Advani Hotels & Resorts (India) (BOM:523269) Debt-to-Equity : 0.02 (As of Sep. 2024)

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What is Advani Hotels & Resorts (India) Debt-to-Equity?

Advani Hotels & Resorts (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹9.2 Mil. Advani Hotels & Resorts (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹3.7 Mil. Advani Hotels & Resorts (India)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹675.0 Mil. Advani Hotels & Resorts (India)'s debt to equity for the quarter that ended in Sep. 2024 was 0.02.

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 Advani Hotels & Resorts (India)'s Debt-to-Equity or its related term are showing as below:

BOM:523269' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.36
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Advani Hotels & Resorts (India) was 0.36. The lowest was 0.01. And the median was 0.02.

BOM:523269's Debt-to-Equity is ranked better than
96.08% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.44 vs BOM:523269: 0.02

Advani Hotels & Resorts (India) Debt-to-Equity Historical Data

The historical data trend for Advani Hotels & Resorts (India)'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.

Advani Hotels & Resorts (India) Debt-to-Equity Chart

Advani Hotels & Resorts (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.03

0.02

0.03

Advani Hotels & Resorts (India) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	N/A	0.03	N/A	0.02

Competitive Comparison of Advani Hotels & Resorts (India)'s Debt-to-Equity

For the Lodging subindustry, Advani Hotels & Resorts (India)'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.

Advani Hotels & Resorts (India)'s Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Advani Hotels & Resorts (India)'s Debt-to-Equity falls into.

Advani Hotels & Resorts (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advani Hotels & Resorts (India)'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
	=	(14.595	+	5.162)	/	718.873
	=	0.03

Advani Hotels & Resorts (India)'s Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(9.184	+	3.747)	/	674.992
	=	0.02

Advani Hotels & Resorts (India) (BOM:523269) 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.

Advani Hotels & Resorts (India) Debt-to-Equity Related Terms

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

Advani Hotels & Resorts (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advani Hotels & Resorts (India) Ltd (BOM:523269) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ADVANIHOTR:India

Address

18A & 18B, Jolly Maker Chambers II, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.caravelabeachresortgoa.com

Advani Hotels & Resorts (India) Ltd is engaged in the lodging business sector. The company provides rooms, food and beverage, and liquor. The organization owns and operates the five-star deluxe resort "Caravela Beach Resort" in Goa. The company generates the majority of its revenue from room sales followed by food sales, and Wine, Liquor and Other beverages.

Advani Hotels & Resorts (India) Headlines

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