International Entertainment (HKSE:01009) Cash-to-Debt : 0.95 (As of Dec. 2023)

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What is International Entertainment Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. International Entertainment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.95.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, International Entertainment couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01009' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.77 Med: 1.44 Max: No Debt
Current: 0.95

During the past 13 years, International Entertainment's highest Cash to Debt Ratio was No Debt. The lowest was 0.77. And the median was 1.44.

HKSE:01009's Cash-to-Debt is ranked better than
73.52% of 1790 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:01009: 0.95

International Entertainment Cash-to-Debt Historical Data

The historical data trend for International Entertainment's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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International Entertainment Cash-to-Debt Chart

International Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

1.04

1.44

1.18

1.01

0.99

International Entertainment Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.11	1.01	0.96	0.99	0.95

Competitive Comparison of International Entertainment's Cash-to-Debt

For the Real Estate Services subindustry, International Entertainment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

International Entertainment's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, International Entertainment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where International Entertainment's Cash-to-Debt falls into.

International Entertainment Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

International Entertainment's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	497.753	/	(419.054	+	84.208)
	=	0.99

International Entertainment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1056.807	/	(470.143	+	639.802)
	=	0.95

International Entertainment (HKSE:01009) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

International Entertainment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of International Entertainment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

International Entertainment (HKSE:01009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Entertainment Corp (HKSE:01009) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71 Des Voeux Road Central, Units 2109-10, 21st Floor, Wing On House, Hong Kong, HKG

Website

http://www.ientcorp.com

International Entertainment Corp is mainly engaged in the hotel operations and leasing of properties for casino and ancillary leisure and entertainment operations. The operating segments of the group are Hotel, Gaming Operation, and Live Events. It generates maximum revenue from the Gaming Operation segment. The Gaming Operation segment represents the leasing of investment properties equipped with entertainment equipment to PAGCOR. Geographically, it derives a majority of its revenue from the Philippines.

Executives

Eriska Investment Fund Ltd	2101 Beneficial owner
Tang Yuk Fan	2201 Interest of corporation controlled by you
Ag Investment Management Company Limited	2201 Interest of corporation controlled by you
Excite Investments Holdings Limited	2201 Interest of corporation controlled by you
Excite Opportunity Fund L.p.	2101 Beneficial owner
Glorious Future Fund Spc	2201 Interest of corporation controlled by you
Ho Wong Meng	2201 Interest of corporation controlled by you

International Entertainment (HKSE:01009) Headlines

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