Shangri-La Asia (HKSE:00069) Debt-to-Equity : 1.20 (As of Dec. 2023)

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What is Shangri-La Asia Debt-to-Equity?

Shangri-La Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,082 Mil. Shangri-La Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$43,789 Mil. Shangri-La Asia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$40,786 Mil. Shangri-La Asia's debt to equity for the quarter that ended in Dec. 2023 was 1.20.

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 Shangri-La Asia's Debt-to-Equity or its related term are showing as below:

HKSE:00069' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 0.92 Max: 1.2
Current: 1.2

During the past 13 years, the highest Debt-to-Equity Ratio of Shangri-La Asia was 1.20. The lowest was 0.74. And the median was 0.92.

HKSE:00069's Debt-to-Equity is ranked worse than
72.42% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs HKSE:00069: 1.20

Shangri-La Asia Debt-to-Equity Historical Data

The historical data trend for Shangri-La Asia'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.

Shangri-La Asia Debt-to-Equity Chart

Shangri-La Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.95

1.05

1.06

1.18

1.20

Shangri-La Asia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.06	1.13	1.18	1.20	1.20

Competitive Comparison of Shangri-La Asia's Debt-to-Equity

For the Lodging subindustry, Shangri-La Asia'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.

Shangri-La Asia's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Shangri-La Asia's Debt-to-Equity falls into.

Shangri-La Asia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shangri-La Asia'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
	=	(5081.548	+	43788.729)	/	40786.056
	=	1.20

Shangri-La Asia'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
	=	(5081.548	+	43788.729)	/	40786.056
	=	1.20

Shangri-La Asia (HKSE:00069) 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.

Shangri-La Asia Debt-to-Equity Related Terms

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Shangri-La Asia (HKSE:00069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (HKSE:00069) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SHALY:USA SHALF:USA S07:Singapore SHN:Germany

Address

683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.shangri-la.com

Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.

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