What is the level of liabilities of Genting Bhd this year?
Genting Bhd has a debt balance of 16.29 B MYR this year.
Genting Bhd Liabilities 2024
Genting Bhd Liabilities
16.29 B MYR
Ticker
GENTING.KL
ISIN
MYL3182OO002
WKN
869584
In 2024, Genting Bhd's total liabilities amounted to 16.29 B MYR, a 1.83% difference from the 16 B MYR total liabilities in the previous year.
Genting Bhd Aktienanalyse
What does Genting Bhd do?
Genting Bhd is a Malaysian conglomerate that operates in various industries including leisure and tourism, tradable goods, energy generation, real estate development, oil and gas, and biotechnology. The company was founded in 1965 by Malaysian businessman Lim Goh Tong and is headquartered in Kuala Lumpur. The company's history began with a small mining operation acquired by Lim Goh Tong in 1965, which he transformed into the first hotel, Genting Highlands Resort. Located at an elevation of 1,800 meters above sea level in the Genting Highlands, this resort has become one of Malaysia's most famous and visited tourist destinations. Today, Genting Bhd has expanded its business to different segments including the operation of casinos and gambling, the hotel and leisure industry, and the cruise industry. Genting Bhd's business model revolves around operating a diverse portfolio of companies in different industries. This allows the company to diversify risks and generate profits from various sources, ensuring consistent and strong performance. In the casino and gambling sector, the company operates a number of casinos and resorts in Europe, Asia, and North and South America. Some of the most well-known ones include Resorts World Sentosa in Singapore, Resorts World Genting in Malaysia, and Resorts World Casino New York City. Genting Bhd's hotel and leisure industry encompasses a wide range of activities including hotels, amusement parks, shopping malls, golf courses, equestrian facilities, water parks, and other leisure facilities in Malaysia, Singapore, the USA, the Philippines, and the UK. The company is known for its exclusive and luxurious resorts like Resorts World Langkawi, Crockfords Tower, and The Genting Hotel. In the cruise industry, Genting Bhd operates cruise ships and coastal cruises in Asia and Europe. The company's two most well-known brands are Dream Cruises and Star Cruises. Genting Bhd also operates other businesses such as Genting Energy, which focuses on energy generation and supply, and Genting Plantations, which specializes in palm oil plantations, production, and distribution of palm oil products. The company also invests in biotechnology and medical research through its involvement in companies like Trevena Inc. and Regent Pacific Group Limited. In summary, Genting Bhd is a successful and diversified company operating in various industries. Over the years, the company has become a key player in the leisure and tourism industry and is a major employer in many regions worldwide. Genting Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Genting Bhd's Liabilities
Genting Bhd's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Genting Bhd's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Genting Bhd's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Genting Bhd's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Genting Bhd’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Genting Bhd stock
What were the liabilities of Genting Bhd compared to the previous year?
The liabilities of Genting Bhd have increased by 1.83% increased compared to the previous year.
What are the consequences of high debt for investors of Genting Bhd?
High liabilities can pose a risk for investors of Genting Bhd, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Genting Bhd?
Low liabilities mean that Genting Bhd has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Genting Bhd affect the company?
An increase in liabilities of Genting Bhd can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Genting Bhd affect the company?
A decrease in the liabilities of Genting Bhd can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Genting Bhd?
Some factors that can influence the liabilities of Genting Bhd include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Genting Bhd so important for investors?
The liabilities of Genting Bhd are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Genting Bhd take to modify the liabilities?
To change its liabilities, Genting Bhd can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Genting Bhd pay?
Over the past 12 months, Genting Bhd paid a dividend of 0.15 MYR . This corresponds to a dividend yield of about 3.52 %. For the coming 12 months, Genting Bhd is expected to pay a dividend of 0.15 MYR.
What is the dividend yield of Genting Bhd?
The current dividend yield of Genting Bhd is 3.52 %.
When does Genting Bhd pay dividends?
Genting Bhd pays a quarterly dividend. This is distributed in the months of October, April, October, October.
How secure is the dividend of Genting Bhd?
Genting Bhd paid dividends every year for the past 23 years.
What is the dividend of Genting Bhd?
For the upcoming 12 months, dividends amounting to 0.15 MYR are expected. This corresponds to a dividend yield of 3.51 %.
In which sector is Genting Bhd located?
Genting Bhd is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Genting Bhd kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Genting Bhd from 10/7/2024 amounting to 0.01 MYR, you needed to have the stock in your portfolio before the ex-date on 9/18/2024.
When did Genting Bhd pay the last dividend?
The last dividend was paid out on 10/7/2024.
What was the dividend of Genting Bhd in the year 2023?
In the year 2023, Genting Bhd distributed 0.15 MYR as dividends.
In which currency does Genting Bhd pay out the dividend?
The dividends of Genting Bhd are distributed in MYR.
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Andere Kennzahlen von Genting Bhd
Our stock analysis for Genting Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Genting Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
