Indian Hotels Co (BOM:500850) Debt-to-Equity : 0.29 (As of Mar. 2024)

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What is Indian Hotels Co Debt-to-Equity?

Indian Hotels Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,648 Mil. Indian Hotels Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹24,714 Mil. Indian Hotels Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹94,567 Mil. Indian Hotels Co's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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 Indian Hotels Co's Debt-to-Equity or its related term are showing as below:

BOM:500850' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.81 Max: 1.8
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Indian Hotels Co was 1.80. The lowest was 0.29. And the median was 0.81.

BOM:500850's Debt-to-Equity is ranked better than
63.28% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs BOM:500850: 0.29

Indian Hotels Co Debt-to-Equity Historical Data

The historical data trend for Indian Hotels 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.

Indian Hotels Co Debt-to-Equity Chart

Indian Hotels Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.03

1.51

0.55

0.39

0.29

Indian Hotels Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.39	0.33	N/A	0.29

Competitive Comparison of Indian Hotels Co's Debt-to-Equity

For the Lodging subindustry, Indian Hotels 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.

Indian Hotels Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Indian Hotels Co's Debt-to-Equity falls into.

Indian Hotels Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indian Hotels Co's Debt to Equity Ratio for the fiscal year 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
	=	(2648.3	+	24714)	/	94566.5
	=	0.29

Indian Hotels 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
	=	(2648.3	+	24714)	/	94566.5
	=	0.29

Indian Hotels Co (BOM:500850) 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.

Indian Hotels Co Debt-to-Equity Related Terms

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Indian Hotels Co (BOM:500850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Indian Hotels Co Ltd (BOM:500850) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

INDHOTEL:India

Address

Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.ihcltata.com

Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (BOM:500850) Headlines

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