Travel + Leisure Co (TNL)
Debt-to-equity ratio
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | 5,575,000 |
Total stockholders’ equity | US$ in thousands | -918,000 | -913,000 | -801,000 | -975,000 | -530,000 |
Debt-to-equity ratio | — | — | — | — | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-918,000K
= —
To calculate Travel+Leisure Co's debt-to-equity ratio, we would need both the total debt and total equity figures for each year. Unfortunately, the provided data table does not include these specific values for calculation. Without this information, it is not possible to determine the debt-to-equity ratio for Travel+Leisure Co across the years given. Therefore, further data is required to analyze the company's leverage position and assess its financial risk through the debt-to-equity ratio.
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-equity ratio
Travel + Leisure Co
TNL
—
Boyd Gaming Corporation
BYD
1.65
Caesars Entertainment Corporation
CZR
2.69
Choice Hotels International Inc
CHH
30.02
Hilton Worldwide Holdings Inc
HLT
—
Hyatt Hotels Corporation
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0.65
Las Vegas Sands Corp
LVS
3.28
Marriott International Inc
MAR
—
MGM Resorts International
MGM
1.66
Monarch Casino & Resort Inc
MCRI
0.01
Penn National Gaming Inc
PENN
0.85