Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Travel+Leisure Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-918 Mil. Travel+Leisure Co's Total Assets for the quarter that ended in Dec. 2023 was $6,738 Mil.
Therefore, Travel+Leisure Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.14.
The historical rank and industry rank for Travel+Leisure Co's Equity-to-Asset or its related term are showing as below:
TNL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.14 Med: -0.08 Max: 0.13
Current: -0.14
During the past 13 years, the highest Equity to Asset Ratio of Travel+Leisure Co was 0.13. The lowest was -0.14. And the median was -0.08.
TNL's Equity-to-Asset is ranked worse than 93.33% of 840
companies
in the Travel & Leisure industry
Industry Median: 0.465
vs TNL: -0.14
Travel+Leisure Co Equity-to-Asset Historical Data
The historical data trend for Travel+Leisure Co's Equity-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.
Competitive Comparison of Travel+Leisure Co's Equity-to-Asset
For the Travel Services subindustry, Travel+Leisure Co's Equity-to-Asset, along with its competitors' market caps and Equity-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.
Travel+Leisure Co's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Travel+Leisure Co's Equity-to-Asset falls into.
Travel+Leisure Co Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Travel+Leisure Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
Travel+Leisure Co (NYSE:TNL) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Travel+Leisure Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Travel+Leisure Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Travel+Leisure Co (Travel+Leisure Co) Business Description
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TNL has been successfully added to your 