Jindal Hotels (BOM:507981) Debt-to-Asset : 0.66 (As of Mar. 2024)

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What is Jindal Hotels Debt-to-Asset?

Jindal Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹42.2 Mil. Jindal Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹495.1 Mil. Jindal Hotels's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₹819.5 Mil. Jindal Hotels's debt to asset for the quarter that ended in Mar. 2024 was 0.66.

Jindal Hotels Debt-to-Asset Historical Data

The historical data trend for Jindal Hotels's Debt-to-Asset 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.

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Jindal Hotels Debt-to-Asset Chart

Jindal Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.58

0.66

0.71

0.69

0.66

Jindal Hotels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.69	-	0.68	-	0.66

Competitive Comparison of Jindal Hotels's Debt-to-Asset

For the Lodging subindustry, Jindal Hotels's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Jindal Hotels's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jindal Hotels's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jindal Hotels's Debt-to-Asset falls into.

Jindal Hotels Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jindal Hotels's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(42.2	+	495.07)	/	819.458
	=	0.66

Jindal Hotels's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(42.2	+	495.07)	/	819.458
	=	0.66

Jindal Hotels (BOM:507981) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Jindal Hotels Debt-to-Asset Related Terms

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Jindal Hotels (BOM:507981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jindal Hotels Ltd (BOM:507981) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

GRAND MERCURE Vadodara Surya Palace, Sayajigunj, Vadodara, GJ, IND, 390020

Website

https://www.suryapalace.com

Jindal Hotels Ltd is engaged in providing food and beverage, wine, and accommodation services. The company operates in a single segment namely Hoteliering. It is in the business of operating a three-star category hotel namely Hotel Surya Palace, and Restaurant which includes the Azure restaurant. The company operates a business hotel in Vadodara city with approximately 143 guest rooms, 6 large and medium banquet halls, a boardroom, a restaurant, a swimming pool, a health club, a liquor shop, and various other amenities.

Jindal Hotels (BOM:507981) Headlines

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