Saj Hotels (NSE:SAJHOTELS) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Saj Hotels Debt-to-Equity?

Saj Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹25.91 Mil. Saj Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹3.25 Mil. Saj Hotels's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₹890.92 Mil. Saj Hotels's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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

NSE:SAJHOTELS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.47
Current: 0.03

During the past 4 years, the highest Debt-to-Equity Ratio of Saj Hotels was 0.47. The lowest was 0.03. And the median was 0.10.

NSE:SAJHOTELS's Debt-to-Equity is ranked better than
93.62% of 705 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs NSE:SAJHOTELS: 0.03

Saj Hotels Debt-to-Equity Historical Data

The historical data trend for Saj 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.

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Saj Hotels Debt-to-Equity Chart

Saj Hotels Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

0.47

0.13

0.07

0.03

Saj Hotels Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Debt-to-Equity	0.47	0.13	0.07	0.03

Competitive Comparison of Saj Hotels's Debt-to-Equity

For the Resorts & Casinos subindustry, Saj 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.

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

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

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

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Saj Hotels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saj 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
	=	(25.906	+	3.246)	/	890.921
	=	0.03

Saj Hotels'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
	=	(25.906	+	3.246)	/	890.921
	=	0.03

Saj Hotels (NSE:SAJHOTELS) 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.

Saj Hotels Debt-to-Equity Related Terms

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Saj Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Saj Hotels Ltd (NSE:SAJHOTELS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bajaj Road, Office no. 102, 1st Floor, Navkar Plaza Premises Coop Society Ltd, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.sajresort.com

Saj Hotels Ltd is engaged in the Hospitality industry. The company provides a diverse portfolio of Business-to-Business, Business-to-business-to-customer, and Business-to-Customer hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. It focuses on providing comprehensive services to guests, including food and beverage options, recreational facilities and event-hosting capabilities, reflecting a commitment to ensuring a memorable experience for its visitors. It offers various accommodation options across various destinations, each tailored to provide comfort and convenience. Its resorts have well-appointed rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services.

Saj Hotels Headlines

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