GreenTree Hospitality Group (GreenTree Hospitality Group) Debt-to-Equity : 1.27 (As of Dec. 2023)

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What is GreenTree Hospitality Group Debt-to-Equity?

GreenTree Hospitality Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $53.9 Mil. GreenTree Hospitality Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $202.9 Mil. GreenTree Hospitality Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $202.0 Mil. GreenTree Hospitality Group's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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

GHG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.23 Max: 1.39
Current: 1.27

During the past 9 years, the highest Debt-to-Equity Ratio of GreenTree Hospitality Group was 1.39. The lowest was 0.03. And the median was 0.23.

GHG's Debt-to-Equity is ranked worse than
74.28% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs GHG: 1.27

GreenTree Hospitality Group Debt-to-Equity Historical Data

The historical data trend for GreenTree Hospitality Group'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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GreenTree Hospitality Group Debt-to-Equity Chart

GreenTree Hospitality Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.07

0.38

1.39

1.27

GreenTree Hospitality Group Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	1.39	1.56	1.21	1.27

Competitive Comparison of GreenTree Hospitality Group's Debt-to-Equity

For the Lodging subindustry, GreenTree Hospitality Group'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.

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

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

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

GreenTree Hospitality Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GreenTree Hospitality Group'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
	=	(53.855	+	202.895)	/	201.986
	=	1.27

GreenTree Hospitality Group's Debt to Equity Ratio for the quarter 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
	=	(53.855	+	202.895)	/	201.986
	=	1.27

GreenTree Hospitality Group (NYSE:GHG) 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.

GreenTree Hospitality Group Debt-to-Equity Related Terms

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GreenTree Hospitality Group (GreenTree Hospitality Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GreenTree Hospitality Group Ltd (NYSE:GHG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GT1A:Germany

Address

1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065

Website

https://www.998.com

GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.