Mondee Holdings (Mondee Holdings) Debt-to-Equity : -1.94 (As of Mar. 2024)

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What is Mondee Holdings Debt-to-Equity?

Mondee Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $11.67 Mil. Mondee Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $157.00 Mil. Mondee Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-87.18 Mil. Mondee Holdings's debt to equity for the quarter that ended in Mar. 2024 was -1.93.

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

MONDW' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.84 Med: -4.57 Max: 19.06
Current: -1.94

During the past 4 years, the highest Debt-to-Equity Ratio of Mondee Holdings was 19.06. The lowest was -14.84. And the median was -4.57.

MONDW's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.46 vs MONDW: -1.94

Mondee Holdings Debt-to-Equity Historical Data

The historical data trend for Mondee 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.

Mondee Holdings Debt-to-Equity Chart

Mondee Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

19.06

-6.55

-4.68

-2.54

Mondee Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									-5.72	-4.46	-2.88	-2.54	-1.94

Competitive Comparison of Mondee Holdings's Debt-to-Equity

For the Travel Services subindustry, Mondee 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.

Mondee Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Mondee Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mondee Holdings'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
	=	(12.027	+	153.583)	/	-65.228
	=	-2.54

Mondee Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(11.666	+	157.002)	/	-87.179
	=	-1.93

Mondee Holdings (NAS:MONDW) 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.

Mondee Holdings Debt-to-Equity Related Terms

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Mondee Holdings (Mondee Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MOND:USA

Address

10800 Pecan Park Blvd., Suite 315, Austin, TX, USA, 78750

Website

https://www.mondee.com

Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. It provides platform technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. It has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment (transactional business serving the end travelers directly or through travel affiliates) consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.