Hollywood Bowl Group (LSE:BOWL) Debt-to-Equity : 1.31 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Hollywood Bowl Group Debt-to-Equity?

Hollywood Bowl Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £12.6 Mil. Hollywood Bowl Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £181.7 Mil. Hollywood Bowl Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £147.9 Mil. Hollywood Bowl Group's debt to equity for the quarter that ended in Sep. 2023 was 1.31.

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 Hollywood Bowl Group's Debt-to-Equity or its related term are showing as below:

LSE:BOWL' s Debt-to-Equity Range Over the Past 10 Years
Min: -327.35 Med: 0.36 Max: 2.76
Current: 1.31

During the past 11 years, the highest Debt-to-Equity Ratio of Hollywood Bowl Group was 2.76. The lowest was -327.35. And the median was 0.36.

LSE:BOWL's Debt-to-Equity is ranked worse than
75% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs LSE:BOWL: 1.31

Hollywood Bowl Group Debt-to-Equity Historical Data

The historical data trend for Hollywood Bowl Group'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.

Hollywood Bowl Group Debt-to-Equity Chart

Hollywood Bowl Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.26

2.76

1.66

1.36

1.31

Hollywood Bowl Group Semi-Annual Data
	Sep13	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial														1.66	1.31	1.36	1.38	1.31

Competitive Comparison of Hollywood Bowl Group's Debt-to-Equity

For the Leisure subindustry, Hollywood Bowl Group'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.

Hollywood Bowl Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hollywood Bowl Group's Debt-to-Equity falls into.

Hollywood Bowl Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hollywood Bowl Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(12.553	+	181.652)	/	147.94
	=	1.31

Hollywood Bowl Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(12.553	+	181.652)	/	147.94
	=	1.31

Hollywood Bowl Group (LSE:BOWL) 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.

Hollywood Bowl Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hollywood Bowl Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Hollywood Bowl Group (LSE:BOWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hollywood Bowl Group PLC (LSE:BOWL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BOWLl:UK 2H4:Germany

Address

Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW

Website

https://www.hollywoodbowlgroup.com

Hollywood Bowl Group PLC is a ten-pin bowling operator across the United Kingdom under the Hollywood Bowl, Splitsville and Puttstars brands. The company specializes in operating bowling centres, located on out of town multi-use leisure parks and large retail parks with all of the centres occupied by the company on a leasehold basis. The centres are designed to offer a complete family entertainment experience with each centre offering bowling lanes, on-site dining, licensed bars, and family games arcades. The company has two reporting segments, being the provision of ten-pin bowling and mini-golf centres in the United Kingdom which generates the majority of the revenue, and the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada.