Asia Hotel PCL (BKK:ASIA) Debt-to-Equity : 0.40 (As of Mar. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Asia Hotel PCL Debt-to-Equity?

Asia Hotel PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿263 Mil. Asia Hotel PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,127 Mil. Asia Hotel PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿5,921 Mil. Asia Hotel PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.40.

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

BKK:ASIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.44 Max: 0.53
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Asia Hotel PCL was 0.53. The lowest was 0.36. And the median was 0.44.

BKK:ASIA's Debt-to-Equity is ranked better than
54.1% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs BKK:ASIA: 0.40

Asia Hotel PCL Debt-to-Equity Historical Data

The historical data trend for Asia Hotel PCL'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.

Asia Hotel PCL Debt-to-Equity Chart

Asia Hotel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.45

0.51

0.45

0.44

0.42

Asia Hotel PCL 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															0.42	0.42	0.41	0.42	0.40

Competitive Comparison of Asia Hotel PCL's Debt-to-Equity

For the Lodging subindustry, Asia Hotel PCL'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.

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

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

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

Asia Hotel PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Hotel PCL'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
	=	(292.246	+	2151.593)	/	5895.669
	=	0.41

Asia Hotel PCL'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
	=	(262.525	+	2126.845)	/	5921.233
	=	0.40

Asia Hotel PCL (BKK:ASIA) 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.

Asia Hotel PCL Debt-to-Equity Related Terms

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

Asia Hotel PCL (BKK:ASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asia Hotel PCL (BKK:ASIA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

296 Phayathai Road, Phaya Thai, Rajathevee, Bangkok, THA

Website

http://www.asiahotel.co.th

Asia Hotel PCL is a Thailand-based company engaged in hotel and restaurant operations. The company operates three business segments: The room segment, the Food And Beverages segment, and the Rental And Services segment. It generates a majority of its revenue from the Rooms segment.