TripAdvisor (TripAdvisor) Debt-to-Equity

: 1.05 (As of Dec. 2023)

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TripAdvisor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16 Mil. TripAdvisor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $896 Mil. TripAdvisor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $871 Mil. TripAdvisor's debt to equity for the quarter that ended in Dec. 2023 was 1.05.

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

TRIP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.3 Max: 1.21
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of TripAdvisor was 1.21. The lowest was 0.06. And the median was 0.30.

TRIP's Debt-to-Equity is ranked worse than
69.97% of 686 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs TRIP: 1.05

TripAdvisor Debt-to-Equity Historical Data

The historical data trend for TripAdvisor'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.

TripAdvisor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.14

0.72

1.21

1.08

1.05

TripAdvisor 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																1.08	1.15	1.18	1.11	1.05

Competitive Comparison

For the Travel Services subindustry, TripAdvisor'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.

TripAdvisor Debt-to-Equity Distribution

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

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

TripAdvisor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TripAdvisor'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
	=	(16	+	896)	/	871
	=	1.05

TripAdvisor'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
	=	(16	+	896)	/	871
	=	1.05

TripAdvisor (NAS:TRIP) 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.

TripAdvisor Debt-to-Equity Related Terms

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

TripAdvisor (TripAdvisor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TripAdvisor Inc (NAS:TRIP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TRIP:Mexico TRIP:Italy T6A:Germany T6A:Germany T6A:Germany T1RI34:Brazil TRIP:Austria TRIP:Argentina

Address

400 1st Avenue, Needham, MA, USA, 02494

Website

https://www.tripadvisor.com

Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2022, 65% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 33% of sales in 2022, and TheFork, its dining brand, represented 8% of revenue (about 6% of sales were intersegment, which are eliminated from consolidated revenue).

Executives

Seth J Kalvert	officer: SVP, GC, Sec.	C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Michael Noonan	officer: CFO & SVP	C/O TRIPADVISOR, INC., 400 1ST AVENUE, NEEDHAM MA 02494
Geoffrey Gouvalaris	other: Chief Accounting Officer	400 1ST AVENUE, NEEDHAM MA 02494
Ernst 02494 Teunissen	officer: Chief Financial Officer	C/O TRIPADVISOR, INC., 400 1ST AVENUE, NEEDHAM HEIGHTS MA 02494
Matt Goldberg	director, officer: CEO and President	2 WISCONSIN CIRCLE, 7TH FLOOR, CHEVY CHASE MD 20815
Jay C Hoag	director	250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Gregory B Maffei	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Kanika Soni	officer: Chief Commercial Officer	C/O TRIPADVISOR INC., 400 1ST AVENUE, NEEDHAM MA 02494
Liberty Tripadvisor Holdings, Inc.	10 percent owner	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jie Sun	director	BUILDING 16#, NO. 968 JIN ZHONG ROAD, SHANGHAI F4 200335
Lindsay Nelson	officer: Chief Experience&Brand Officer	C/O TRIPADVISOR INC., 400 FIRST AVENUE, NEEDHAM MA 02494
Pemrose Corp	director	350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Ltrip Llc	director	350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings (blockable) Llc	director	350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings Llc	director	350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017