Jindal Hotels (BOM:507981) Debt-to-Equity : 2.53 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Jindal Hotels Debt-to-Equity?

Jindal Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹42.2 Mil. Jindal Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹495.1 Mil. Jindal Hotels's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹212.8 Mil. Jindal Hotels's debt to equity for the quarter that ended in Mar. 2024 was 2.52.

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 Jindal Hotels's Debt-to-Equity or its related term are showing as below:

BOM:507981' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.79 Med: 2.23 Max: 3.74
Current: 2.53

During the past 13 years, the highest Debt-to-Equity Ratio of Jindal Hotels was 3.74. The lowest was 1.79. And the median was 2.23.

BOM:507981's Debt-to-Equity is ranked worse than
86.23% of 690 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs BOM:507981: 2.53

Jindal Hotels Debt-to-Equity Historical Data

The historical data trend for Jindal Hotels'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.

Jindal Hotels Debt-to-Equity Chart

Jindal Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.79

3.06

3.74

3.15

2.53

Jindal Hotels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															3.15	N/A	3.22	N/A	2.53

Competitive Comparison of Jindal Hotels's Debt-to-Equity

For the Lodging subindustry, Jindal Hotels'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.

Jindal Hotels's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Jindal Hotels's Debt-to-Equity falls into.

Jindal Hotels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jindal Hotels's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(42.2	+	495.07)	/	212.802
	=	2.52

Jindal Hotels's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(42.2	+	495.07)	/	212.802
	=	2.52

Jindal Hotels (BOM:507981) 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.

Jindal Hotels Debt-to-Equity Related Terms

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

Jindal Hotels (BOM:507981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jindal Hotels Ltd (BOM:507981) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

GRAND MERCURE Vadodara Surya Palace, Sayajigunj, Vadodara, GJ, IND, 390020

Website

https://www.suryapalace.com

Jindal Hotels Ltd is engaged in providing food and beverage, wine, and accommodation services. The company operates in a single segment namely Hoteliering. It is in the business of operating a three-star category hotel namely Hotel Surya Palace, and Restaurant which includes the Azure restaurant. The company operates a business hotel in Vadodara city with approximately 143 guest rooms, 6 large and medium banquet halls, a boardroom, a restaurant, a swimming pool, a health club, a liquor shop, and various other amenities.

Jindal Hotels (BOM:507981) Headlines

No Headlines