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Emperor Entertainment Hotel (HKSE:00296) Debt-to-EBITDA : 0.66 (As of Sep. 2023)


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What is Emperor Entertainment Hotel Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Emperor Entertainment Hotel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.8 Mil. Emperor Entertainment Hotel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$25.8 Mil. Emperor Entertainment Hotel's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$40.3 Mil. Emperor Entertainment Hotel's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.66.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

HKSE:00296' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.55   Med: 0.34   Max: 1.02
Current: 0.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Emperor Entertainment Hotel was 1.02. The lowest was -0.55. And the median was 0.34.

HKSE:00296's Debt-to-EBITDA is ranked better than
79.23% of 621 companies
in the Travel & Leisure industry
Industry Median: 2.89 vs HKSE:00296: 0.74

Emperor Entertainment Hotel Debt-to-EBITDA Historical Data

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

Emperor Entertainment Hotel Debt-to-EBITDA Chart

Emperor Entertainment Hotel Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 -0.15 -0.06 -0.55

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
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.89 -0.02 -0.07 0.86 0.66

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

For the Resorts & Casinos subindustry, Emperor Entertainment Hotel's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the Travel & Leisure Industry

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

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



Emperor Entertainment Hotel Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.802 + 26.444) / -49.679
=-0.55

Emperor Entertainment Hotel's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.822 + 25.823) / 40.274
=0.66

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Sep. 2023) EBITDA data.


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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Emperor Entertainment Hotel Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Emperor Entertainment Hotel's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Emperor Entertainment Hotel (HKSE:00296) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, 28th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
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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