Sinclairs Hotels (NSE:SINCLAIR) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Sinclairs Hotels 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. Sinclairs Hotels's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Sinclairs Hotels's long-term debt to total assets ratio increased from Sep. 2023 (0.06) to Sep. 2024 (0.13). It may suggest that Sinclairs Hotels is progressively becoming more dependent on debt to grow their business.

Sinclairs Hotels LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sinclairs Hotels'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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Sinclairs Hotels LT-Debt-to-Total-Asset Chart

Sinclairs Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.08

0.07

0.06

Sinclairs Hotels Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	-	0.06	-	0.13

Sinclairs Hotels LT-Debt-to-Total-Asset Calculation

Sinclairs Hotels's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	83.207	/	1293.633
	=	0.06

Sinclairs Hotels's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	195.559	/	1470.089
	=	0.13

Sinclairs Hotels (NSE:SINCLAIR) 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.

Sinclairs Hotels LT-Debt-to-Total-Asset Related Terms

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Sinclairs Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sinclairs Hotels Ltd (NSE:SINCLAIR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

523023:India

Address

147 Block G, New Alipore, Kolkata, WB, IND, 700053

Website

https://www.sinclairshotels.com

Sinclairs Hotels Ltd is an India-based company operating in the hospitality sector. It owns and operates hotels and resorts and offers accommodation, dining, conferences, and recreation facilities. Its hotels include Sinclairs Siliguri, Sinclairs Darjeeling, Sinclairs Retreat Dooars, Sinclairs Bayview Port Blair, Sinclairs Retreat Ooty, Sinclairs Retreat Kalimpong, and Sinclairs Tourist Resort Burdwan. It generates revenue from the sale of services including room, food and beverages, and Car Hire Income.

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