Hotel Property Investments

ASX HPI.AX

Hotel Property Investments Debt to Equity Ratio for the year ending June 30, 2024: 0.61

Hotel Property Investments Debt to Equity Ratio is 0.61 for the year ending June 30, 2024, a 4.04% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Hotel Property Investments Debt to Equity Ratio for the year ending June 30, 2023 was 0.58, a 1.73% change year over year.
  • Hotel Property Investments Debt to Equity Ratio for the year ending June 30, 2022 was 0.57, a -8.83% change year over year.
  • Hotel Property Investments Debt to Equity Ratio for the year ending June 30, 2021 was 0.63, a -0.60% change year over year.
  • Hotel Property Investments Debt to Equity Ratio for the year ending June 30, 2020 was 0.63.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
Market news
SV Wall Street
ASX: HPI.AX

Hotel Property Investments

CEO Mr. John Risely White
IPO Date Dec. 9, 2013
Location Australia
Headquarters IBM Centre
Employees 10
Sector Consumer Discretionary
Industries
Bars & Pubs Hotels
Description

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company ("QVC"), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group. HPI's objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders. Approximately 93% of the income is earned from the pubs leased to QVC and ALH. The remaining rental income is derived from Speciality Tenants leasing the On-site Specialty Stores. Specialty Tenants include a mix of franchisors and franchisees including 7-Eleven, Nightowl, Nando's, Subway, Noodle Box, The Good Guys and Quest Apartments. The Responsible Entity of the Trust is Hotel Property Investments Limited.

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StockViz Staff

February 7, 2025

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