Washington Hotel (TSE:4691) Debt-to-Equity : 3.35 (As of Dec. 2023)

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What is Washington Hotel Debt-to-Equity?

Washington Hotel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円11,784 Mil. Washington Hotel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円14,249 Mil. Washington Hotel's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円7,772 Mil. Washington Hotel's debt to equity for the quarter that ended in Dec. 2023 was 3.35.

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

TSE:4691' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 3.35 Max: 7.81
Current: 3.35

During the past 6 years, the highest Debt-to-Equity Ratio of Washington Hotel was 7.81. The lowest was 0.65. And the median was 3.35.

TSE:4691's Debt-to-Equity is ranked worse than
89.44% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs TSE:4691: 3.35

Washington Hotel Debt-to-Equity Historical Data

The historical data trend for Washington Hotel'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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Washington Hotel Debt-to-Equity Chart

Washington Hotel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.83

0.67

2.66

7.81

3.96

Washington Hotel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															4.62	3.96	3.74	3.60	3.35

Competitive Comparison of Washington Hotel's Debt-to-Equity

For the Lodging subindustry, Washington Hotel'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.

Washington Hotel's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Washington Hotel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Washington Hotel'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
	=	(11298.411	+	14843.876)	/	6607.568
	=	3.96

Washington Hotel'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
	=	(11783.695	+	14249.184)	/	7772.14
	=	3.35

Washington Hotel (TSE:4691) 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.

Washington Hotel Debt-to-Equity Related Terms

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Washington Hotel (TSE:4691) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Washington Hotel Corp (TSE:4691) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4691:Japan

Address

Uchiyama Third Street No. 23 No. 5, Aichi Prefecture, Chikusa-ku, Nagoya, JPN, 464-0075

Website

https://www.washingtonhotel.co.jp

Washington Hotel Corp is a Japanese based company engaged in the hotel and restaurant business. It offers lodging, catering, communication and a resting place and various other services.

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