Bloomberry Resorts (PHS:BLOOM) Debt-to-Equity : 1.96 (As of Dec. 2023)

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What is Bloomberry Resorts Debt-to-Equity?

Bloomberry Resorts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱8,857 Mil. Bloomberry Resorts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱86,023 Mil. Bloomberry Resorts's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱48,377 Mil. Bloomberry Resorts's debt to equity for the quarter that ended in Dec. 2023 was 1.96.

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 Bloomberry Resorts's Debt-to-Equity or its related term are showing as below:

PHS:BLOOM' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.07 Med: 1.83 Max: 2.75
Current: 1.96

During the past 13 years, the highest Debt-to-Equity Ratio of Bloomberry Resorts was 2.75. The lowest was 1.07. And the median was 1.83.

PHS:BLOOM's Debt-to-Equity is ranked worse than
83.38% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs PHS:BLOOM: 1.96

Bloomberry Resorts Debt-to-Equity Historical Data

The historical data trend for Bloomberry Resorts'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.

Bloomberry Resorts Debt-to-Equity Chart

Bloomberry Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.57

2.08

2.71

2.75

1.96

Bloomberry Resorts 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															2.75	2.52	2.46	2.32	1.96

Competitive Comparison of Bloomberry Resorts's Debt-to-Equity

For the Resorts & Casinos subindustry, Bloomberry Resorts'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.

Bloomberry Resorts's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Bloomberry Resorts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bloomberry Resorts'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
	=	(8856.717	+	86023.113)	/	48376.572
	=	1.96

Bloomberry Resorts'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
	=	(8856.717	+	86023.113)	/	48376.572
	=	1.96

Bloomberry Resorts (PHS:BLOOM) 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.

Bloomberry Resorts Debt-to-Equity Related Terms

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Bloomberry Resorts (PHS:BLOOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bloomberry Resorts Corp (PHS:BLOOM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BLBRF:USA

Address

1 Asean Avenue, The Executive Offices, Solaire Resort & Casino, Entertainment City, Tambo, Paranaque, PHL, 1701

Website

https://www.bloomberry.ph

Bloomberry Resorts Corp is a resorts and casinos company that owns and manages various properties. The company has one primary business segment, Integrated Resort Facility, that develops tourist facilities such as casino-entertainment complexes, hotels, and retail chains. The company's casinos possess both gaming tables and electronic gaming machines. The company owns and operates casinos such as the Solaire Resort & Casino, Jeju Sun Hotel & Casino, and Sky Tower. It generates the vast majority of its revenue in the Philippines.

Bloomberry Resorts (PHS:BLOOM) Headlines

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