Sun International (Sun International) Debt-to-Equity : 3.41 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Sun International Debt-to-Equity?

Sun International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $125.37 Mil. Sun International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $266.04 Mil. Sun International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $114.80 Mil. Sun International's debt to equity for the quarter that ended in Dec. 2023 was 3.41.

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

SVUVY' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.45 Med: 3.32 Max: 5.61
Current: 3.41

During the past 13 years, the highest Debt-to-Equity Ratio of Sun International was 5.61. The lowest was -6.45. And the median was 3.32.

SVUVY's Debt-to-Equity is ranked worse than
89.88% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SVUVY: 3.41

Sun International Debt-to-Equity Historical Data

The historical data trend for Sun International'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.

Sun International Debt-to-Equity Chart

Sun International Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.89

4.91

3.18

3.16

3.41

Sun International 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															3.18	3.41	3.16	4.40	3.41

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

For the Resorts & Casinos subindustry, Sun International'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.

Sun International's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Sun International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun International'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
	=	(125.37	+	266.036)	/	114.798
	=	3.41

Sun International'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
	=	(125.37	+	266.036)	/	114.798
	=	3.41

Sun International (OTCPK:SVUVY) 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.

Sun International Debt-to-Equity Related Terms

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

Sun International (Sun International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sun International Ltd (OTCPK:SVUVY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SUI:South Africa RY1B:Germany

Address

6 Sandown Valley Crescent, Sandton, PO Box 782121, Gauteng, Johannesburg, ZAF, 2196

Website

https://www.suninternational.com

Sun International Ltd is a resorts and casinos company. The business operates or has an interest in numerous resorts, luxury hotels, and casinos. Sun International has numerous business segments as it breaks out its revenue by resort. These segments include, but are not limited to, GrandWest, Sun City, Sibaya, Carnival City, Boardwalk, Wild Coast, Monticello, Meropa, Flamingo, and Golden Valley. The company has global operations with resorts primarily in Africa, and it earns the vast majority of its revenue in South Africa.

Sun International (Sun International) Headlines

No Headlines