A. Tsokkos Hotels Public (CYS:TSH) LT-Debt-to-Total-Asset: 0.35 (As of Jun. 2024)


What is A. Tsokkos Hotels Public LT-Debt-to-Total-Asset?

A. Tsokkos Hotels Public CYS:TSH LT-Debt-to-Total-Asset is 0.35 as of Jun. 2024.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. A. Tsokkos Hotels Public's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.35.

A. Tsokkos Hotels Public's long-term debt to total assets ratio declined from Jun. 2023 (0.37) to Jun. 2024 (0.35). It may suggest that A. Tsokkos Hotels Public is progressively becoming less dependent on debt to grow their business.

A. Tsokkos Hotels Public  (CYS:TSH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

A. Tsokkos Hotels Public LT-Debt-to-Total-Asset Related Terms

A. Tsokkos Hotels Public LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for A. Tsokkos Hotels Public's LT-Debt-to-Total-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.

A. Tsokkos Hotels Public LT-Debt-to-Total-Asset Chart

A. Tsokkos Hotels Public Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.38 0.42 0.37 0.36

A. Tsokkos Hotels Public Semi-Annual Data
Dec12 Dec13 Jun15 Dec15 Jun16 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-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 0.41 0.37 0.37 0.36 0.35

A. Tsokkos Hotels Public LT-Debt-to-Total-Asset Calculation

A. Tsokkos Hotels Public's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=185.444/522.042
=0.36

A. Tsokkos Hotels Public's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=181.873/527.869
=0.34

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.35 mean?
A. Tsokkos Hotels Public (CYS:TSH) has a LT-Debt-to-Total-Asset of 0.35 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on A. Tsokkos Hotels Public and its competitors.
Is A. Tsokkos Hotels Public's LT-Debt-to-Total-Asset too high?
A. Tsokkos Hotels Public's current LT-Debt-to-Total-Asset is 0.35.
How does A. Tsokkos Hotels Public's LT-Debt-to-Total-Asset compare to MAR and HLT?
A. Tsokkos Hotels Public's LT-Debt-to-Total-Asset of 0.35 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on A. Tsokkos Hotels Public and its competitors. A. Tsokkos Hotels Public's current LT-Debt-to-Total-Asset is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A. Tsokkos Hotels Public stock overvalued right now?
A. Tsokkos Hotels Public (CYS:TSH) has a current LT-Debt-to-Total-Asset of 0.35. The current LT-Debt-to-Total-Asset is 0.35. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For A. Tsokkos Hotels Public (CYS:TSH), the current LT-Debt-to-Total-Asset is 0.35 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

A. Tsokkos Hotels Public Business Description

Address 38 Nissi Avenue, P.O.Box 30221, Ayia Napa, CYP, 5341
A. Tsokkos Hotels Public operates a chain of hotels and hotel apartments. The firm operates hotels in the Cypriot towns of Protaras, Ayia Napa, Limassol, and Paphos, and in Egypt. It operates a wide range of businesses such as Hotels, Land Developing, Real Estate, Properties, Restaurants, and Leisure.