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

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What is International Entertainment Debt-to-Equity?

International Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$470.1 Mil. International Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$639.8 Mil. International Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,164.7 Mil. International Entertainment's debt to equity for the quarter that ended in Dec. 2023 was 0.95.

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 International Entertainment's Debt-to-Equity or its related term are showing as below:

HKSE:01009' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.33 Max: 0.95
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of International Entertainment was 0.95. The lowest was 0.16. And the median was 0.33.

HKSE:01009's Debt-to-Equity is ranked worse than
58.32% of 1581 companies
in the Real Estate industry
Industry Median: 0.75 vs HKSE:01009: 0.95

International Entertainment Debt-to-Equity Historical Data

The historical data trend for International Entertainment'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.

International Entertainment Debt-to-Equity Chart

International Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.21

0.28

0.33

0.43

0.42

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
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.43	0.41	0.42	0.95

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

For the Real Estate Services subindustry, International Entertainment'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.

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

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

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

International Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Entertainment's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(419.054	+	84.208)	/	1206.959
	=	0.42

International Entertainment'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
	=	(470.143	+	639.802)	/	1164.722
	=	0.95

International Entertainment (HKSE:01009) 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.

International Entertainment Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of International Entertainment's Debt-to-Equity 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 » Debt-to-Equity

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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