Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Debt-to-Equity : 0.68 (As of Jun. 2023)

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What is Hoteles City ExpressB de CV Debt-to-Equity?

Hoteles City ExpressB de CV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $38.0 Mil. Hoteles City ExpressB de CV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $238.2 Mil. Hoteles City ExpressB de CV's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $404.3 Mil. Hoteles City ExpressB de CV's debt to equity for the quarter that ended in Jun. 2023 was 0.68.

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 Hoteles City ExpressB de CV's Debt-to-Equity or its related term are showing as below:

HOCXF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.49 Max: 1.13
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Hoteles City ExpressB de CV was 1.13. The lowest was 0.26. And the median was 0.49.

HOCXF's Debt-to-Equity is ranked worse than
60.14% of 690 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HOCXF: 0.68

Hoteles City ExpressB de CV Debt-to-Equity Historical Data

The historical data trend for Hoteles City ExpressB de CV'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.

Hoteles City ExpressB de CV Debt-to-Equity Chart

Hoteles City ExpressB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.56

0.80

1.13

1.06

1.01

Hoteles City ExpressB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.95	0.93	1.01	0.97	0.68

Competitive Comparison of Hoteles City ExpressB de CV's Debt-to-Equity

For the Lodging subindustry, Hoteles City ExpressB de CV'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.

Hoteles City ExpressB de CV's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteles City ExpressB de CV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hoteles City ExpressB de CV's Debt-to-Equity falls into.

Hoteles City ExpressB de CV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoteles City ExpressB de CV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(36.107	+	278.424)	/	310.952
	=	1.01

Hoteles City ExpressB de CV's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
	=	(38.028	+	238.189)	/	404.253
	=	0.68

Hoteles City ExpressB de CV (OTCPK:HOCXF) 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.

Hoteles City ExpressB de CV Debt-to-Equity Related Terms

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Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteles City Express SAB de CV (OTCPK:HOCXF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HCITY:Mexico

Address

Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05300

Website

http://www.hotelescity.com

Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.