Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Debt-to-Equity : 1.12 (As of Sep. 2023)

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What is Apeejay Surrendra Park Hotels Debt-to-Equity?

Apeejay Surrendra Park Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹1,235 Mil. Apeejay Surrendra Park Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹5,217 Mil. Apeejay Surrendra Park Hotels's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹5,787 Mil. Apeejay Surrendra Park Hotels's debt to equity for the quarter that ended in Sep. 2023 was 1.11.

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 Apeejay Surrendra Park Hotels's Debt-to-Equity or its related term are showing as below:

NSE:PARKHOTELS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.11 Med: 1.13 Max: 1.29
Current: 1.12

During the past 3 years, the highest Debt-to-Equity Ratio of Apeejay Surrendra Park Hotels was 1.29. The lowest was 1.11. And the median was 1.13.

NSE:PARKHOTELS's Debt-to-Equity is ranked worse than
71.53% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs NSE:PARKHOTELS: 1.12

Apeejay Surrendra Park Hotels Debt-to-Equity Historical Data

The historical data trend for Apeejay Surrendra Park Hotels'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.

Apeejay Surrendra Park Hotels Debt-to-Equity Chart

Apeejay Surrendra Park Hotels Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-Equity

1.15

1.29

1.11

Apeejay Surrendra Park Hotels Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	1.15	1.29	N/A	1.11	1.12

Competitive Comparison of Apeejay Surrendra Park Hotels's Debt-to-Equity

For the Lodging subindustry, Apeejay Surrendra Park Hotels'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.

Apeejay Surrendra Park Hotels's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Apeejay Surrendra Park Hotels's Debt-to-Equity falls into.

Apeejay Surrendra Park Hotels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apeejay Surrendra Park Hotels's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(729.8	+	5444.5)	/	5556.82
	=	1.11

Apeejay Surrendra Park Hotels's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1234.55	+	5216.65)	/	5787.08
	=	1.11

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) 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.

Apeejay Surrendra Park Hotels Debt-to-Equity Related Terms

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Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apeejay Surrendra Park Hotels Ltd (NSE:PARKHOTELS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

544111:India

Address

N80, Connaught Place, New Delhi, IND, 110001

Website

https://www.theparkhotels.com

Apeejay Surrendra Park Hotels Ltd is engaged in hotel business. It operate hotels under following four brands, namely "THE PARK, "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and have recently launched economy motel brand, "Stop by Zone".

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Headlines

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