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Wynn Macau (Wynn Macau) Debt-to-Equity : -3.34 (As of Dec. 2023)


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What is Wynn Macau Debt-to-Equity?

Wynn Macau's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $603 Mil. Wynn Macau's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,162 Mil. Wynn Macau's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2,025 Mil. Wynn Macau's debt to equity for the quarter that ended in Dec. 2023 was -3.34.

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 Wynn Macau's Debt-to-Equity or its related term are showing as below:

WYNMY' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.78   Med: 5.14   Max: 21.78
Current: -3.34

During the past 13 years, the highest Debt-to-Equity Ratio of Wynn Macau was 21.78. The lowest was -9.78. And the median was 5.14.

WYNMY's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.47 vs WYNMY: -3.34

Wynn Macau Debt-to-Equity Historical Data

The historical data trend for Wynn Macau'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.

Wynn Macau Debt-to-Equity Chart

Wynn Macau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.71 -9.78 -4.67 -2.82 -3.34

Wynn Macau 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 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 -4.67 -3.48 -2.82 -3.08 -3.34

Competitive Comparison of Wynn Macau's Debt-to-Equity

For the Resorts & Casinos subindustry, Wynn Macau'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.


Wynn Macau's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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



Wynn Macau Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wynn Macau's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wynn Macau's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Wynn Macau  (OTCPK:WYNMY) 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.


Wynn Macau Debt-to-Equity Related Terms

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


Wynn Macau (Wynn Macau) Business Description

Traded in Other Exchanges
Address
Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC
Wynn Macau operates integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn a high-end iconic brand. Wynn Resorts has a 72% stake in Wynn Macau.

Wynn Macau (Wynn Macau) Headlines

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