Landis Taipei Hotel Co (ROCO:5703) Debt-to-Equity : 0.45 (As of Mar. 2024)

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What is Landis Taipei Hotel Co Debt-to-Equity?

Landis Taipei Hotel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$106.7 Mil. Landis Taipei Hotel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$111.1 Mil. Landis Taipei Hotel Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$485.8 Mil. Landis Taipei Hotel Co's debt to equity for the quarter that ended in Mar. 2024 was 0.45.

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

ROCO:5703' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.46 Max: 1.43
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Landis Taipei Hotel Co was 1.43. The lowest was 0.10. And the median was 0.46.

ROCO:5703's Debt-to-Equity is ranked better than
50.51% of 693 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs ROCO:5703: 0.45

Landis Taipei Hotel Co Debt-to-Equity Historical Data

The historical data trend for Landis Taipei 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.

Landis Taipei Hotel Co Debt-to-Equity Chart

Landis Taipei Hotel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.20

0.74

0.56

0.60

0.46

Landis Taipei Hotel 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															0.59	0.58	0.58	0.46	0.45

Competitive Comparison of Landis Taipei Hotel Co's Debt-to-Equity

For the Lodging subindustry, Landis Taipei 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.

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

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

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

Landis Taipei Hotel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Landis Taipei Hotel 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
	=	(106.567	+	112.485)	/	473.859
	=	0.46

Landis Taipei Hotel 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
	=	(106.722	+	111.099)	/	485.844
	=	0.45

Landis Taipei Hotel Co (ROCO:5703) 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.

Landis Taipei Hotel Co Debt-to-Equity Related Terms

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Landis Taipei Hotel Co (ROCO:5703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Landis Taipei Hotel Co Ltd (ROCO:5703) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 41, Minquan East Road, Section 2, Zhongshan District, Taipei, TWN, 104

Website

https://taipei.landishotelsresorts.com

Landis Taipei Hotel Co Ltd is engaged in the provision of hotel accommodations and the operation of restaurants. It mainly engages in international tourist hotel business, along with auxiliary restaurants, cafe, and bar businesses. It also supplies related facilities, such as conference halls, gyms, parking lots, and associated services for some special events. The reporting segments of the group are The Company, Liz Dining, and other segment, of which prime revenue is derived from the Company segment.

Landis Taipei Hotel Co (ROCO:5703) Headlines

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