Equity Group Holdings (NAI:EQTY) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Equity Group Holdings Debt-to-Equity?

Equity Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES0 Mil. Equity Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES126,913 Mil. Equity Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KES207,793 Mil. Equity Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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 Equity Group Holdings's Debt-to-Equity or its related term are showing as below:

NAI:EQTY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.59 Max: 0.95
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Equity Group Holdings was 0.95. The lowest was 0.47. And the median was 0.59.

NAI:EQTY's Debt-to-Equity is ranked better than
52.79% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs NAI:EQTY: 0.61

Equity Group Holdings Debt-to-Equity Historical Data

The historical data trend for Equity Group Holdings'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.

Equity Group Holdings Debt-to-Equity Chart

Equity Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.58

0.79

0.81

0.95

0.61

Equity Group Holdings 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															0.95	0.62	0.84	0.66	0.61

Competitive Comparison of Equity Group Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Equity Group Holdings'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.

Equity Group Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Equity Group Holdings's Debt-to-Equity distribution charts can be found below:

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

Equity Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Equity Group Holdings'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	+	126913.477)	/	207792.679
	=	0.61

Equity Group Holdings'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	+	126913.477)	/	207792.679
	=	0.61

Equity Group Holdings (NAI:EQTY) 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.

Equity Group Holdings Debt-to-Equity Related Terms

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

Equity Group Holdings (NAI:EQTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Equity Group Holdings Ltd (NAI:EQTY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200

Website

https://www.equitygroupholdings.com

Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings (NAI:EQTY) Headlines

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