On The Beach Group (LSE:OTB) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is On The Beach Group Debt-to-Equity?

On The Beach Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £57.3 Mil. On The Beach Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £1.4 Mil. On The Beach Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £170.2 Mil. On The Beach Group's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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 On The Beach Group's Debt-to-Equity or its related term are showing as below:

LSE:OTB' s Debt-to-Equity Range Over the Past 10 Years
Min: -15.35 Med: 0.04 Max: 0.35
Current: 0.35

During the past 12 years, the highest Debt-to-Equity Ratio of On The Beach Group was 0.35. The lowest was -15.35. And the median was 0.04.

LSE:OTB's Debt-to-Equity is ranked better than
57.95% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs LSE:OTB: 0.35

On The Beach Group Debt-to-Equity Historical Data

The historical data trend for On The Beach 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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On The Beach Group Debt-to-Equity Chart

On The Beach Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.04

0.03

0.02

0.03

On The Beach Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.22	0.03	0.35

Competitive Comparison of On The Beach Group's Debt-to-Equity

For the Travel Services subindustry, On The Beach 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.

On The Beach Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

On The Beach Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

On The Beach Group's Debt to Equity Ratio for the fiscal year 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
	=	(1.9	+	2.6)	/	168.2
	=	0.03

On The Beach Group'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
	=	(57.3	+	1.4)	/	170.2
	=	0.34

On The Beach Group (LSE:OTB) 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.

On The Beach Group Debt-to-Equity Related Terms

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On The Beach Group (LSE:OTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » On The Beach Group PLC (LSE:OTB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OTBl:UK 9BP:Germany

Address

5 Adair Street, Manchester, GBR, M1 2NQ

Website

https://www.onthebeachgroupplc.com

On The Beach Group PLC is one of the UK's online retailers of beach holiday packages. It facilitates the customers to reach out to the suppliers of accommodation and airline tickets through its websites and telephone. The group organizes its operations into four principal financial reporting segments: OTB(onthebeach.co.uk and sunshine.co.uk), International(ebeach.se, ebeach.no & ebeach.dk), Classic Collection Holidays, and Classic Package Holidays. Its International segment comprises websites in Sweden, Norway, and Denmark.

On The Beach Group (LSE:OTB) Headlines

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