EastGroup Net Debt from 2010 to 2024

EGP Stock

USD 173.84 1.70 0.99%

EastGroup Properties Net Debt yearly trend continues to be relatively stable with very little volatility. Net Debt is likely to grow to about 1.7 B this year. Net Debt is the total debt of EastGroup Properties minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1985-09-30

Previous Quarter

1.7 B

Current Value

1.6 B

Quarterly Volatility

502.9 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check EastGroup Properties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EastGroup Properties' main balance sheet or income statement drivers, such as Interest Expense of 47.3 M, Total Revenue of 599.1 M or Gross Profit of 437.4 M, as well as many indicators such as Price To Sales Ratio of 15.27, Dividend Yield of 0.0258 or PTB Ratio of 1.77. EastGroup financial statements analysis is a perfect complement when working with EastGroup Properties Valuation or Volatility modules.

Check out the analysis of EastGroup Properties Correlation against competitors.

To learn how to invest in EastGroup Stock, please use our How to Invest in EastGroup Properties guide.

Latest EastGroup Properties' Net Debt Growth Pattern

Below is the plot of the Net Debt of EastGroup Properties over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. EastGroup Properties' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EastGroup Properties' overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

EastGroup Net Debt Regression Statistics

	Arithmetic Mean	1,138,569,747
	Geometric Mean	766,893,583
	Coefficient Of Variation	40.25
	Mean Deviation	323,528,763
	Median	1,105,413,000
	Standard Deviation	458,282,585
	Sample Variance	210022.9T
	Range	1.9B
	R-Value	0.91
	Mean Square Error	36878.7T
	R-Squared	0.84
	Slope	93,749,251
	Total Sum of Squares	2940321T

EastGroup Net Debt History

	2024	1.7 B
	2023	1.7 B
	2022	1.9 B
	2021	1.5 B
	2020	1.3 B
	2019	1.2 B
	2018	1.1 B

Other Fundumenentals of EastGroup Properties

Net Debt To E B I T D A

EastGroup Properties Net Debt component correlations

	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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About EastGroup Properties Financial Statements

EastGroup Properties shareholders use historical fundamental indicators, such as Net Debt, to determine how well the company is positioned to perform in the future. Although EastGroup Properties investors may analyze each financial statement separately, they are all interrelated. The changes in EastGroup Properties' assets and liabilities, for example, are also reflected in the revenues and expenses on on EastGroup Properties' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Net Debt	1.7 B	1.7 B
Net Debt To EBITDA	4.15	3.51

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

0.82

HPP

Hudson Pacific Properties

Pair Corr

Moving against EastGroup Stock

0.75	UE	Urban Edge Properties	Pair Corr
0.71	SPG	Simon Property Group	Pair Corr
0.66	SLG	SL Green Realty Fiscal Year End 22nd of January 2025	Pair Corr
0.64	EQIX	Equinix	Pair Corr
0.43	KRG	Kite Realty Group	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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EastGroup Net Debt from 2010 to 2024

Latest EastGroup Properties' Net Debt Growth Pattern

EastGroup Net Debt Regression Statistics

EastGroup Net Debt History

Other Fundumenentals of EastGroup Properties

EastGroup Properties Net Debt component correlations

About EastGroup Properties Financial Statements

Pair Trading with EastGroup Properties

Moving together with EastGroup Stock

Moving against EastGroup Stock

Additional Tools for EastGroup Stock Analysis

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