Reef Casino Trust (Reef Casino Trust) Debt-to-Asset : 0.83 (As of Dec. 2023)

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

What is Reef Casino Trust Debt-to-Asset?

Reef Casino Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.07 Mil. Reef Casino Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $56.93 Mil. Reef Casino Trust's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $68.64 Mil. Reef Casino Trust's debt to asset for the quarter that ended in Dec. 2023 was 0.83.

Reef Casino Trust Debt-to-Asset Historical Data

The historical data trend for Reef Casino Trust's Debt-to-Asset 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.

Reef Casino Trust Debt-to-Asset Chart

Reef Casino Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.84

0.85

0.82

0.80

0.83

Reef Casino Trust 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-Asset	Get a 7-Day Free Trial															0.82	-	0.80	-	0.83

Competitive Comparison of Reef Casino Trust's Debt-to-Asset

For the Resorts & Casinos subindustry, Reef Casino Trust's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Reef Casino Trust's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Reef Casino Trust's Debt-to-Asset falls into.

Reef Casino Trust Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Reef Casino Trust's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.07	+	56.929)	/	68.643
	=	0.83

Reef Casino Trust's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.07	+	56.929)	/	68.643
	=	0.83

Reef Casino Trust (OTCPK:RCTUF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Reef Casino Trust Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Reef Casino Trust's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Reef Casino Trust (Reef Casino Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Reef Casino Trust (OTCPK:RCTUF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

RCT:Australia

Address

Level 3, 249 Turbot Street, Sofitel Hotel, Brisbane, QLD, AUS, 4000

Website

https://www.reefcasino.com.au

Reef Casino Trust is engaged in the operation of the reef hotel-casino complex located in Cairns, Queensland, Australia. The company derives revenue from the casino which includes electronic gaming and table games, and hotel which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations.