Regal Hotels International Holdings (HKSE:00078) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2023)

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What is Regal Hotels International Holdings 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. Regal Hotels International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.46.

Regal Hotels International Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.27) to Dec. 2023 (0.46). It may suggest that Regal Hotels International Holdings is progressively becoming more dependent on debt to grow their business.

Regal Hotels International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Regal Hotels International Holdings'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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Regal Hotels International Holdings LT-Debt-to-Total-Asset Chart

Regal Hotels International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.43

0.18

0.43

0.27

0.46

Regal Hotels International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.43	0.27	0.39	0.46

Regal Hotels International Holdings LT-Debt-to-Total-Asset Calculation

Regal Hotels International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	13220.6	/	28518.7
	=	0.46

Regal Hotels International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	13220.6	/	28518.7
	=	0.46

Regal Hotels International Holdings (HKSE:00078) 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.

Regal Hotels International Holdings LT-Debt-to-Total-Asset Related Terms

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Regal Hotels International Holdings (HKSE:00078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Regal Hotels International Holdings Ltd (HKSE:00078) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, 11th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.regal.com.hk

Regal Hotels International Holdings Ltd is a holding company. The firm through its subsidiaries is engaged in hotel operation and management businesses. The company has six reportable segments which are Hotel Operation and Management and Hotel Ownership segment; Asset Management; Property Development and Investment; Financial Assets Investments; Aircraft Ownership and Leasing; and Others segment mainly comprise travel agency services. The company has a presence in Hong Kong, Mainland China, and others. Geographically, it receives maximum revenue from Hong Kong.

Executives

H.p. Nominees Limited

2101 Beneficial owner

Regal Hotels International Holdings (HKSE:00078) Headlines

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