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Taj GVK Hotels & Resorts (BOM:532390) Liabilities-to-Assets : 0.33 (As of Mar. 2024)


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What is Taj GVK Hotels & Resorts Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Taj GVK Hotels & Resorts's Total Liabilities for the quarter that ended in Mar. 2024 was ₹2,698 Mil. Taj GVK Hotels & Resorts's Total Assets for the quarter that ended in Mar. 2024 was ₹8,176 Mil. Therefore, Taj GVK Hotels & Resorts's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.33.


Taj GVK Hotels & Resorts Liabilities-to-Assets Historical Data

The historical data trend for Taj GVK Hotels & Resorts's Liabilities-to-Assets 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.

Taj GVK Hotels & Resorts Liabilities-to-Assets Chart

Taj GVK Hotels & Resorts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.48 0.48 0.39 0.33

Taj GVK Hotels & Resorts Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial 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 0.39 - 0.37 - 0.33

Competitive Comparison of Taj GVK Hotels & Resorts's Liabilities-to-Assets

For the Lodging subindustry, Taj GVK Hotels & Resorts's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Taj GVK Hotels & Resorts's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Taj GVK Hotels & Resorts's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Taj GVK Hotels & Resorts's Liabilities-to-Assets falls into.



Taj GVK Hotels & Resorts Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Taj GVK Hotels & Resorts's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=2698/8175.5
=0.33

Taj GVK Hotels & Resorts's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2698/8175.5
=0.33

* 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.


Taj GVK Hotels & Resorts  (BOM:532390) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Taj GVK Hotels & Resorts Liabilities-to-Assets Related Terms

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Taj GVK Hotels & Resorts (BOM:532390) Business Description

Traded in Other Exchanges
Address
Taj Krishna, Road No. 1, Banjara Hills, Hyderabad, TG, IND, 500 034
Taj GVK Hotels & Resorts Ltd is an Indian-based company, which is engaged in the business of owning, operating and managing hotels, palaces, and resorts with the brand name TAJ. The business activities of the group include operations of rooms, restaurants, bars, and banquets. It operates a range of hotels under the Taj brand which are Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, Taj Club House, and Taj Santacruz.

Taj GVK Hotels & Resorts (BOM:532390) Headlines

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