Hotel Property Investments (ASX:HPI) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Hotel Property Investments Debt-to-Equity?

Hotel Property Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.11 Mil. Hotel Property Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$467.93 Mil. Hotel Property Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$773.86 Mil. Hotel Property Investments's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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 Hotel Property Investments's Debt-to-Equity or its related term are showing as below:

ASX:HPI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.64 Max: 0.86
Current: 0.61

During the past 10 years, the highest Debt-to-Equity Ratio of Hotel Property Investments was 0.86. The lowest was 0.57. And the median was 0.64.

ASX:HPI's Debt-to-Equity is ranked better than
64.58% of 672 companies
in the REITs industry
Industry Median: 0.785 vs ASX:HPI: 0.61

Hotel Property Investments Debt-to-Equity Historical Data

The historical data trend for Hotel Property Investments'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.

Hotel Property Investments Debt-to-Equity Chart

Hotel Property Investments Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.62

0.63

0.57

0.58

Hotel Property Investments 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															0.59	0.57	0.57	0.58	0.61

Competitive Comparison of Hotel Property Investments's Debt-to-Equity

For the REIT - Diversified subindustry, Hotel Property Investments'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.

Hotel Property Investments's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hotel Property Investments's Debt-to-Equity distribution charts can be found below:

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

Hotel Property Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hotel Property Investments's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.107	+	455.29)	/	780.176
	=	0.58

Hotel Property Investments'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
	=	(0.111	+	467.927)	/	773.856
	=	0.60

Hotel Property Investments (ASX:HPI) 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.

Hotel Property Investments Debt-to-Equity Related Terms

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Hotel Property Investments (ASX:HPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hotel Property Investments (ASX:HPI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 City Road, Suite 2, Level 17, IBM Centre, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.hpitrust.com.au

Hotel Property Investments is an Australian REIT with a portfolio of freehold pub properties primarily in Queensland. Its portfolio is almost exclusively leased to Queensland Venue Co. on triple-net long-term leases where the tenant is responsible for outgoings (except land tax in Queensland), resulting in relatively low maintenance expenses. Most leases also provide for annual rental increases typically at the lower of 4% or two times the average of the last five years consumer price index.