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Century Entertainment International Holdings (HKSE:00959) Debt-to-Equity : -1.14 (As of Sep. 2024)


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What is Century Entertainment International Holdings Debt-to-Equity?

Century Entertainment International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$81.52 Mil. Century Entertainment International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$22.56 Mil. Century Entertainment International Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$-91.20 Mil. Century Entertainment International Holdings's debt to equity for the quarter that ended in Sep. 2024 was -1.14.

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 Century Entertainment International Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:00959' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.5   Med: 0.02   Max: 33.14
Current: -1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Century Entertainment International Holdings was 33.14. The lowest was -5.50. And the median was 0.02.

HKSE:00959's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.43 vs HKSE:00959: -1.14

Century Entertainment International Holdings Debt-to-Equity Historical Data

The historical data trend for Century Entertainment International Holdings'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.

Century Entertainment International Holdings Debt-to-Equity Chart

Century Entertainment International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 -5.43 -5.50 -2.12 -1.86

Century Entertainment International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Equity 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 -3.70 -2.12 -1.94 -1.86 -1.14

Competitive Comparison of Century Entertainment International Holdings's Debt-to-Equity

For the Gambling subindustry, Century Entertainment International Holdings'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.


Century Entertainment International Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Century Entertainment International Holdings's Debt-to-Equity falls into.


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Century Entertainment International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Century Entertainment International Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Century Entertainment International Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Century Entertainment International Holdings  (HKSE:00959) 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.


Century Entertainment International Holdings Debt-to-Equity Related Terms

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


Century Entertainment International Holdings Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, G02, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Century Entertainment International Holdings Ltd is an investment holding company engaged in the investment in gaming and entertainment businesses. Its businesses hold the investment in very important person gaming tables-related operations and the investment in slot machines-related operations. It is also involved in the provision of services to the Guangxi Welfare Lottery Issue Center to generate commission income. The operating segments of the group are Gaming and entertainment and AR/VR and mobile games solutions. It has a business presence in the PRC, Cambodia, and Hong Kong, of which a majority of revenue is generated within Cambodia.
Executives
Ho Tsz Ying 2101 Beneficial owner
Ng Man Sun 2101 Beneficial owner
Wong Kam Wah 2101 Beneficial owner
Huang Weiqiang 2101 Beneficial owner
Cheng Wai Man 2101 Beneficial owner

Century Entertainment International Holdings Headlines

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