Candlewood Hotel Co (Candlewood Hotel Co) Debt-to-Equity : -0.94 (As of Sep. 2003)

View and export this data going back to 1996. Start your Free Trial

What is Candlewood Hotel Co Debt-to-Equity?

Candlewood Hotel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2003 was $0.0 Mil. Candlewood Hotel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2003 was $66.0 Mil. Candlewood Hotel Co's Total Stockholders Equity for the quarter that ended in Sep. 2003 was $-69.9 Mil. Candlewood Hotel Co's debt to equity for the quarter that ended in Sep. 2003 was -0.94.

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 Candlewood Hotel Co's Debt-to-Equity or its related term are showing as below:

CNDL's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Candlewood Hotel Co Debt-to-Equity Historical Data

The historical data trend for Candlewood Hotel Co'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.

Candlewood Hotel Co Debt-to-Equity Chart

Candlewood Hotel Co Annual Data

Trend

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Debt-to-Equity

Get a 7-Day Free Trial

-24.60

-1.30

Candlewood Hotel Co Quarterly Data
	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03
Debt-to-Equity	Get a 7-Day Free Trial															-1.80	-1.30	-1.11	-0.93	-0.94

Competitive Comparison of Candlewood Hotel Co's Debt-to-Equity

For the Lodging subindustry, Candlewood Hotel Co'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.

Candlewood Hotel Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Candlewood Hotel Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Candlewood Hotel Co's Debt-to-Equity falls into.

Candlewood Hotel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Candlewood Hotel Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2002 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	+	58.932)	/	-45.47
	=	-1.30

Candlewood Hotel Co's Debt to Equity Ratio for the quarter that ended in Sep. 2003 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	+	66.029)	/	-69.91
	=	-0.94

Candlewood Hotel Co (OTCPK:CNDL) 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.

Candlewood Hotel Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Candlewood Hotel Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Candlewood Hotel Co (Candlewood Hotel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Candlewood Hotel Co Inc (OTCPK:CNDL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

8621 East 21st Street North, Suite 200, Wichita, KS, USA, 67206

Website

https://www.candlewoodsuites.com

Candlewood Hotel Co Inc, along with its subsidiaries operates as a franchisor, manager and on an owned and leased basis. It focuses on managing and franchising hotels, whilst its business partners own the bricks and mortar.

Executives

Elaine Healy	director
Rohit M Desai	other: See Footnotes	410 PARK AVENUE, SUITE 830, NEW YORK NY 10022
Jpmorgan Chase & Co	other: See Footnotes	383 MADISON AVENUE, NEW YORK NY 10017
Cvca, Llc	other: See Footnote 2	J.P. MORGAN PARTNERS, LLC, 270 PARK AVENUE, NEW YORK NY 10017
Jp Morgan Partners Bhca Lp	other: See footnote 2	J.P. MORGAN PARTNERS, 270 PARK AVENUE, NEW YORK NY 10017
Jpmp Master Fund Manager L P	other: See footnote (2)	C/O JPMORGAN PARTNERS LLC, 270 PARK AVENUE 39TH FLOOR, NEW YORK NY 10017
Jpmp Capital Corp	other: See footnote (2)	C/O JPMORGAN PARTNERS, 1221 AVENUE OF THE AMERICAS 40TH FL., NEW YORK NY 10020
Mony Life Insurance Co	other: Please see Footnote 2	1290 AVENUE OF THE AMERICAS, MAIL STOP 11-18, NEW YORK NY 10104

Candlewood Hotel Co (Candlewood Hotel Co) Headlines

No Headlines