Holtel Holiday Garden (TPE:2702) Debt-to-Equity : 1.48 (As of Mar. 2024)

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What is Holtel Holiday Garden Debt-to-Equity?

Holtel Holiday Garden's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,342 Mil. Holtel Holiday Garden's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$3,536 Mil. Holtel Holiday Garden's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$3,298 Mil. Holtel Holiday Garden's debt to equity for the quarter that ended in Mar. 2024 was 1.48.

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 Holtel Holiday Garden's Debt-to-Equity or its related term are showing as below:

TPE:2702' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91 Med: 2.86 Max: 6.04
Current: 1.48

During the past 13 years, the highest Debt-to-Equity Ratio of Holtel Holiday Garden was 6.04. The lowest was 0.91. And the median was 2.86.

TPE:2702's Debt-to-Equity is ranked worse than
78.18% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs TPE:2702: 1.48

Holtel Holiday Garden Debt-to-Equity Historical Data

The historical data trend for Holtel Holiday Garden'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.

Holtel Holiday Garden Debt-to-Equity Chart

Holtel Holiday Garden Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.57

5.80

2.00

1.54

1.49

Holtel Holiday Garden 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															1.56	1.55	1.50	1.49	1.48

Competitive Comparison of Holtel Holiday Garden's Debt-to-Equity

For the Lodging subindustry, Holtel Holiday Garden'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.

Holtel Holiday Garden's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Holtel Holiday Garden's Debt-to-Equity falls into.

Holtel Holiday Garden Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Holtel Holiday Garden'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
	=	(625.545	+	4112.93)	/	3187.427
	=	1.49

Holtel Holiday Garden'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
	=	(1341.976	+	3536.386)	/	3297.85
	=	1.48

Holtel Holiday Garden (TPE:2702) 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.

Holtel Holiday Garden Debt-to-Equity Related Terms

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

Holtel Holiday Garden (TPE:2702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Holtel Holiday Garden (TPE:2702) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Sihwei 3rd Road, Room B, 23rd Floor, Lingya District, Kaohsiung, TWN, 802701

Website

https://www.hotelhg.com.tw

Holtel Holiday Garden is engaged in providing lodging services. It generates revenue from a Guest room; Foodservice and others. The company provides restaurants; swimming pools and other facilities. Its segment includes Taiwan business and USA business. The company generates maximum revenue from the USA business segment.

Holtel Holiday Garden (TPE:2702) Headlines

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