'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.

Egyptian for Tourism Resorts's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Egyptian for Tourism Resorts's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Egyptian for Tourism Resorts's Debt-to-Equity falls into.

Egyptian for Tourism Resorts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Egyptian for Tourism Resorts'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
	=	(0	+	0)	/	N/A
	=	N/A

Egyptian for Tourism Resorts'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
	=	(0	+	0)	/	0
	=	N/A

Egyptian for Tourism Resorts (CAI:EGTS) 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.

Egyptian for Tourism Resorts Debt-to-Equity Related Terms

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Egyptian for Tourism Resorts (CAI:EGTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Egyptian for Tourism Resorts (CAI:EGTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4A Aziz Abaza Street, Zamalek, Cairo, EGY

Website

http://www.erc-egypt.com

Egyptian for Tourism Resorts is an Egypt-based company that operates in the tourism and hospitality sectors. The company is engaged in the construction and management of integrated touristic and residential projects in Sahl Hasheesh area, Red Sea province. The company's projects include Sahl Hasheesh project, which is located 18 kilometers south of Hurghada International Airport and it consists of hotels and apartments, and the Sawari Marina project. It also focuses on the sale of pre-planned land plots to sub-developers; the provision of municipal services; the sale of electricity, water and irrigation, among others, and development and operation of specific strategic attractions, such as a downtown core, a marina or other key assets.

Egyptian for Tourism Resorts (CAI:EGTS) Headlines

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