Sim Leisure Group (SGX:URR) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Sim Leisure Group Debt-to-Equity?

Sim Leisure Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2.04 Mil. Sim Leisure Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$15.19 Mil. Sim Leisure Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$28.36 Mil. Sim Leisure Group's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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 Sim Leisure Group's Debt-to-Equity or its related term are showing as below:

SGX:URR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.38 Max: 0.61
Current: 0.61

During the past 7 years, the highest Debt-to-Equity Ratio of Sim Leisure Group was 0.61. The lowest was 0.00. And the median was 0.38.

SGX:URR's Debt-to-Equity is ranked worse than
57.8% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SGX:URR: 0.61

Sim Leisure Group Debt-to-Equity Historical Data

The historical data trend for Sim Leisure Group'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.

Sim Leisure Group Debt-to-Equity Chart

Sim Leisure Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.35

0.58

0.59

0.38

0.61

Sim Leisure Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.59	0.47	0.38	0.37	0.61

Competitive Comparison of Sim Leisure Group's Debt-to-Equity

For the Leisure subindustry, Sim Leisure Group'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.

Sim Leisure Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Sim Leisure Group's Debt-to-Equity falls into.

Sim Leisure Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sim Leisure Group'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
	=	(2.036	+	15.187)	/	28.356
	=	0.61

Sim Leisure Group'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
	=	(2.036	+	15.187)	/	28.356
	=	0.61

Sim Leisure Group (SGX:URR) 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.

Sim Leisure Group Debt-to-Equity Related Terms

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

Sim Leisure Group (SGX:URR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sim Leisure Group Ltd (SGX:URR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

828 Jalan Teluk Bahang, Teluk Bahang, PNG, MYS, 11050

Website

https://www.simleisuregroup.com

Sim Leisure Group Ltd and its subsidiaries are engaged in the theme park operations and events. The company presently operates Theme Parks, ESCAPE AdventurePlay and ESCAPE Waterplay, which is co-located next to each other in Penang, Malaysia and caters to local and foreign visitors and tourists. It derives revenue from ticketing, food and beverages, merchandising sales and services from operating theme parks in Malaysia. The group's revenue is mainly derived from Malaysia.

Sim Leisure Group (SGX:URR) Headlines

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