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Magnificent Hotel Investments (HKSE:00201) Debt-to-Revenue : 0.60 (As of Dec. 2023)


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What is Magnificent Hotel Investments Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Magnificent Hotel Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$98.2 Mil. Magnificent Hotel Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$232.1 Mil. Magnificent Hotel Investments's annualized Revenue for the quarter that ended in Dec. 2023 was HK$547.7 Mil. Magnificent Hotel Investments's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.


Magnificent Hotel Investments Debt-to-Revenue Historical Data

The historical data trend for Magnificent Hotel Investments's Debt-to-Revenue 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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Magnificent Hotel Investments Debt-to-Revenue Chart

Magnificent Hotel Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.56 0.95 0.55 0.73

Magnificent Hotel Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.72 0.74 0.68 0.60

Competitive Comparison of Magnificent Hotel Investments's Debt-to-Revenue

For the Lodging subindustry, Magnificent Hotel Investments's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Magnificent Hotel Investments's Debt-to-Revenue Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Magnificent Hotel Investments's Debt-to-Revenue falls into.



Magnificent Hotel Investments Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Magnificent Hotel Investments's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(98.248 + 232.05) / 451.811
=0.73

Magnificent Hotel Investments's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(98.248 + 232.05) / 547.716
=0.60

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Magnificent Hotel Investments Debt-to-Revenue Related Terms

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Magnificent Hotel Investments (HKSE:00201) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Magnificent Hotel Investments Ltd is an investment holding company. The firm manages its business into three segments, namely Hospitality services, Property investment, and Securities investment. It operates the Ramada Hotel, Best Western Plus Hotel, Best Western Hotel, Magnificent International Hotel, Best Western Causeway Bay, and Grand City Hotel. It derives the majority of its revenue from the Hospitality services segment. Its geographical segments are Hong Kong, China, and the United States.

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