International Hotel Investments (MAL:IHI) LT-Debt-to-Total-Asset : 0.34 (As of Jun. 2024)

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What is International Hotel Investments LT-Debt-to-Total-Asset?

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. International Hotel Investments's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.34.

International Hotel Investments's long-term debt to total assets ratio increased from Jun. 2023 (0.24) to Jun. 2024 (0.34). It may suggest that International Hotel Investments is progressively becoming more dependent on debt to grow their business.

International Hotel Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for International Hotel Investments'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.

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International Hotel Investments LT-Debt-to-Total-Asset Chart

International Hotel Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.36

0.38

0.35

0.38

International Hotel Investments Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	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															0.34	0.35	0.24	0.38	0.34

International Hotel Investments LT-Debt-to-Total-Asset Calculation

International Hotel Investments'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 )
	=	668.457	/	1768.336
	=	0.38

International Hotel Investments'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 )
	=	624.206	/	1820.842
	=	0.34

International Hotel Investments (MAL:IHI) 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.

International Hotel Investments LT-Debt-to-Total-Asset Related Terms

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International Hotel Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Hotel Investments PLC (MAL:IHI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Europa Centre, Floriana, MLT, FRN 1400

Website

https://www.corinthiagroup.com

International Hotel Investments PLC operates in the hotel industry. The company is engaged in the ownership, development and operation of hotels, leisure facilities and other activities related to the tourism industry. It has operations spread across various geographical locations which include Malta, Lisbon; Budapest; St. Petersburg; Prague; London, and Tripoli. The company derives a majority of its revenue from London.