Galaxy Entertainment Group (Galaxy Entertainment Group) Debt-to-Asset

: 0.03 (As of Dec. 2023)

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Galaxy Entertainment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $206 Mil. Galaxy Entertainment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $70 Mil. Galaxy Entertainment Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $11,167 Mil. Galaxy Entertainment Group's debt to asset for the quarter that ended in Dec. 2023 was 0.02.

Galaxy Entertainment Group Debt-to-Asset Historical Data

The historical data trend for Galaxy Entertainment Group'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.

Galaxy Entertainment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.01

0.10

0.08

0.10

0.03

Galaxy Entertainment Group 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																0.08	0.11	0.10	0.04	0.03

Competitive Comparison

For the Resorts & Casinos subindustry, Galaxy Entertainment Group'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.

Galaxy Entertainment Group Debt-to-Asset Distribution

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

* The bar in red indicates where Galaxy Entertainment Group's Debt-to-Asset falls into.

Galaxy Entertainment Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Galaxy Entertainment Group'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
	=	(205.963	+	70.27)	/	11167.438
	=	0.02

Galaxy Entertainment Group'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
	=	(205.963	+	70.27)	/	11167.438
	=	0.02

Galaxy Entertainment Group (OTCPK:GXYYY) 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.

Galaxy Entertainment Group Debt-to-Asset Related Terms

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Galaxy Entertainment Group (Galaxy Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galaxy Entertainment Group Ltd (OTCPK:GXYYY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GXYEF:USA 00027:Hong Kong KW9A:Germany

Address

111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.galaxyentertainment.com

Galaxy Entertainment is one of six casino licenseholders in Macao. Its major properties include Starworld casino in the Macao Peninsula, and Galaxy Macau phases 1, 2 and 3 in Cotai, with a hotel capacity of approximately 5,564 rooms.

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