Trans Asia Hotels (COL:TRAN.N0000) Debt-to-Equity : 0.14 (As of Dec. 2024)

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What is Trans Asia Hotels Debt-to-Equity?

Trans Asia Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was රු963 Mil. Trans Asia Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was රු0 Mil. Trans Asia Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2024 was රු6,761 Mil. Trans Asia Hotels's debt to equity for the quarter that ended in Dec. 2024 was 0.14.

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

COL:TRAN.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: 0.23
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Trans Asia Hotels was 0.23. The lowest was 0.01. And the median was 0.09.

COL:TRAN.N0000's Debt-to-Equity is ranked better than
78.52% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs COL:TRAN.N0000: 0.14

Trans Asia Hotels Debt-to-Equity Historical Data

The historical data trend for Trans Asia 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.

Trans Asia Hotels Debt-to-Equity Chart

Trans Asia Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.04

0.08

0.12

0.19

0.21

Trans Asia Hotels Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.21	0.20	0.19	0.14

Competitive Comparison of Trans Asia Hotels's Debt-to-Equity

For the Lodging subindustry, Trans Asia 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.

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

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

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

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Trans Asia Hotels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trans Asia 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
	=	(1325.408	+	0)	/	6362.166
	=	0.21

Trans Asia Hotels's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(962.513	+	0)	/	6760.832
	=	0.14

Trans Asia Hotels (COL:TRAN.N0000) 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.

Trans Asia Hotels Debt-to-Equity Related Terms

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

Trans Asia Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trans Asia Hotels PLC (COL:TRAN.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115, Sir Chittampalam, A. Gardiner Mawatha, Colombo, LKA, 02

Website

https://www.cinnamonhotels.com

Trans Asia Hotels PLC is a Sri Lanka-based company engaged in the hotel business. The company has two reportable segments namely Hotel and Investment properties. It generates maximum revenue from the Hotel segment. The company offers facilities such as soothing spas, ayurvedic treatment centers, rooms, bars, lounges, coffee shops, restaurants, and entertainment spaces combined with star-class service and inspired interiors, giving a heady combination of refreshingly authentic experiences.

Trans Asia Hotels Headlines

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