Ryman Hospitality Properties (FRA:4RH) LT-Debt-to-Total-Asset : 0.69 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Ryman Hospitality Properties LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ryman Hospitality Properties's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.69.

Ryman Hospitality Properties's long-term debt to total assets ratio declined from Mar. 2023 (0.74) to Mar. 2024 (0.69). It may suggest that Ryman Hospitality Properties is progressively becoming less dependent on debt to grow their business.

Ryman Hospitality Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ryman Hospitality Properties's LT-Debt-to-Total-Asset 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.

Ryman Hospitality Properties LT-Debt-to-Total-Asset Chart

Ryman Hospitality Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.65

0.78

0.80

0.74

0.68

Ryman Hospitality Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.74	0.70	0.69	0.68	0.69

Ryman Hospitality Properties LT-Debt-to-Total-Asset Calculation

Ryman Hospitality Properties's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3215.14	/	4757.888
	=	0.68

Ryman Hospitality Properties's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3227.354	/	4682.155
	=	0.69

Ryman Hospitality Properties (FRA:4RH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ryman Hospitality Properties LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Ryman Hospitality Properties's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ryman Hospitality Properties (FRA:4RH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ryman Hospitality Properties Inc (FRA:4RH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RHP:USA

Address

One Gaylord Drive, Nashville, TN, USA, 37214

Website

https://www.rymanhp.com

Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.

Ryman Hospitality Properties (FRA:4RH) Headlines

No Headlines