Grande Asset Hotels And Property PCL (BKK:GRAND) Debt-to-Equity : 4.13 (As of Dec. 2023)

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What is Grande Asset Hotels And Property PCL Debt-to-Equity?

Grande Asset Hotels And Property PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿4,970 Mil. Grande Asset Hotels And Property PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿7,710 Mil. Grande Asset Hotels And Property PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿3,070 Mil. Grande Asset Hotels And Property PCL's debt to equity for the quarter that ended in Dec. 2023 was 4.13.

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 Grande Asset Hotels And Property PCL's Debt-to-Equity or its related term are showing as below:

BKK:GRAND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63 Med: 1.86 Max: 4.13
Current: 4.13

During the past 13 years, the highest Debt-to-Equity Ratio of Grande Asset Hotels And Property PCL was 4.13. The lowest was 0.63. And the median was 1.86.

BKK:GRAND's Debt-to-Equity is ranked worse than
91.76% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs BKK:GRAND: 4.13

Grande Asset Hotels And Property PCL Debt-to-Equity Historical Data

The historical data trend for Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL Debt-to-Equity Chart

Grande Asset Hotels And Property PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.10

2.96

2.63

3.20

4.13

Grande Asset Hotels And Property PCL 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															3.20	3.29	3.60	3.81	4.13

Competitive Comparison of Grande Asset Hotels And Property PCL's Debt-to-Equity

For the Lodging subindustry, Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grande Asset Hotels And Property PCL's Debt-to-Equity falls into.

Grande Asset Hotels And Property PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grande Asset Hotels And Property 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
	=	(4970.363	+	7710.071)	/	3070.378
	=	4.13

Grande Asset Hotels And Property PCL'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
	=	(4970.363	+	7710.071)	/	3070.378
	=	4.13

Grande Asset Hotels And Property PCL (BKK:GRAND) 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.

Grande Asset Hotels And Property PCL Debt-to-Equity Related Terms

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Grande Asset Hotels And Property PCL (BKK:GRAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grande Asset Hotels And Property PCL (BKK:GRAND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Klongtoey Sub-district, Klongtoey District, Bangkok, THA, 10110

Website

https://www.grandeasset.com

Grande Asset Hotels And Property PCL is a company. operates in the hotel industry. Its operating segments include Hotel business; Rental business, and Property development business., of which prime revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Sheraton Hua Hin Pranburi Villas, Sheraton Hua Hin Resort & Spa Hotel, The Westin Grande Sukhumvit, Hyde Sukhumvit Condominium, Hua Hin Blue Lagoon Resort, and The Trendy Condominium.

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