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.
BKK:GRAND-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 2.68 Max: 22.15
Current: 22.15
During the past 13 years, the highest Debt-to-Equity Ratio of Grande Asset Hotels And Property PCL was 22.15. The lowest was 0.99. And the median was 2.68.
BKK:GRAND-R's Debt-to-Equity is ranked worse than 99.44% of 718
companies
in the Travel & Leisure industry
Industry Median: 0.42
vs BKK:GRAND-R: 22.15
Grande Asset Hotels And Property PCL (BKK:GRAND-R) Debt-to-Equity Explanation
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.
Grande Asset Hotels And Property PCL Debt-to-Equity Related Terms
Grande Asset Hotels And Property PCL Debt-to-Equity Historical Data
* 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.
Grande Asset Hotels And Property PCL Debt-to-Equity Chart
BKK:GRAND-R vs MAR, HLT, H: Debt-to-Equity Comparison
For the Lodging subindustry, Grande Asset Hotels And Property PCL'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.
Grande Asset Hotels And Property PCL Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Grande Asset Hotels And Property PCL's Debt-to-Equity falls into.
* 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.
Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a Debt-to-Equity of 22.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grande Asset Hotels And Property PCL and its competitors. This is 726% above median its historical median of 2.68. Over the past decade, Grande Asset Hotels And Property PCL's Debt-to-Equity has ranged from 0.99 to 22.15. According to the industry distribution chart, Grande Asset Hotels And Property PCL ranks #714 out of 718 companies in the Travel & Leisure industry, placing it in the top 99.4%.
Is Grande Asset Hotels And Property PCL's Debt-to-Equity too high?
Grande Asset Hotels And Property PCL's current Debt-to-Equity of 22.15 is 726% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 22.15. The Travel & Leisure industry median Debt-to-Equity is 0.42. Grande Asset Hotels And Property PCL's value of 22.15 is 5173.8% above this industry median. Based on the distribution chart, Grande Asset Hotels And Property PCL ranks #714 out of 718 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Grande Asset Hotels And Property PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Grande Asset Hotels And Property PCL's Debt-to-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Grande Asset Hotels And Property PCL ranks #714 out of 718 companies for Debt-to-Equity. This places Grande Asset Hotels And Property PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Grande Asset Hotels And Property PCL's value of 22.15 is 5173.8% above this benchmark. Historically, Grande Asset Hotels And Property PCL's own Debt-to-Equity has ranged from 0.99 to 22.15 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 0.42, Grande Asset Hotels And Property PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.42, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grande Asset Hotels And Property PCL's current Debt-to-Equity of 22.15 is 5173.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grande Asset Hotels And Property PCL and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grande Asset Hotels And Property PCL's current Debt-to-Equity is 22.15, which is 726% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Asset Hotels And Property PCL stock overvalued right now?
Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a current Debt-to-Equity of 22.15. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.04 — trading 71.4% below its estimated fair value. The current Debt-to-Equity is 22.15, which is 726% above median its 10-year median of 2.68 and 5173.8% above the Travel & Leisure industry median of 0.42. Grande Asset Hotels And Property PCL's overall GF Score™ is 8/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Grande Asset Hotels And Property PCL (BKK:GRAND-R), the current Debt-to-Equity is 22.15 as of Mar. 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R) Overvalued in 2026?
Based on GuruFocus' analysis, Grande Asset Hotels And Property PCL stock appears to be undervalued.
The current stock price of ฿0.04 is trading 71.4% below its estimated GF Value™ of ฿0.14.
Key valuation signals for BKK:GRAND-R:
Debt-to-Equity: 22.15 (726% above median its 10-year median of 2.68)
GF Value™: ฿0.14 vs. price of ฿0.04 (71.4% below fair value)
Industry Position: 5173.8% above the Travel & Leisure median (#714 of 718)
No single metric tells the full story. See the BKK:GRAND-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grande Asset Hotels And Property PCL Business Description
Grande Asset Hotels And Property PCL operates in the hotel industry. It is principally engaged in hotel, property development and rental businesses. The company's reportable segments include Hotel business, Rental business and Property development business. The majority of revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Hyde Heritage Thonglor, Hyde Sukhumvit 11 and Amatara Residences Rayong.
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