Asia Pioneer Entertainment Holdings (HKSE:08400) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Asia Pioneer Entertainment Holdings Debt-to-Equity?

Asia Pioneer Entertainment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.88 Mil. Asia Pioneer Entertainment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.91 Mil. Asia Pioneer Entertainment Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$16.34 Mil. Asia Pioneer Entertainment Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

HKSE:08400' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 0.29
Current: 0.29

During the past 9 years, the highest Debt-to-Equity Ratio of Asia Pioneer Entertainment Holdings was 0.29. The lowest was 0.04. And the median was 0.06.

HKSE:08400's Debt-to-Equity is ranked better than
63.04% of 690 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:08400: 0.29

Asia Pioneer Entertainment Holdings Debt-to-Equity Historical Data

The historical data trend for Asia Pioneer Entertainment 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.

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Asia Pioneer Entertainment Holdings Debt-to-Equity Chart

Asia Pioneer Entertainment Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.07

0.06

0.29

Asia Pioneer Entertainment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	N/A	0.09	N/A	0.29

Competitive Comparison of Asia Pioneer Entertainment Holdings's Debt-to-Equity

For the Gambling subindustry, Asia Pioneer Entertainment 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.

Asia Pioneer Entertainment Holdings's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Asia Pioneer Entertainment Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Pioneer Entertainment Holdings'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
	=	(1.878	+	2.91)	/	16.335
	=	0.29

Asia Pioneer Entertainment Holdings'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
	=	(1.878	+	2.91)	/	16.335
	=	0.29

Asia Pioneer Entertainment Holdings (HKSE:08400) 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.

Asia Pioneer Entertainment Holdings Debt-to-Equity Related Terms

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

Asia Pioneer Entertainment Holdings (HKSE:08400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asia Pioneer Entertainment Holdings Ltd (HKSE:08400) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Em Macau, Estrada Marginal, Do Hipodromo NoS 56-66, Industrial Lee Cheung F10, Macau, MAC

Website

https://www.apemacau.com

Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.

Executives

Huie Allen Tat Yan	2101 Beneficial owner
Ng Man Ho Herman	2101 Beneficial owner
Chan Chi Lun	2101 Beneficial owner

Asia Pioneer Entertainment Holdings (HKSE:08400) Headlines

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