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Grand Plaza Hotel (PHS:GPH) Debt-to-Equity : 0.18 (As of Mar. 2024)


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What is Grand Plaza Hotel Debt-to-Equity?

Grand Plaza Hotel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱14.6 Mil. Grand Plaza Hotel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱152.6 Mil. Grand Plaza Hotel's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱951.9 Mil. Grand Plaza Hotel's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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

PHS:GPH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.22
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Grand Plaza Hotel was 0.22. The lowest was 0.01. And the median was 0.19.

PHS:GPH's Debt-to-Equity is ranked better than
73.71% of 696 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs PHS:GPH: 0.18

Grand Plaza Hotel Debt-to-Equity Historical Data

The historical data trend for Grand Plaza Hotel'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.

Grand Plaza Hotel Debt-to-Equity Chart

Grand Plaza Hotel 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 0.20 0.21 0.19 0.18 0.17

Grand Plaza Hotel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.19 0.18 0.17 0.18

Competitive Comparison of Grand Plaza Hotel's Debt-to-Equity

For the Lodging subindustry, Grand Plaza Hotel'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.


Grand Plaza Hotel's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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



Grand Plaza Hotel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Grand Plaza Hotel's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Grand Plaza Hotel  (PHS:GPH) 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.


Grand Plaza Hotel Debt-to-Equity Related Terms

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


Grand Plaza Hotel (PHS:GPH) Business Description

Traded in Other Exchanges
N/A
Address
Roxas Boulevard corner EDSA Extension, 10th Floor, The Heritage Hotel Manila, Pasay, PHL
Grand Plaza Hotel Corp operates in the hospitality industry. The company owns, leases and manages hotels, inns, and resorts. It operates hotels that offer rooms, facilities, and amenities such as restaurants, function halls, grand ballroom, gymnasium, and outdoor swimming pool.

Grand Plaza Hotel (PHS:GPH) Headlines

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