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Galaxy Entertainment Group Debt-to-EBITDA

: 2.69 (As of Jun. 2021)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Galaxy Entertainment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $1,486 Mil. Galaxy Entertainment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $38 Mil. Galaxy Entertainment Group's annualized EBITDA for the quarter that ended in Jun. 2021 was $566 Mil. Galaxy Entertainment Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 was 2.69.

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 Galaxy Entertainment Group's Debt-to-EBITDA or its related term are showing as below:

OTCPK:GXYYY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.6   Med: 0.36   Max: 4.92
Current: 4.92

-10.6
4.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Galaxy Entertainment Group was 4.92. The lowest was -10.60. And the median was 0.36.

OTCPK:GXYYY's Debt-to-EBITDA is ranked lower than
54% of the 490 Companies
in the Travel & Leisure industry.

( Industry Median: 4.18 vs. OTCPK:GXYYY: 4.92 )

Galaxy Entertainment Group Debt-to-EBITDA Historical Data

The historical data trend for Galaxy Entertainment Group'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.

Galaxy Entertainment Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.71 0.54 0.06 -10.60

Galaxy Entertainment Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 0.41 0.06 -2.95 23.30 2.69

Competitive Comparison

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

   

Galaxy Entertainment Group Debt-to-EBITDA Distribution

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

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



Galaxy Entertainment Group Debt-to-EBITDA Calculation

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

Galaxy Entertainment Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1208.1110437441 + 38.283904591132) / -117.62264735097
=-10.60

Galaxy Entertainment Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1485.7426852365 + 37.655410541505) / 565.60083486865
=2.69

* 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 (Jun. 2021) EBITDA data.


Galaxy Entertainment Group  (OTCPK:GXYYY) 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.


Galaxy Entertainment Group Debt-to-EBITDA Related Terms

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


Galaxy Entertainment Group Business Description

Galaxy Entertainment Group logo
Industry
Traded in Other Exchanges
Address
111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG
Galaxy Entertainment is one of six casino license holders in Macao. Its major properties include Starworld casino in the Macao Peninsula and Galaxy Macau phases 1 and 2 in Cotai, with a hotel room inventory of approximately 4,300.
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