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Crown Resorts (ASX:CWNHB.PFD) Liabilities-to-Assets : 0.39 (As of Dec. 2021)


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What is Crown Resorts Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Crown Resorts's Total Liabilities for the quarter that ended in Dec. 2021 was A$2,785.60 Mil. Crown Resorts's Total Assets for the quarter that ended in Dec. 2021 was A$7,071.80 Mil. Therefore, Crown Resorts's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 was 0.39.


Crown Resorts Liabilities-to-Assets Historical Data

The historical data trend for Crown Resorts's Liabilities-to-Assets 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.

Crown Resorts Liabilities-to-Assets Chart

Crown Resorts Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.37 0.33 0.34 0.37

Crown Resorts Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Liabilities-to-Assets 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 0.31 0.34 0.40 0.37 0.39

Competitive Comparison of Crown Resorts's Liabilities-to-Assets

For the Resorts & Casinos subindustry, Crown Resorts's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Crown Resorts's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Crown Resorts's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Crown Resorts's Liabilities-to-Assets falls into.



Crown Resorts Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Crown Resorts's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2021 is calculated as:

Liabilities-to-Assets (A: Jun. 2021 )=Total Liabilities/Total Assets
=2634.6/7100.4
=0.37

Crown Resorts's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 is calculated as

Liabilities-to-Assets (Q: Dec. 2021 )=Total Liabilities/Total Assets
=2785.6/7071.8
=0.39

* 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.


Crown Resorts  (ASX:CWNHB.PFD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Crown Resorts Liabilities-to-Assets Related Terms

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Crown Resorts (ASX:CWNHB.PFD) Business Description

Traded in Other Exchanges
N/A
Address
8 Whiteman Street, Level 3, Crown Towers, Southbank, Melbourne, VIC, AUS, 3006
Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.

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