The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Debt-to-Equity : 0.51 (As of Dec. 2023)

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What is The Hongkong and Shanghai Hotels Debt-to-Equity?

The Hongkong and Shanghai Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $340 Mil. The Hongkong and Shanghai Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,048 Mil. The Hongkong and Shanghai Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,645 Mil. The Hongkong and Shanghai Hotels's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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 The Hongkong and Shanghai Hotels's Debt-to-Equity or its related term are showing as below:

HKSHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.27 Max: 0.51
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of The Hongkong and Shanghai Hotels was 0.51. The lowest was 0.15. And the median was 0.27.

HKSHF's Debt-to-Equity is ranked worse than
51.52% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs HKSHF: 0.51

The Hongkong and Shanghai Hotels Debt-to-Equity Historical Data

The historical data trend for The Hongkong and Shanghai 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.

The Hongkong and Shanghai Hotels Debt-to-Equity Chart

The Hongkong and Shanghai Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.39

0.45

0.50

0.51

The Hongkong and Shanghai Hotels Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.45	0.45	0.50	0.54	0.51

Competitive Comparison of The Hongkong and Shanghai Hotels's Debt-to-Equity

For the Lodging subindustry, The Hongkong and Shanghai 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.

The Hongkong and Shanghai Hotels's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

The Hongkong and Shanghai Hotels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Hongkong and Shanghai Hotels'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
	=	(339.701	+	2047.94)	/	4645.317
	=	0.51

The Hongkong and Shanghai Hotels'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
	=	(339.701	+	2047.94)	/	4645.317
	=	0.51

The Hongkong and Shanghai Hotels (OTCPK:HKSHF) 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.

The Hongkong and Shanghai Hotels Debt-to-Equity Related Terms

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The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Hongkong and Shanghai Hotels Ltd (OTCPK:HKSHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HKSHY:USA 00045:Hong Kong HSG:Germany

Address

2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG

Website

https://www.hshgroup.com

The Hongkong and Shanghai Hotels Ltd is a hotel owner and operator, domiciled in Hong Kong. The company organises itself into three segments: hotels, commercial properties, and clubs and services. The hotel's segment, which contributes the vast majority of consolidated revenue, includes the company's hotel operations under The Peninsula brand in major cities across the globe, the most significant of which is The Peninsula Hong Kong. The commercial properties segment leases office buildings, residential apartments and retail spaces. Clubs and services operate golf courses, wholesales food, and provides laundry services. Geographically, domestic operations are the most significant contributor to company revenue, followed by Other Asia, and the U.S. and Europe.

The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Headlines

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