Booking Holdings (FRA:PCE) Debt-to-Asset : 0.70 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:PCE Booking Holdings Inc FRA:PCE
97 GF Score
Price €19.90
GF Value €22.10
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Booking Holdings Debt-to-Asset?

Booking Holdings FRA:PCE -1.50% 97 Debt-to-Asset is 0.70 as of Jun. 2026. GuruFocus rates FRA:PCE with a GF Score™ of 97/100 and a GF Value™ of €22.10 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Booking Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,736 Mil. Booking Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €16,226 Mil. Booking Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was €25,764 Mil. Booking Holdings's debt to asset for the quarter that ended in Jun. 2026 was 0.70.

Booking Holdings  (FRA:PCE) 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.

Booking Holdings Debt-to-Asset Related Terms

Booking Holdings Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Booking Holdings's Debt-to-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.

Booking Holdings Debt-to-Asset Chart

Booking Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.51 0.61 0.62 0.66

Booking Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.62 0.61 0.66 0.68 0.70

FRA:PCE vs ABNB, RCL, EXPE: Debt-to-Asset Comparison

For the Travel Services subindustry, Booking Holdings'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.

Booking Holdings Debt-to-Asset vs Travel & Leisure Industry

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

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


FRA:PCE
97GF Score
Booking Holdings Inc FRA:PCE
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Booking Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Booking Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1605.52 + 14870.702) / 24991.456
=0.66

Booking Holdings's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1736 + 16226.392) / 25763.976
=0.70

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.70 mean?
Booking Holdings (FRA:PCE) has a Debt-to-Asset of 0.70 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Booking Holdings and its competitors.
Is Booking Holdings' Debt-to-Asset too high?
Booking Holdings' current Debt-to-Asset is 0.70. Overall, Booking Holdings has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Booking Holdings' Debt-to-Asset compare to ABNB and RCL?
Booking Holdings' Debt-to-Asset of 0.70 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Travel & Leisure company?
A good Debt-to-Asset depends on the Travel & Leisure industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Booking Holdings and its competitors. Booking Holdings's current Debt-to-Asset is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Booking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Booking Holdings (FRA:PCE) is currently considered Modestly Undervalued. The stock's GF Value™ is €22.10, compared to a current price of €19.90 — trading 10% below its estimated fair value. The current Debt-to-Asset is 0.70. Booking Holdings' overall GF Score™ is 97/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Booking Holdings (FRA:PCE), the current Debt-to-Asset is 0.70 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Booking Holdings (FRA:PCE) Overvalued in 2026?

Based on GuruFocus' analysis, Booking Holdings stock appears to be undervalued. The current stock price of €19.90 is trading 10% below its estimated GF Value™ of €22.10. GuruFocus considers Booking Holdings to be Modestly Undervalued.

Key valuation signals for FRA:PCE:

  • Debt-to-Asset: 0.70
  • GF Value™: €22.10 vs. price of €19.90 (10% below fair value)
  • GF Score™: 97/100 with 4 warning signs

No single metric tells the full story. See the FRA:PCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Booking Holdings Business Description

Address 800 Connecticut Avenue, Norwalk, CT, USA, 06854
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airlines, rental cars, restaurants, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, Rentalcars.com, and Kayak. Transaction fees for online bookings account for the bulk of revenue and profits.
97GF Score

Get the complete analysis for FRA:PCE

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.90
Price
€22.10
GF Value