Sands China (Sands China) Debt-to-Equity : -2,082.00 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Sands China Debt-to-Equity?

Sands China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16 Mil. Sands China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,312 Mil. Sands China's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4 Mil. Sands China's debt to equity for the quarter that ended in Dec. 2023 was -2,082.00.

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 Sands China's Debt-to-Equity or its related term are showing as below:

SCHYY' s Debt-to-Equity Range Over the Past 10 Years
Min: -2082.01 Med: 0.92 Max: 8.97
Current: -2082.01

During the past 13 years, the highest Debt-to-Equity Ratio of Sands China was 8.97. The lowest was -2082.01. And the median was 0.92.

SCHYY's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.47 vs SCHYY: -2082.01

Sands China Debt-to-Equity Historical Data

The historical data trend for Sands China'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.

Sands China Debt-to-Equity Chart

Sands China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.26

3.66

8.97

-14.60

-2,082.00

Sands China 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-Equity	Get a 7-Day Free Trial															8.97	66.62	-14.60	-17.18	-2,082.00

Competitive Comparison of Sands China's Debt-to-Equity

For the Resorts & Casinos subindustry, Sands China'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.

Sands China's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Sands China's Debt-to-Equity falls into.

Sands China Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sands China's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(16	+	8312)	/	-4
	=	-2,082.00

Sands China's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(16	+	8312)	/	-4
	=	-2,082.00

Sands China (OTCPK:SCHYY) 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.

Sands China Debt-to-Equity Related Terms

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

Sands China (Sands China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sands China Ltd (OTCPK:SCHYY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SCHYF:USA 01928:Hong Kong 599A:Germany

Address

Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices, L2, Taipa, MAC

Website

https://www.sandschina.com

Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 24% market share in the Macao gaming sector in terms of gross gaming revenue as of the prepandemic 2019 levels. Las Vegas Sands has a 70% stake in Sands China.