The Star Entertainment Group (The Star Entertainment Group) Cash-to-Debt

: 1.45 (As of Dec. 2023)

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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. The Star Entertainment Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.45.

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, The Star Entertainment Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

EHGRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.12 Max: 1.45
Current: 1.45

During the past 13 years, The Star Entertainment Group's highest Cash to Debt Ratio was 1.45. The lowest was 0.04. And the median was 0.12.

EHGRF's Cash-to-Debt is ranked better than
63.08% of 818 companies
in the Travel & Leisure industry
Industry Median: 0.565 vs EHGRF: 1.45

The Star Entertainment Group Cash-to-Debt Historical Data

The historical data trend for The Star Entertainment Group'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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The Star Entertainment Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.10

0.04

0.05

0.06

0.12

The Star Entertainment Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																0.07	0.06	0.08	0.12	1.45

Competitive Comparison

For the Resorts & Casinos subindustry, The Star Entertainment Group'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.

The Star Entertainment Group Cash-to-Debt Distribution

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

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

The Star Entertainment Group 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.

The Star Entertainment Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	59.53	/	(4.027	+	504.161)
	=	0.12

The Star Entertainment Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	292.035	/	(4.15	+	196.921)
	=	1.45

The Star Entertainment Group (OTCPK:EHGRF) 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.

The Star Entertainment Group Cash-to-Debt Related Terms

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The Star Entertainment Group (The Star Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Star Entertainment Group Ltd (OTCPK:EHGRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EE9:Germany SGR:Australia

Address

159 William Street, Level 3, Brisbane, QLD, AUS, 4000

Website

https://www.starentertainmentgroup.com.au

The Star Entertainment Group operates three hotel and casino complexes in Australia: The Star in Sydney (licence expiring in 2093, with electronic gaming machine exclusivity expiring in 2041), The Star Gold Coast (a perpetual licence), and Treasury Casino and Hotel in Brisbane (licence expiring in 2070). The Queen's Wharf development in Brisbane will have a 99-year licence on completion in 2024 (with a 25-year exclusivity period), replacing the Treasury Casino and Hotel, which will be repurposed into a hotel and retail site.

The Star Entertainment Group (The Star Entertainment Group) Headlines

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