>
Switch to:

Galaxy Entertainment Group Equity-to-Asset

: 0.76 (As of Jun. 2021)
View and export this data going back to 2016. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Galaxy Entertainment Group's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $8,929 Mil. Galaxy Entertainment Group's Total Assets for the quarter that ended in Jun. 2021 was $11,828 Mil. Therefore, Galaxy Entertainment Group's Equity to Asset Ratio for the quarter that ended in Jun. 2021 was 0.76.

The historical rank and industry rank for Galaxy Entertainment Group's Equity-to-Asset or its related term are showing as below:

OTCPK:GXYYY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.67   Max: 0.77
Current: 0.76

0.36
0.77

During the past 13 years, the highest Equity to Asset Ratio of Galaxy Entertainment Group was 0.77. The lowest was 0.36. And the median was 0.67.

OTCPK:GXYYY's Equity-to-Asset is ranked lower than
52% of the 137 Companies
in the Travel & Leisure industry.

( Industry Median: 0.44 vs. OTCPK:GXYYY: 0.76 )

Galaxy Entertainment Group Equity-to-Asset Historical Data

The historical data trend for Galaxy Entertainment Group's Equity-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 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.66 0.71 0.77 0.73

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
Equity-to-Asset 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 0.74 0.77 0.71 0.73 0.76

Competitive Comparison

For the Resorts & Casinos subindustry, Galaxy Entertainment Group's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset Distribution

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

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



Galaxy Entertainment Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Galaxy Entertainment Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=8697.7103677808/11961.813103884
=0.73

Galaxy Entertainment Group's Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Equity to Asset (Q: Jun. 2021 )=Total Stockholders Equity/Total Assets
=8928.7480835384/11828.11110968
=0.75

* 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.


Galaxy Entertainment Group  (OTCPK:GXYYY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Galaxy Entertainment Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Galaxy Entertainment Group's Equity-to-Asset 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.
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)