Eastgroup Properties (EGP) Commercial Paper and Short-Term Borrowings (2009 - 2023)
Eastgroup Properties (EGP) recorded Short-Term Borrowings of $69.79 million in Q1 2023, down 64.3% from $195.32 million a year earlier and down 58.6% from the prior quarter.
Eastgroup Properties (EGP) Commercial Paper and Short-Term Borrowings (2009 - 2023) Analysis & Trends
At the end of FY2022, Eastgroup Properties reported Short-Term Borrowings of $168.45 million, down 18.6% from FY2021.
- Annual Short-Term Borrowings has a five-year compound annual growth rate of -3.0% (FY2017 to FY2022).
- Across earlier years, Short-Term Borrowings came in at $207.07 million in FY2021 (+66.7%), $124.19 million in FY2020 (+11.5%), $111.39 million in FY2019 (-42.6%) and $193.93 million in FY2018 (-0.9%).
- The Q1 2023 figure is the lowest quarterly Short-Term Borrowings since Q3 2021.
- On a year-over-year basis, Short-Term Borrowings rose in three of the last six quarters, with growth averaging 39.4%.
- Peak year-over-year performance for Short-Term Borrowings in the last five years was growth of 162.6% in Q3 2022, against a decline of 66.0% in Q2 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $168.45 million (Q4 2022), $154.19 million (Q3 2022) and $204.57 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 171.10 Bn | 153.62 Bn | 1.39 Bn |
| 2 | Prologis | 117.94 Bn | 117.38 Bn | - |
| 3 | Simon Property | 72.61 Bn | 69.67 Bn | - |
| 4 | Public Storage | 54.41 Bn | 53.50 Bn | - |
| 5 | Realty Income | 53.83 Bn | 54.44 Bn | - |
| 6 | Ventas | 44.52 Bn | 43.72 Bn | - |
| 7 | Extra Space Storage | 30.30 Bn | 30.09 Bn | 642.43 Mn |
| 8 | Vici Properties | 26.15 Bn | 24.27 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.62 Bn | 23.59 Bn | - |
| 10 | Eastgroup Properties | 10.70 Bn | 10.64 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 69.79 Mn |
| Dec 31, 2022 | 168.45 Mn |
| Sep 30, 2022 | 154.19 Mn |
| Jun 30, 2022 | 204.57 Mn |
| Mar 31, 2022 | 195.32 Mn |
| Dec 31, 2021 | 207.07 Mn |
| Sep 30, 2021 | 58.72 Mn |
| Jun 30, 2021 | -2.44 Mn |
| Mar 31, 2021 | 91.64 Mn |
| Dec 31, 2020 | 124.19 Mn |
| Sep 30, 2020 | 76.54 Mn |
| Jun 30, 2020 | 65.98 Mn |
| Mar 31, 2020 | 81.77 Mn |
| Dec 31, 2019 | 111.39 Mn |
| Sep 30, 2019 | 138.58 Mn |
| Jun 30, 2019 | 194.33 Mn |
| Mar 31, 2019 | 131.19 Mn |
| Dec 31, 2018 | 193.93 Mn |
| Sep 30, 2018 | 169.26 Mn |
| Jun 30, 2018 | 176.96 Mn |
Eastgroup Properties Commercial Paper and Short-Term Borrowings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=commercial-paper-and-short-term-borrowings&ticker=EGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "commercial-paper-and-short-term-borrowings", "ticker": "EGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=commercial-paper-and-short-term-borrowings&ticker=EGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();