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Tourism Holdings (NZSE:THL) Debt-to-Asset : 0.43 (As of Dec. 2023)


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What is Tourism Holdings Debt-to-Asset?

Tourism Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$130.7 Mil. Tourism Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$470.4 Mil. Tourism Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was NZ$1,408.8 Mil. Tourism Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.43.


Tourism Holdings Debt-to-Asset Historical Data

The historical data trend for Tourism Holdings's Debt-to-Asset 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.

Tourism Holdings Debt-to-Asset Chart

Tourism Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 0.30 0.30 0.39

Tourism Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 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 0.26 0.30 0.37 0.39 0.43

Competitive Comparison of Tourism Holdings's Debt-to-Asset

For the Recreational Vehicles subindustry, Tourism Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Tourism Holdings's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's Debt-to-Asset falls into.



Tourism Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tourism Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(132.614 + 391.969) / 1350.557
=0.39

Tourism Holdings's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(130.723 + 470.395) / 1408.801
=0.43

* 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.


Tourism Holdings  (NZSE:THL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tourism Holdings Debt-to-Asset Related Terms

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Tourism Holdings (NZSE:THL) Business Description

Traded in Other Exchanges
Address
83 Beach Road, Level 1, P.O. Box 4293, The Beach House, Auckland, NTL, NZL, 1010
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals; United States Rentals and other. It generates maximum revenue from United States Rentals segment. United States Rentals segment includes rental and sale of Road Bear, Britz, Mighty and El Monte RVs.

Tourism Holdings (NZSE:THL) Headlines

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