Emperor Entertainment Hotel (HKSE:00296) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Emperor Entertainment Hotel Debt-to-Equity?

Emperor Entertainment Hotel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.8 Mil. Emperor Entertainment Hotel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$25.8 Mil. Emperor Entertainment Hotel's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$3,703.6 Mil. Emperor Entertainment Hotel's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Emperor Entertainment Hotel's Debt-to-Equity or its related term are showing as below:

HKSE:00296' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.31
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Emperor Entertainment Hotel was 0.31. The lowest was 0.01. And the median was 0.01.

HKSE:00296's Debt-to-Equity is ranked better than
99.86% of 693 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:00296: 0.01

Emperor Entertainment Hotel Debt-to-Equity Historical Data

The historical data trend for Emperor Entertainment Hotel's Debt-to-Equity 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.

* Premium members only.

Emperor Entertainment Hotel Debt-to-Equity Chart

Emperor Entertainment Hotel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

Emperor Entertainment Hotel Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Emperor Entertainment Hotel's Debt-to-Equity

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Emperor Entertainment Hotel's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emperor Entertainment Hotel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Emperor Entertainment Hotel's Debt-to-Equity falls into.

Emperor Entertainment Hotel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emperor Entertainment Hotel's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.802	+	26.444)	/	3691.812
	=	0.01

Emperor Entertainment Hotel's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.822	+	25.823)	/	3703.634
	=	0.01

Emperor Entertainment Hotel (HKSE:00296) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Emperor Entertainment Hotel Debt-to-Equity Related Terms

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Emperor Entertainment Hotel (HKSE:00296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Emperor Entertainment Hotel Ltd (HKSE:00296) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EM7A:Germany

Address

288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emp296.com

Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

Emperor Entertainment Hotel (HKSE:00296) Headlines

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