TPS Eastern Africa (NAI:TPSE) Debt-to-Equity : 0.53 (As of Dec. 2022)

View and export this data going back to 2006. Start your Free Trial

What is TPS Eastern Africa Debt-to-Equity?

TPS Eastern Africa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was KES832 Mil. TPS Eastern Africa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was KES3,897 Mil. TPS Eastern Africa's Total Stockholders Equity for the quarter that ended in Dec. 2022 was KES8,861 Mil. TPS Eastern Africa's debt to equity for the quarter that ended in Dec. 2022 was 0.53.

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 TPS Eastern Africa's Debt-to-Equity or its related term are showing as below:

NAI:TPSE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.53 Max: 0.94
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of TPS Eastern Africa was 0.94. The lowest was 0.18. And the median was 0.53.

NAI:TPSE's Debt-to-Equity is ranked worse than
53.76% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs NAI:TPSE: 0.53

TPS Eastern Africa Debt-to-Equity Historical Data

The historical data trend for TPS Eastern Africa'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.

TPS Eastern Africa Debt-to-Equity Chart

TPS Eastern Africa Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.57

0.59

0.82

0.94

0.53

TPS Eastern Africa Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial										0.57	0.59	0.82	0.94	0.53

Competitive Comparison of TPS Eastern Africa's Debt-to-Equity

For the Lodging subindustry, TPS Eastern Africa'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.

TPS Eastern Africa's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where TPS Eastern Africa's Debt-to-Equity falls into.

TPS Eastern Africa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TPS Eastern Africa'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
	=	(832.342	+	3896.879)	/	8860.888
	=	0.53

TPS Eastern Africa's Debt to Equity Ratio for the quarter 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
	=	(832.342	+	3896.879)	/	8860.888
	=	0.53

TPS Eastern Africa (NAI:TPSE) 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.

TPS Eastern Africa Debt-to-Equity Related Terms

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

TPS Eastern Africa (NAI:TPSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TPS Eastern Africa Ltd (NAI:TPSE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Ngong Avenue, P.O. Box 48690, 4th Floor, Williamson House, Nairobi, KEN, 00100

Website

https://www.serenahotels.com

TPS Eastern Africa Ltd is a Kenya based company and along with its subsidiaries own and operates hotel and lodge facilities in Eastern Africa. In terms of the segment, the business has three operating segments that are Kenya Hotels and Lodges, Tanzania Lodges, and Uganda Hotels; out of which Kenya Hotels and Lodges generate maximum revenue for the company. Geographically the company has diversified its business to Uganda, Tanzania, and Kenya. The company is also interested in performing promotion activities for its hotels through its subsidiaries.

TPS Eastern Africa (NAI:TPSE) Headlines

No Headlines