Esterad Investment Co BSC (BAH:ESTERAD) Debt-to-Equity : 1.69 (As of Mar. 2024)

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What is Esterad Investment Co BSC Debt-to-Equity?

Esterad Investment Co BSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD5.25 Mil. Esterad Investment Co BSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD59.95 Mil. Esterad Investment Co BSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BHD38.57 Mil. Esterad Investment Co BSC's debt to equity for the quarter that ended in Mar. 2024 was 1.69.

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 Esterad Investment Co BSC's Debt-to-Equity or its related term are showing as below:

BAH:ESTERAD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.26 Max: 1.69
Current: 1.69

During the past 13 years, the highest Debt-to-Equity Ratio of Esterad Investment Co BSC was 1.69. The lowest was 0.16. And the median was 0.26.

BAH:ESTERAD's Debt-to-Equity is ranked worse than
93.59% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs BAH:ESTERAD: 1.69

Esterad Investment Co BSC Debt-to-Equity Historical Data

The historical data trend for Esterad Investment Co BSC'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.

Esterad Investment Co BSC Debt-to-Equity Chart

Esterad Investment Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.24

0.17

0.26

0.27

0.29

Esterad Investment Co BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.26	0.31	0.29	1.69

Competitive Comparison of Esterad Investment Co BSC's Debt-to-Equity

For the Asset Management subindustry, Esterad Investment Co BSC'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.

Esterad Investment Co BSC's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Esterad Investment Co BSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Esterad Investment Co BSC's Debt-to-Equity falls into.

Esterad Investment Co BSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Esterad Investment Co BSC'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
	=	(5.253	+	6.464)	/	40.199
	=	0.29

Esterad Investment Co BSC'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
	=	(5.253	+	59.947)	/	38.566
	=	1.69

Esterad Investment Co BSC (BAH:ESTERAD) 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.

Esterad Investment Co BSC Debt-to-Equity Related Terms

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

Esterad Investment Co BSC (BAH:ESTERAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Esterad Investment Co BSC (BAH:ESTERAD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

GBCORP Tower, 3rd Floor, P.O. Box 1080, Manama, BHR

Website

https://www.esterad.net

Esterad Investment Co BSC is a Bahrain company operating in the financial sector. The principal activity of the company is to invest in public and private equities, fixed income, real estate, and other asset classes in both local and international markets. It owns four key portfolio investment models including a strategic equity portfolio, fixed income portfolio, properties & income-producing assets, and a trading portfolio. The company generates the majority of its revenue from Investment income.

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