Agora Hospitality Group Co (FRA:3R8) Debt-to-Equity : 2.48 (As of Mar. 2024)

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What is Agora Hospitality Group Co Debt-to-Equity?

Agora Hospitality Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9.95 Mil. Agora Hospitality Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €44.30 Mil. Agora Hospitality Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €21.85 Mil. Agora Hospitality Group Co's debt to equity for the quarter that ended in Mar. 2024 was 2.48.

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 Agora Hospitality Group Co's Debt-to-Equity or its related term are showing as below:

FRA:3R8' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.89 Max: 2.48
Current: 2.48

During the past 13 years, the highest Debt-to-Equity Ratio of Agora Hospitality Group Co was 2.48. The lowest was 0.33. And the median was 0.89.

FRA:3R8's Debt-to-Equity is ranked worse than
85.98% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs FRA:3R8: 2.48

Agora Hospitality Group Co Debt-to-Equity Historical Data

The historical data trend for Agora Hospitality Group 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.

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Agora Hospitality Group Co Debt-to-Equity Chart

Agora Hospitality Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.94

1.03

1.40

1.95

2.19

Agora Hospitality Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.99	2.05	2.22	2.19	2.48

Competitive Comparison of Agora Hospitality Group Co's Debt-to-Equity

For the Lodging subindustry, Agora Hospitality Group 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.

Agora Hospitality Group Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Agora Hospitality Group Co's Debt-to-Equity falls into.

Agora Hospitality Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Agora Hospitality Group Co'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
	=	(6.799	+	42.137)	/	22.344
	=	2.19

Agora Hospitality Group Co'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
	=	(9.953	+	44.303)	/	21.85
	=	2.48

Agora Hospitality Group Co (FRA:3R8) 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.

Agora Hospitality Group Co Debt-to-Equity Related Terms

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Agora Hospitality Group Co (FRA:3R8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Agora Hospitality Group Co Ltd (FRA:3R8) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9704:Japan

Address

5-2-6 Toranomon, Minato-ku, 7 Floor, Toranomon Dai 2 Waiko Building, Tokyo, JPN, 105-0001

Website

https://www.agora.jp

Agora Hospitality Group Co Ltd operates Japanese style hotels. The company administers its business in two divisions including Hospitality business, and Other investment business. Its Hospitality business is involved in hotel operations including city hotels, business hotels, hotels inn, and resort hotels. Other investment business invests in residential buildings located in central Tokyo. It also engages in developing and selling burial plots and columbarium in Klang Valley, Malaysia, as well as developing retirement homes, village, retail shops, and hotels in Melbourne.

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