Galaxy Entertainment Group Balance Sheet Health
Financial Health criteria checks 6/6
Galaxy Entertainment Group has a total shareholder equity of HK$74.3B and total debt of HK$3.9B, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are HK$91.6B and HK$17.3B respectively. Galaxy Entertainment Group's EBIT is HK$7.5B making its interest coverage ratio -6.9. It has cash and short-term investments of HK$20.4B.
Key information
5.3%
Debt to equity ratio
HK$3.91b
Debt
| Interest coverage ratio | -6.9x |
| Cash | HK$20.38b |
| Equity | HK$74.31b |
| Total liabilities | HK$17.28b |
| Total assets | HK$91.59b |
Recent financial health updates
Is Galaxy Entertainment Group (HKG:27) A Risky Investment?
Sep 02
Is Galaxy Entertainment Group (HKG:27) Using Too Much Debt?
Mar 14Galaxy Entertainment Group (HKG:27) Has A Pretty Healthy Balance Sheet
Oct 11Is Galaxy Entertainment Group (HKG:27) A Risky Investment?
Jun 30Is Galaxy Entertainment Group (HKG:27) A Risky Investment?
Mar 23Is Galaxy Entertainment Group (HKG:27) Using Debt Sensibly?
Sep 27Recent updates
Galaxy Entertainment Group Limited (HKG:27) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Oct 09Is Galaxy Entertainment Group (HKG:27) A Risky Investment?
Sep 02Galaxy Entertainment Group Limited's (HKG:27) Shareholders Might Be Looking For Exit
Aug 18Galaxy Entertainment Group (HKG:27) Has Some Difficulty Using Its Capital Effectively
Aug 02Is Now The Time To Look At Buying Galaxy Entertainment Group Limited (HKG:27)?
Jun 12Galaxy Entertainment Group Limited (HKG:27) Investors Are Less Pessimistic Than Expected
May 13Galaxy Entertainment Group (HKG:27) Will Be Looking To Turn Around Its Returns
Apr 28Is Galaxy Entertainment Group (HKG:27) Using Too Much Debt?
Mar 14Should You Investigate Galaxy Entertainment Group Limited (HKG:27) At HK$42.75?
Mar 01Investors Appear Satisfied With Galaxy Entertainment Group Limited's (HKG:27) Prospects
Jan 24An Intrinsic Calculation For Galaxy Entertainment Group Limited (HKG:27) Suggests It's 40% Undervalued
Jan 02Galaxy Entertainment Group (HKG:27) Is Finding It Tricky To Allocate Its Capital
Dec 15Galaxy Entertainment Group (HKG:27) Has A Pretty Healthy Balance Sheet
Oct 11Galaxy Entertainment Group's (HKG:27) Solid Earnings Are Supported By Other Strong Factors
Sep 20Galaxy Entertainment Group Limited (HKG:27) Shares Could Be 49% Below Their Intrinsic Value Estimate
Sep 18Galaxy Entertainment Group (HKG:27) May Have Issues Allocating Its Capital
Aug 26Is Galaxy Entertainment Group (HKG:27) A Risky Investment?
Jun 30Is Galaxy Entertainment Group (HKG:27) A Risky Investment?
Mar 23Is There Now An Opportunity In Galaxy Entertainment Group Limited (HKG:27)?
Dec 21Galaxy Entertainment Group Limited's (HKG:27) Intrinsic Value Is Potentially 95% Above Its Share Price
Nov 30Is Galaxy Entertainment Group (HKG:27) Using Debt Sensibly?
Sep 27Some Galaxy Entertainment Group Limited (HKG:27) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 19Galaxy Entertainment Group (HKG:27) Has A Pretty Healthy Balance Sheet
Jun 07Need To Know: Analysts Just Made A Substantial Cut To Their Galaxy Entertainment Group Limited (HKG:27) Estimates
May 16Here's Why Galaxy Entertainment Group (HKG:27) Can Manage Its Debt Responsibly
Feb 24Health Check: How Prudently Does Galaxy Entertainment Group (HKG:27) Use Debt?
Sep 25What Does Galaxy Entertainment Group Limited's (HKG:27) Share Price Indicate?
Aug 29Health Check: How Prudently Does Galaxy Entertainment Group (HKG:27) Use Debt?
Mar 29Don't Ignore The Fact That This Insider Just Sold Some Shares In Galaxy Entertainment Group Limited (HKG:27)
Mar 10Should You Think About Buying Galaxy Entertainment Group Limited (HKG:27) Now?
Mar 01Here's What Galaxy Entertainment Group Limited's (HKG:27) Shareholder Ownership Structure Looks Like
Feb 11Investors Who Bought Galaxy Entertainment Group (HKG:27) Shares Five Years Ago Are Now Up 169%
Jan 27The Trends At Galaxy Entertainment Group (HKG:27) That You Should Know About
Jan 14
Is Galaxy Entertainment Group (HKG:27) Using Too Much Debt?
Dec 18Need To Know: Galaxy Entertainment Group Limited (HKG:27) Insiders Have Been Selling Shares
Dec 07Galaxy Entertainment Group Limited's (HKG:27) Stock Is Going Strong: Have Financials A Role To Play?
Nov 23Financial Position Analysis
Short Term Liabilities: 27's short term assets (HK$22.7B) exceed its short term liabilities (HK$13.9B).
Long Term Liabilities: 27's short term assets (HK$22.7B) exceed its long term liabilities (HK$3.4B).
Debt to Equity History and Analysis
Debt Level: 27 has more cash than its total debt.
Reducing Debt: 27's debt to equity ratio has reduced from 9.6% to 5.3% over the past 5 years.
Debt Coverage: 27's debt is well covered by operating cash flow (295.2%).
Interest Coverage: 27 earns more interest than it pays, so coverage of interest payments is not a concern.