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HGV (Hilton Grand Vacations) Debt-to-Equity : 3.64 (As of Sep. 2024)


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What is Hilton Grand Vacations Debt-to-Equity?

Hilton Grand Vacations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Hilton Grand Vacations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $6,706 Mil. Hilton Grand Vacations's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,845 Mil. Hilton Grand Vacations's debt to equity for the quarter that ended in Sep. 2024 was 3.63.

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 Hilton Grand Vacations's Debt-to-Equity or its related term are showing as below:

HGV' s Debt-to-Equity Range Over the Past 10 Years
Min: -31.63   Med: 2.56   Max: 67.5
Current: 3.64

During the past 11 years, the highest Debt-to-Equity Ratio of Hilton Grand Vacations was 67.50. The lowest was -31.63. And the median was 2.56.

HGV's Debt-to-Equity is ranked worse than
91.3% of 690 companies
in the Travel & Leisure industry
Industry Median: 0.44 vs HGV: 3.64

Hilton Grand Vacations Debt-to-Equity Historical Data

The historical data trend for Hilton Grand Vacations'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.

Hilton Grand Vacations Debt-to-Equity Chart

Hilton Grand Vacations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 5.33 2.18 1.79 2.17

Hilton Grand Vacations 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 2.17 3.38 3.50 3.64

Competitive Comparison of Hilton Grand Vacations's Debt-to-Equity

For the Resorts & Casinos subindustry, Hilton Grand Vacations'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.


Hilton Grand Vacations's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hilton Grand Vacations's Debt-to-Equity falls into.



Hilton Grand Vacations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hilton Grand Vacations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hilton Grand Vacations's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Hilton Grand Vacations  (NYSE:HGV) 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.


Hilton Grand Vacations Debt-to-Equity Related Terms

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


Hilton Grand Vacations Business Description

Traded in Other Exchanges
Address
6355 MetroWest Boulevard, Suite 180, Orlando, FL, USA, 32835
Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing, and operating timeshare resorts, timeshare plans, and ancillary reservation services, under the Hilton Grand Vacations brand. The company operates business in the following two segments: (i) Real estate sales and financing and (ii) Resort operations and club management. The majority of the company's revenue is earned through the Real estate sales and financing segment, which generates revenue from VOI sales, and Financing.
Executives
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Corbin Charles R. Jr. officer: EVP & General Counsel C/O HILTON GRAND VACATIONS INC., 6355 METROWEST BOULEVARD, SUITE 180, ORLANDO FL 32835
Jorge Pablo Brizi officer: See Remarks 5323 MILLENIA LAKES BOULEVARD, SUITE120, ORLANDO FL 32839
Carlos Hernandez officer: See Remarks 5323 MILLENIA LAKES BOULEVARD, SUITE 120, ORLANDO FL 32839
David William Johnson director 4100 MIDWAY ROAD, SUITE 2115, CARROLLTON TX 75007
Mark D Wang director, officer: See Remarks 5323 MILLENIA LAKES BLVD, ORLANDO FL 32801
Brenda J Bacon director 909 COMMERCE ROAD, ANNAPOLIS MD 21403
Gordon Gurnik officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Daniel Jason Mathewes officer: See Remarks 5323 MILLENIA LAKES BLVD., SUITE 400, ORLANDO FL 32839
Ap Viii Dakota Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
David Sambur director 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Ap Dakota Co-invest Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Hoek Alex Van director APOLLO GLOBAL MANAGEMENT INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 100019
Apollo Capital Management Viii, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Advisors Viii, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577