Emperor Entertainment Hotel (HKSE:00296) Cash-to-Debt : 19.58 (As of Sep. 2023)

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What is Emperor Entertainment Hotel Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Emperor Entertainment Hotel's cash to debt ratio for the quarter that ended in Sep. 2023 was 19.58.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Emperor Entertainment Hotel could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Emperor Entertainment Hotel's Cash-to-Debt or its related term are showing as below:

HKSE:00296' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 18.16 Max: No Debt
Current: 19.58

During the past 13 years, Emperor Entertainment Hotel's highest Cash to Debt Ratio was No Debt. The lowest was 0.47. And the median was 18.16.

HKSE:00296's Cash-to-Debt is ranked better than
85.61% of 820 companies
in the Travel & Leisure industry
Industry Median: 0.585 vs HKSE:00296: 19.58

Emperor Entertainment Hotel Cash-to-Debt Historical Data

The historical data trend for Emperor Entertainment Hotel's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Emperor Entertainment Hotel Cash-to-Debt Chart

Emperor Entertainment Hotel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

120.16

119.83

31.51

16.04

Emperor Entertainment Hotel Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															34.78	31.51	16.73	16.04	19.58

Competitive Comparison of Emperor Entertainment Hotel's Cash-to-Debt

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Emperor Entertainment Hotel's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emperor Entertainment Hotel's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Emperor Entertainment Hotel's Cash-to-Debt falls into.

Emperor Entertainment Hotel Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Emperor Entertainment Hotel's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	437.119	/	(0.802	+	26.444)
	=	16.04

Emperor Entertainment Hotel's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	521.723	/	(0.822	+	25.823)
	=	19.58

Emperor Entertainment Hotel (HKSE:00296) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Emperor Entertainment Hotel Cash-to-Debt Related Terms

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Emperor Entertainment Hotel (HKSE:00296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Emperor Entertainment Hotel Ltd (HKSE:00296) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EM7A:Germany

Address

288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.emp296.com

Emperor Entertainment Hotel Ltd is a Macao-based company that is active in the hospitality and entertainment industry. The company is engaged provision of gaming-related marketing and public relations services in the casino of the Grand Emperor Hotel, the operation of a mass market hall, VIP room, and slot machine hall operations. The company is also engaged in the hotel operation of the Grand Emperor Hotel and the Inn Hotel Macau. The company manages its business in segments namely gaming operations, Leasing, and hotel operation. It generates the majority of its revenue from hotel operations in Macau.

Emperor Entertainment Hotel (HKSE:00296) Headlines

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