Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Debt-to-Equity : 0.40 (As of Mar. 2024)

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What is Grande Royal Orchid Hospitality REIT Debt-to-Equity?

Grande Royal Orchid Hospitality REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0.0 Mil. Grande Royal Orchid Hospitality REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,350.0 Mil. Grande Royal Orchid Hospitality REIT's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿3,392.3 Mil. Grande Royal Orchid Hospitality REIT's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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 Grande Royal Orchid Hospitality REIT's Debt-to-Equity or its related term are showing as below:

BKK:GROREIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.41 Max: 0.42
Current: 0.4

During the past 3 years, the highest Debt-to-Equity Ratio of Grande Royal Orchid Hospitality REIT was 0.42. The lowest was 0.40. And the median was 0.41.

BKK:GROREIT's Debt-to-Equity is ranked better than
82.44% of 672 companies
in the REITs industry
Industry Median: 0.78 vs BKK:GROREIT: 0.40

Grande Royal Orchid Hospitality REIT Debt-to-Equity Historical Data

The historical data trend for Grande Royal Orchid Hospitality REIT'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.

Grande Royal Orchid Hospitality REIT Debt-to-Equity Chart

Grande Royal Orchid Hospitality REIT Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.41

0.40

Grande Royal Orchid Hospitality REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.41	0.40	0.40	0.40	0.40

Competitive Comparison of Grande Royal Orchid Hospitality REIT's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality REIT'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.

Grande Royal Orchid Hospitality REIT's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Grande Royal Orchid Hospitality REIT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grande Royal Orchid Hospitality REIT's Debt-to-Equity falls into.

Grande Royal Orchid Hospitality REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grande Royal Orchid Hospitality REIT'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
	=	(1350	+	0)	/	3415.729
	=	0.40

Grande Royal Orchid Hospitality REIT'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
	=	(0	+	1350)	/	3392.274
	=	0.40

Grande Royal Orchid Hospitality REIT (BKK:GROREIT) 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.

Grande Royal Orchid Hospitality REIT Debt-to-Equity Related Terms

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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Grande Royal Orchid Hospitality REIT (BKK:GROREIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

989 Rama 1 Road, 9th and 24th Floor, Siam Piwat Tower Building, Pathumwan, Bangkok, THA, 10330

Website

Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower.

Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Headlines

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