Department of Trade and Industry

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    Date: 2023-11-09 13:52:13.935911

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    Date: 2023-11-09 15:20:28.062509

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The average hotel industry financial ratio

Requested from DTI by S. Aranzado at 01:52 PM on Nov 09, 2023.
Purpose: Thesis / College Research Paper
Date of Coverage: 01/01/2022 - 12/31/2022
Tracking no: #DTI-213041377647

Aranzado 01:52 PM, Nov 09, 2023 

HI, i would like to know the  average financial ratio of hotels in the Philippines 

1. gross profit rate, return on sales, return on equity, return on asset, current ratio, total asset turnover, AR turnover, AP turnover, debt asset ratio and debt to equity ratio.
 
2. I would also like to know what ratio can be considered as high ratios, average ratios and low ratios

Par 03:20 PM, Nov 09, 2023 

Nov 09, 2023

Dear Sheala Kaye Aranzado,

Thank you for your request dated Nov 09, 2023 01:52:13 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for The average hotel  industry financial ratio.

We received your request on Nov 09, 2023 01:52:13 PM and we have forwarded your request to another agency.

Should you have any questions regarding your request, kindly contact using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEERUSS0yMTMwNDEzNzc2NDcM, for request with ticket number #DTI-213041377647.

Thank you.

Respectfully,

Cresenciano Par
FOI Officer

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