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Emperor Entertainment Hotel (HKSE:00296) Equity-to-Asset : 0.76 (As of Sep. 2023)


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What is Emperor Entertainment Hotel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Sep. 2023 was HK$4,846.8 Mil. Therefore, Emperor Entertainment Hotel's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.76.

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

HKSE:00296' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.66   Max: 0.76
Current: 0.76

During the past 13 years, the highest Equity to Asset Ratio of Emperor Entertainment Hotel was 0.76. The lowest was 0.48. And the median was 0.66.

HKSE:00296's Equity-to-Asset is ranked better than
83.33% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.48 vs HKSE:00296: 0.76

Emperor Entertainment Hotel Equity-to-Asset Historical Data

The historical data trend for Emperor Entertainment Hotel's Equity-to-Asset 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 Equity-to-Asset Chart

Emperor Entertainment Hotel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.75 0.76 0.75 0.76

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
Equity-to-Asset 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 0.75 0.75 0.76 0.76 0.76

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

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Travel & Leisure Industry

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

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



Emperor Entertainment Hotel Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=3691.812/4837.715
=0.76

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

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=3703.634/4846.845
=0.76

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Emperor Entertainment Hotel Equity-to-Asset Related Terms

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Emperor Entertainment Hotel (HKSE:00296) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
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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