TGB Banquets & Hotels (BOM:532845) Debt-to-Asset : 0.15 (As of Sep. 2024)

TGB Banquets & Hotels Debt-to-Asset Chart

TGB Banquets & Hotels Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Debt-to-Asset		Get a 7-Day Free Trial					0.08	0.07	0.15	0.13	0.07

TGB Banquets & Hotels Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.12	-	0.07	-	0.15

Competitive Comparison of TGB Banquets & Hotels's Debt-to-Asset

For the Lodging subindustry, TGB Banquets & Hotels's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

TGB Banquets & Hotels's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TGB Banquets & Hotels's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TGB Banquets & Hotels's Debt-to-Asset falls into.

TGB Banquets & Hotels Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TGB Banquets & Hotels's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

TGB Banquets & Hotels's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

* 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.

TGB Banquets & Hotels  (BOM:532845) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

TGB Banquets & Hotels Debt-to-Asset Related Terms

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TGB Banquets & Hotels Business Description