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Online Vacation Center Holdings (Online Vacation Center Holdings) Debt-to-Equity

: 1.18 (As of Sep. 2023)
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Online Vacation Center Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.51 Mil. Online Vacation Center Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.17 Mil. Online Vacation Center Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $2.26 Mil. Online Vacation Center Holdings's debt to equity for the quarter that ended in Sep. 2023 was 1.18.

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 Online Vacation Center Holdings's Debt-to-Equity or its related term are showing as below:

ONVC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 1.18   Max: 6.24
Current: 1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Online Vacation Center Holdings was 6.24. The lowest was 0.00. And the median was 1.18.

ONVC's Debt-to-Equity is ranked worse than
72.01% of 686 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs ONVC: 1.18

Online Vacation Center Holdings Debt-to-Equity Historical Data

The historical data trend for Online Vacation Center Holdings'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.

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.21 6.24 1.72 1.18

Online Vacation Center Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 1.18 1.24 1.16 1.18

Competitive Comparison

For the Travel Services subindustry, Online Vacation Center Holdings'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.


Online Vacation Center Holdings Debt-to-Equity Distribution

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

* The bar in red indicates where Online Vacation Center Holdings's Debt-to-Equity falls into.



Online Vacation Center Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Online Vacation Center Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Online Vacation Center Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Online Vacation Center Holdings  (OTCPK:ONVC) 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.


Online Vacation Center Holdings Debt-to-Equity Related Terms

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


Online Vacation Center Holdings (Online Vacation Center Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets; and river, ocean, and land vacation packages, as well as operates a franchise that focused on travel sales through mobile agents. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travellers with websites to purchase hotel, resort, and vacation packages.
Executives
Edward Rudner director, 10 percent owner, officer: CEO & CFO 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Reginald Flosse 10 percent owner LOTISSEMENT MIRI, APT.A2, TAHIRI PUNAAUIA I4 TAHITI
David Nankin director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Daniel Joseph Rudner director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Kurt Homfelt other: President, Dunhill Vacations 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Richard Anthony Mckinnon director 4404 DRUID LANE, DALLAS TX 75205
Brian P Froelich director 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Simon Todd officer: Vice President 1801 NW 66 AVENUE, PLANTATION FL 33313
Frank D Bracken director 1801 N.W. 66 AVENUE, SUITE 102, PLANTATION FL 33313
Mary Louise Ruderman officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Brenda Josowitz officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
William A Cataldo 10 percent owner SUITE 912 EXECUTIVE CENTER,, 1088 BISHOP STREET, HONOLULU HI 96813
Alan Rubin director, 10 percent owner, officer: CEO and CFO (see remarks) 334 FAIRMONT ROAD, WESTON FL 33326

Online Vacation Center Holdings (Online Vacation Center Holdings) Headlines

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