Phoenix Township (BOM:537839) Debt-to-Equity : 1.03 (As of Mar. 2024)

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What is Phoenix Township Debt-to-Equity?

Phoenix Township's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹0.0 Mil. Phoenix Township's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹2,266.3 Mil. Phoenix Township's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹2,208.2 Mil. Phoenix Township's debt to equity for the quarter that ended in Mar. 2024 was 1.03.

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 Phoenix Township's Debt-to-Equity or its related term are showing as below:

BOM:537839' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.42 Max: 1.03
Current: 1.03

During the past 11 years, the highest Debt-to-Equity Ratio of Phoenix Township was 1.03. The lowest was 0.25. And the median was 0.42.

BOM:537839's Debt-to-Equity is ranked worse than
51.67% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs BOM:537839: 1.03

Phoenix Township Debt-to-Equity Historical Data

The historical data trend for Phoenix Township'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.

Phoenix Township Debt-to-Equity Chart

Phoenix Township Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.44

0.60

0.57

0.69

1.03

Phoenix Township 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															0.69	N/A	0.49	N/A	1.03

Competitive Comparison of Phoenix Township's Debt-to-Equity

For the Lodging subindustry, Phoenix Township'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.

Phoenix Township's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Phoenix Township Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phoenix Township'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
	=	(0	+	2266.262)	/	2208.231
	=	1.03

Phoenix Township'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
	=	(0	+	2266.262)	/	2208.231
	=	1.03

Phoenix Township (BOM:537839) 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.

Phoenix Township Debt-to-Equity Related Terms

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

Phoenix Township (BOM:537839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Phoenix Township Ltd (BOM:537839) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14, BEST Marg, Hede House, 2nd Floor, Balaji Bhavan, Colaba, Mumbai, MH, IND, 400 001

Website

https://www.hbgindia.com

Phoenix Township Ltd operates a hotel and hospitality business in India. It is principally engaged in providing services relating to the hotel business. The company's resort facilities include a swimming pool, a fitness center, an ayurvedic massage center, an efficient travel desk, and foreign exchange facilities. It generates substantial revenue from Hotel Operations-Room sales in India followed by Food & Beverages. The company operates in one business segment, which is the hotel industry, and one geographic segment, India.

Phoenix Township (BOM:537839) Headlines

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