BLLYW (Bally Total Fitness Holding) Debt-to-Equity : -0.58 (As of Jun. 2007)

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What is Bally Total Fitness Holding Debt-to-Equity?

Bally Total Fitness Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $800.78 Mil. Bally Total Fitness Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2007 was $10.50 Mil. Bally Total Fitness Holding's Total Stockholders Equity for the quarter that ended in Jun. 2007 was $-1,397.57 Mil. Bally Total Fitness Holding's debt to equity for the quarter that ended in Jun. 2007 was -0.58.

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 Bally Total Fitness Holding's Debt-to-Equity or its related term are showing as below:

BLLYW's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Bally Total Fitness Holding Debt-to-Equity Historical Data

The historical data trend for Bally Total Fitness Holding'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.

Bally Total Fitness Holding Debt-to-Equity Chart

Bally Total Fitness Holding Annual Data

Trend

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Debt-to-Equity

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-0.56

-0.51

-0.52

-0.53

-0.54

Bally Total Fitness Holding Quarterly Data
	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07
Debt-to-Equity	Get a 7-Day Free Trial															-0.51	-0.53	-0.54	-0.58	-0.58

Competitive Comparison of Bally Total Fitness Holding's Debt-to-Equity

For the Leisure subindustry, Bally Total Fitness Holding'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.

Bally Total Fitness Holding's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Bally Total Fitness Holding's Debt-to-Equity falls into.

Bally Total Fitness Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bally Total Fitness Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2006 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
	=	(513.913	+	247.434)	/	-1400.422
	=	-0.54

Bally Total Fitness Holding's Debt to Equity Ratio for the quarter that ended in Jun. 2007 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
	=	(800.782	+	10.498)	/	-1397.565
	=	-0.58

Bally Total Fitness Holding (GREY:BLLYW) 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.

Bally Total Fitness Holding Debt-to-Equity Related Terms

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Bally Total Fitness Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bally Total Fitness Holding Corp (GREY:BLLYW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8700 West Bryn Mawr Avenue, Chicago, IL, USA, 60631

Website

http://www.ballyfitness.com

Bally Total Fitness Holding is the largest commercial operator of fitness centers in the United States in terms of revenue, number of members, and square footage of facilities. The company operates more than 400 fitness centers with approximately 4 million members. Its fitness centers are generally 30,000 square feet in size and include such amenities as a workout area, sauna and steam facilities, a lap pool, free-weight rooms, aerobic-exercise rooms, an indoor jogging track, and racquetball courts.

Bally Total Fitness Holding Headlines

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