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Reef Casino TrustASX:RCT +5.79%72 Debt-to-Equity is 0.08 as of Dec. 2025, which is 99% below its 10-year median of 7.31. GuruFocus rates ASX:RCT with a GF Score™ of 72/100 and a GF Value™ of A$3.01 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 719 Travel & Leisure companies, Reef Casino Trust ranks better than 84.56% on this metric.
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 Reef Casino Trust's Debt-to-Equity or its related term are showing as below:
ASX:RCT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 7.31 Max: 9.68
Current: 0.08
During the past 13 years, the highest Debt-to-Equity Ratio of Reef Casino Trust was 9.68. The lowest was 0.08. And the median was 7.31.
ASX:RCT's Debt-to-Equity is ranked better than 84.56% of 719
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs ASX:RCT: 0.08
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.
Reef Casino Trust Debt-to-Equity Related Terms
Reef Casino Trust Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Reef Casino Trust'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.
ASX:RCT vs LVS, MGM, WYNN: Debt-to-Equity Comparison
For the Resorts & Casinos subindustry, Reef Casino Trust'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.
Reef Casino Trust Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Reef Casino Trust's Debt-to-Equity falls into.
* 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.
Reef Casino Trust (ASX:RCT) has a Debt-to-Equity of 0.08 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Reef Casino Trust and its competitors. This is 99% below median its historical median of 7.31. Over the past decade, Reef Casino Trust's Debt-to-Equity has ranged from 0.08 to 9.68. According to the industry distribution chart, Reef Casino Trust ranks #111 out of 719 companies in the Travel & Leisure industry, placing it in the top 15.4%.
Is Reef Casino Trust's Debt-to-Equity too high?
Reef Casino Trust's current Debt-to-Equity of 0.08 is 99% below median its 10-year median of 7.31. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 9.68. The Travel & Leisure industry median Debt-to-Equity is 0.43. Reef Casino Trust's value of 0.08 is 81.4% below this industry median. Based on the distribution chart, Reef Casino Trust ranks #111 out of 719 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Reef Casino Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reef Casino Trust's Debt-to-Equity compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Reef Casino Trust ranks #111 out of 719 companies for Debt-to-Equity. This places Reef Casino Trust in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.43. Reef Casino Trust's value of 0.08 is 81.4% below this benchmark. Historically, Reef Casino Trust's own Debt-to-Equity has ranged from 0.08 to 9.68 over the past decade. While the company's 10-year median is 7.31 vs. the industry median of 0.43, Reef Casino Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 719 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reef Casino Trust's current Debt-to-Equity of 0.08 is 81.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Reef Casino Trust and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reef Casino Trust's current Debt-to-Equity is 0.08, which is 99% below median its own 10-year median of 7.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reef Casino Trust stock overvalued right now?
Based on GuruFocus' analysis, Reef Casino Trust (ASX:RCT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.01, compared to a current price of A$3.84 — trading 27.6% above its estimated fair value. The current Debt-to-Equity is 0.08, which is 99% below median its 10-year median of 7.31 and 81.4% below the Travel & Leisure industry median of 0.43. Reef Casino Trust's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Reef Casino Trust (ASX:RCT), the current Debt-to-Equity is 0.08 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Reef Casino Trust (ASX:RCT) Overvalued in 2026?
Based on GuruFocus' analysis, Reef Casino Trust stock appears to be overvalued.
The current stock price of A$3.84 is trading 27.6% above its estimated GF Value™ of A$3.01.
GuruFocus considers Reef Casino Trust to be Modestly Overvalued.
Key valuation signals for ASX:RCT:
Debt-to-Equity: 0.08 (99% below median its 10-year median of 7.31)
GF Value™: A$3.01 vs. price of A$3.84 (27.6% above fair value)
Industry Position: 81.4% below the Travel & Leisure median (#111 of 719)
No single metric tells the full story. See the ASX:RCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 the hotel, which includes room accommodation and food and beverage, and others. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel segment.
72GF Score
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