Genting Singapore (Genting Singapore) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Genting Singapore Debt-to-Equity?

Genting Singapore's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil. Genting Singapore's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil. Genting Singapore's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,150 Mil. Genting Singapore's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Genting Singapore's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Genting Singapore was 0.18. The lowest was 0.00. And the median was 0.12.

GIGNY's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Genting Singapore Debt-to-Equity Historical Data

The historical data trend for Genting Singapore'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.

Genting Singapore Debt-to-Equity Chart

Genting Singapore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

Genting Singapore 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															0.03	0.03	-	-	-

Competitive Comparison of Genting Singapore's Debt-to-Equity

For the Resorts & Casinos subindustry, Genting Singapore'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.

Genting Singapore's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Genting Singapore Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Genting Singapore'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
	=	(1.218	+	0.973)	/	6149.798
	=	0.00

Genting Singapore'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
	=	(1.218	+	0.973)	/	6149.798
	=	0.00

Genting Singapore (OTCPK:GIGNY) 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.

Genting Singapore Debt-to-Equity Related Terms

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Genting Singapore (Genting Singapore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genting Singapore Ltd (OTCPK:GIGNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GIGNF:USA G13:Singapore 36T:Germany

Address

10 Sentosa Gateway, Resorts World Sentosa, Singapore, SGP, 098270

Website

https://www.gentingsingapore.com

Genting Singapore is engaged in the development and operation of integrated resort destinations, including gaming, hospitality, meetings, and leisure and entertainment facilities. It owns Resorts World Sentosa in Singapore, one of the leading integrated resort destinations in Asia, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore theme park, facilities for meetings, incentives, conventions, and exhibitions, hotels, Michelin-starred restaurants, and specialty retail outlets.