Oriental Hotels (BOM:500314) LT-Debt-to-Total-Asset : 0.15 (As of Mar. 2024)

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What is Oriental Hotels LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Oriental Hotels's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.15.

Oriental Hotels's long-term debt to total assets ratio declined from Mar. 2023 (0.22) to Mar. 2024 (0.15). It may suggest that Oriental Hotels is progressively becoming less dependent on debt to grow their business.

Oriental Hotels LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oriental Hotels's LT-Debt-to-Total-Asset 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.

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Oriental Hotels LT-Debt-to-Total-Asset Chart

Oriental Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.25

0.30

0.32

0.22

0.15

Oriental Hotels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	-	0.20	-	0.15

Oriental Hotels LT-Debt-to-Total-Asset Calculation

Oriental Hotels's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1335.7	/	8901.7
	=	0.15

Oriental Hotels's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1335.7	/	8901.7
	=	0.15

Oriental Hotels (BOM:500314) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Oriental Hotels LT-Debt-to-Total-Asset Related Terms

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Oriental Hotels (BOM:500314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Oriental Hotels Ltd (BOM:500314) » Definitions » LT-Debt-to-Total-Asset

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ORIENTHOT:India

Address

No. 37, Mahatma Gandhi Road, Taj Coromandel, Nugambakkam, Chennai, TN, IND, 600034

Website

http://www.orientalhotels.co.in

Oriental Hotels Ltd operates hotels. Some of its hotels are Taj Malabar Resort and Spa, Taj Fisherman's Cove Resort and Spa, and Taj Coromandel, and others. The company generates its revenue from providing Rooms, Food, Beverage and Banquets services, and Space and shop rentals among others. Geographically, it generates a majority of its revenue from India.

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