Eastgroup Properties Stock Debt To Equity

EGP Stock

USD 172.21 1.63 0.94%

EastGroup Properties fundamentals help investors to digest information that contributes to EastGroup Properties' financial success or failures. It also enables traders to predict the movement of EastGroup Stock. The fundamental analysis module provides a way to measure EastGroup Properties' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EastGroup Properties stock.

		Last Reported	Projected for Next Year
	Debt To Equity	0.58	0.81

As of 11/30/2024, Debt To Equity is likely to grow to 0.81.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

EastGroup Properties Company Debt To Equity Analysis

EastGroup Properties' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current EastGroup Properties Debt To Equity

0.86 %

Most of EastGroup Properties' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EastGroup Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EastGroup Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for EastGroup Properties is extremely important. It helps to project a fair market value of EastGroup Stock properly, considering its historical fundamentals such as Debt To Equity. Since EastGroup Properties' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EastGroup Properties' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EastGroup Properties' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Short Term Investments	Total Current Assets	Common Stock	Short Term Debt	Accounts Payable	Long Term Debt	Good Will	Intangible Assets	Net Tangible Assets	Net Receivables	Long Term Debt Total	Capital Surpluse	Long Term Investments	Property Plant Equipment	Current Deferred Revenue	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.95	-0.71	0.96	0.8	0.88	-0.48	-0.37	0.2	0.77	-0.68	0.78	0.97	0.85	0.84	0.98	0.54	0.98	0.53	0.92	0.34	0.89	-0.39	0.68
Total Stockholder Equity	0.98		0.87	-0.6	0.9	0.87	0.89	-0.35	-0.41	0.19	0.67	-0.76	0.7	0.99	0.84	0.82	0.99	0.47	0.99	0.44	0.91	0.27	0.91	-0.34	0.76
Net Debt	0.95	0.87		-0.85	1.0	0.6	0.79	-0.69	-0.25	0.19	0.87	-0.48	0.85	0.85	0.8	0.81	0.87	0.6	0.86	0.65	0.84	0.45	0.78	-0.47	0.47
Retained Earnings	-0.71	-0.6	-0.85		-0.83	-0.37	-0.57	0.91	0.18	-0.13	-0.76	0.27	-0.75	-0.53	-0.52	-0.57	-0.57	-0.62	-0.55	-0.83	-0.61	-0.17	-0.43	0.17	-0.3
Total Liab	0.96	0.9	1.0	-0.83		0.64	0.8	-0.66	-0.28	0.2	0.86	-0.52	0.85	0.88	0.81	0.82	0.9	0.6	0.89	0.64	0.86	0.43	0.8	-0.46	0.51
Short Term Investments	0.8	0.87	0.6	-0.37	0.64		0.8	-0.13	-0.41	0.15	0.45	-0.81	0.47	0.86	0.72	0.74	0.84	0.19	0.86	0.22	0.78	0.05	0.84	-0.14	0.97
Total Current Assets	0.88	0.89	0.79	-0.57	0.8	0.8		-0.37	-0.29	0.15	0.57	-0.76	0.53	0.85	0.73	0.71	0.86	0.44	0.87	0.38	0.78	0.07	0.78	-0.15	0.75
Common Stock	-0.48	-0.35	-0.69	0.91	-0.66	-0.13	-0.37		-0.2	0.07	-0.6	0.1	-0.58	-0.26	-0.27	-0.32	-0.3	-0.39	-0.28	-0.68	-0.32	-0.1	-0.19	0.09	-0.1
Short Term Debt	-0.37	-0.41	-0.25	0.18	-0.28	-0.41	-0.29	-0.2		-0.61	-0.2	0.35	-0.31	-0.45	-0.37	-0.38	-0.46	-0.41	-0.45	-0.36	-0.5	-0.05	-0.36	0.06	-0.36
Accounts Payable	0.2	0.19	0.19	-0.13	0.2	0.15	0.15	0.07	-0.61		0.2	-0.1	0.28	0.22	0.26	0.25	0.23	0.39	0.23	-0.1	0.32	0.1	0.18	-0.08	0.1
Long Term Debt	0.77	0.67	0.87	-0.76	0.86	0.45	0.57	-0.6	-0.2	0.2		-0.08	0.96	0.67	0.87	0.9	0.7	0.61	0.68	0.59	0.68	0.57	0.76	-0.56	0.31
Good Will	-0.68	-0.76	-0.48	0.27	-0.52	-0.81	-0.76	0.1	0.35	-0.1	-0.08		-0.12	-0.73	-0.34	-0.34	-0.71	-0.09	-0.74	-0.16	-0.66	0.15	-0.53	-0.06	-0.81
Intangible Assets	0.78	0.7	0.85	-0.75	0.85	0.47	0.53	-0.58	-0.31	0.28	0.96	-0.12		0.7	0.87	0.87	0.72	0.65	0.7	0.61	0.71	0.49	0.76	-0.49	0.33
Net Tangible Assets	0.97	0.99	0.85	-0.53	0.88	0.86	0.85	-0.26	-0.45	0.22	0.67	-0.73	0.7		0.86	0.84	1.0	0.45	1.0	0.4	0.91	0.35	0.93	-0.41	0.72
Net Receivables	0.85	0.84	0.8	-0.52	0.81	0.72	0.73	-0.27	-0.37	0.26	0.87	-0.34	0.87	0.86		0.97	0.87	0.58	0.86	0.38	0.8	0.42	0.95	-0.46	0.58
Long Term Debt Total	0.84	0.82	0.81	-0.57	0.82	0.74	0.71	-0.32	-0.38	0.25	0.9	-0.34	0.87	0.84	0.97		0.84	0.52	0.84	0.43	0.8	0.47	0.94	-0.5	0.62
Capital Surpluse	0.98	0.99	0.87	-0.57	0.9	0.84	0.86	-0.3	-0.46	0.23	0.7	-0.71	0.72	1.0	0.87	0.84		0.52	1.0	0.44	0.92	0.33	0.92	-0.38	0.7
Long Term Investments	0.54	0.47	0.6	-0.62	0.6	0.19	0.44	-0.39	-0.41	0.39	0.61	-0.09	0.65	0.45	0.58	0.52	0.52		0.48	0.57	0.65	0.1	0.39	-0.09	0.1
Property Plant Equipment	0.98	0.99	0.86	-0.55	0.89	0.86	0.87	-0.28	-0.45	0.23	0.68	-0.74	0.7	1.0	0.86	0.84	1.0	0.48		0.41	0.92	0.33	0.93	-0.4	0.73
Current Deferred Revenue	0.53	0.44	0.65	-0.83	0.64	0.22	0.38	-0.68	-0.36	-0.1	0.59	-0.16	0.61	0.4	0.38	0.43	0.44	0.57	0.41		0.48	0.15	0.29	-0.13	0.16
Deferred Long Term Liab	0.92	0.91	0.84	-0.61	0.86	0.78	0.78	-0.32	-0.5	0.32	0.68	-0.66	0.71	0.91	0.8	0.8	0.92	0.65	0.92	0.48		0.35	0.82	-0.41	0.65
Short Long Term Debt	0.34	0.27	0.45	-0.17	0.43	0.05	0.07	-0.1	-0.05	0.1	0.57	0.15	0.49	0.35	0.42	0.47	0.33	0.1	0.33	0.15	0.35		0.44	-0.98	-0.16
Net Invested Capital	0.89	0.91	0.78	-0.43	0.8	0.84	0.78	-0.19	-0.36	0.18	0.76	-0.53	0.76	0.93	0.95	0.94	0.92	0.39	0.93	0.29	0.82	0.44		-0.51	0.71
Net Working Capital	-0.39	-0.34	-0.47	0.17	-0.46	-0.14	-0.15	0.09	0.06	-0.08	-0.56	-0.06	-0.49	-0.41	-0.46	-0.5	-0.38	-0.09	-0.4	-0.13	-0.41	-0.98	-0.51		0.07
Capital Stock	0.68	0.76	0.47	-0.3	0.51	0.97	0.75	-0.1	-0.36	0.1	0.31	-0.81	0.33	0.72	0.58	0.62	0.7	0.1	0.73	0.16	0.65	-0.16	0.71	0.07

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EastGroup Debt To Equity Historical Pattern

Today, most investors in EastGroup Properties Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EastGroup Properties' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EastGroup Properties debt to equity as a starting point in their analysis.

EastGroup Properties Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict EastGroup Properties

Debt To Equity Over Time

EastGroup Total Stockholder Equity

Total Stockholder Equity

2.74 Billion

At this time, EastGroup Properties' Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, EastGroup Properties has a Debt To Equity of 0.864%. This is 99.3% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The debt to equity for all United States stocks is 98.23% higher than that of the company.

EastGroup Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EastGroup Properties' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EastGroup Properties could also be used in its relative valuation, which is a method of valuing EastGroup Properties by comparing valuation metrics of similar companies.

EastGroup Properties is currently under evaluation in debt to equity category among its peers.

EastGroup Properties ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EastGroup Properties' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EastGroup Properties' managers, analysts, and investors.

Environmental

Governance

Social

EastGroup Fundamentals

	Return On Equity	0.0893
	Return On Asset	0.0345
	Profit Margin	0.37 %
	Operating Margin	0.40 %
	Current Valuation	10.23 B
	Shares Outstanding	49.51 M
	Shares Owned By Insiders	0.96 %
	Shares Owned By Institutions	96.62 %
	Number Of Shares Shorted	1.75 M
	Price To Earning	55.02 X
	Price To Book	3.04 X
	Price To Sales	13.58 X
	Revenue	570.59 M
	Gross Profit	353.11 M
	EBITDA	399.22 M
	Net Income	200.55 M
	Cash And Equivalents	45.98 M
	Cash Per Share	1.06 X
	Total Debt	1.7 B
	Debt To Equity	0.86 %
	Current Ratio	0.68 X
	Book Value Per Share	57.66 X
	Cash Flow From Operations	338.2 M
	Short Ratio	4.44 X
	Earnings Per Share	4.85 X
	Price To Earnings To Growth	5.78 X
	Target Price	198.5
	Number Of Employees	95
	Beta	1.01
	Market Capitalization	8.53 B
	Total Asset	4.52 B
	Retained Earnings	(366.47 M)
	Working Capital	(32.9 M)
	Current Asset	31.58 M
	Current Liabilities	44.18 M
	Annual Yield	0.03 %
	Five Year Return	2.39 %
	Net Asset	4.52 B
	Last Dividend Paid	5.21

About EastGroup Properties Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EastGroup Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EastGroup Properties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EastGroup Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with EastGroup Properties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EastGroup Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.

Moving together with EastGroup Stock

0.74

Realty Income

Pair Corr

Moving against EastGroup Stock

0.66	SLG	SL Green Realty Fiscal Year End 22nd of January 2025	Pair Corr
0.59	LTC	LTC Properties	Pair Corr
0.43	DRH	Diamondrock Hospitality	Pair Corr
0.35	SBRA	Sabra Healthcare REIT	Pair Corr
0.31	OHI	Omega Healthcare Inv Sell-off Trend	Pair Corr

The ability to find closely correlated positions to EastGroup Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EastGroup Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EastGroup Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EastGroup Properties to buy it.

The correlation of EastGroup Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EastGroup Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EastGroup Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for EastGroup Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for EastGroup Stock Analysis

When running EastGroup Properties' price analysis, check to measure EastGroup Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.

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