Mac Hotels (BOM:541973) Debt-to-Equity : -1.92 (As of Sep. 2023)

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What is Mac Hotels Debt-to-Equity?

Mac Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹0.00 Mil. Mac Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹19.41 Mil. Mac Hotels's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₹-10.13 Mil. Mac Hotels's debt to equity for the quarter that ended in Sep. 2023 was -1.92.

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

BOM:541973' s Debt-to-Equity Range Over the Past 10 Years
Min: -602.85 Med: 0.62 Max: 39.67
Current: -1.92

During the past 10 years, the highest Debt-to-Equity Ratio of Mac Hotels was 39.67. The lowest was -602.85. And the median was 0.62.

BOM:541973's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.46 vs BOM:541973: -1.92

Mac Hotels Debt-to-Equity Historical Data

The historical data trend for Mac Hotels'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.

Mac Hotels Debt-to-Equity Chart

Mac Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.38

0.58

1.05

-602.85

-31.74

Mac Hotels Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										2.60	-602.85	-2.57	-31.74	-1.92

Competitive Comparison of Mac Hotels's Debt-to-Equity

For the Lodging subindustry, Mac Hotels'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.

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

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

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

Mac Hotels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mac Hotels's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(5.829	+	19.47)	/	-0.797
	=	-31.74

Mac Hotels's Debt to Equity Ratio for the quarter 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
	=	(0	+	19.407)	/	-10.127
	=	-1.92

Mac Hotels (BOM:541973) 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.

Mac Hotels Debt-to-Equity Related Terms

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

Mac Hotels (BOM:541973) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mac Hotels Ltd (BOM:541973) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beach Plaza (Annexee), Mac Corporate House, First Floor, Nomxin, Caranzalem, Ilhas, Panji, GA, IND, 403 001

Website

https://www.machotels.net

Mac Hotels Ltd is principal engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa. It operates and manages one resort under the name Resort Park Avenue in Goa. Its revenue sources comprise Room Revenue and Food and Beverage Sale.

Mac Hotels (BOM:541973) Headlines

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