Skycity Entertainment Group - Stock

Skycity Entertainment Group Debt 2024

Skycity Entertainment Group Debt

201.34 NZD

Ticker

SKC.NZ

ISIN

NZSKCE0001S2

WKN

906352

In 2024, Skycity Entertainment Group's total debt was 201.34 NZD, a -63.6% change from the 553.08 NZD total debt recorded in the previous year.

Skycity Entertainment Group Aktienanalyse

What does Skycity Entertainment Group do?

Skycity Entertainment Group Ltd specializes in providing entertainment, gaming, and leisure activities. The company was founded in 1996 by SKYCITY and has expanded to become one of the largest providers of gambling and leisure activities in New Zealand and Australia. Skycity Entertainment Group Ltd offers a wide range of services, including casino games, slot machines, restaurants, bars, hotels, and entertainment venues. The company follows a vertical integration strategy to improve efficiency and service quality. Skycity Entertainment Group Ltd operates casinos in New Zealand and Australia, including luxury casinos in Auckland, Hamilton, Queenstown, and Adelaide. The company also operates hotels and restaurants that are often connected to its casinos. Additionally, Skycity Entertainment Group Ltd hosts various entertainment events. Overall, Skycity Entertainment Group Ltd is a diversified company that offers a comprehensive entertainment experience to its customers. Skycity Entertainment Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Skycity Entertainment Group's Debt Structure

Skycity Entertainment Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Skycity Entertainment Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Skycity Entertainment Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Skycity Entertainment Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Skycity Entertainment Group Stock

What is the debt of Skycity Entertainment Group this year?

Skycity Entertainment Group has a debt level of 201.34 NZD this year.

What was the debt of Skycity Entertainment Group compared to the previous year?

The debt of Skycity Entertainment Group has increased by -63.6% compared to the previous year dropped.

What are the consequences of high debt for investors in Skycity Entertainment Group?

High debt can pose a risk for investors of Skycity Entertainment Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Skycity Entertainment Group?

Low debt means that Skycity Entertainment Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Skycity Entertainment Group affect the company?

An increase in debt of Skycity Entertainment Group can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Skycity Entertainment Group affect the company?

A reduction in debt of Skycity Entertainment Group can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Skycity Entertainment Group?

Some factors that can influence the debt of Skycity Entertainment Group include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Skycity Entertainment Group so important for investors?

The debts of Skycity Entertainment Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Skycity Entertainment Group take to change the debt?

To change the debt, Skycity Entertainment Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Skycity Entertainment Group pay?

Over the past 12 months, Skycity Entertainment Group paid a dividend of 0.19 NZD . This corresponds to a dividend yield of about 12.69 %. For the coming 12 months, Skycity Entertainment Group is expected to pay a dividend of 0.19 NZD.

What is the dividend yield of Skycity Entertainment Group?

The current dividend yield of Skycity Entertainment Group is 12.69 %.

When does Skycity Entertainment Group pay dividends?

Skycity Entertainment Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Skycity Entertainment Group?

Skycity Entertainment Group paid dividends every year for the past 4 years.

What is the dividend of Skycity Entertainment Group?

For the upcoming 12 months, dividends amounting to 0.19 NZD are expected. This corresponds to a dividend yield of 12.53 %.

In which sector is Skycity Entertainment Group located?

Skycity Entertainment Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Skycity Entertainment Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Skycity Entertainment Group from 3/21/2024 amounting to 0.082 NZD, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.

When did Skycity Entertainment Group pay the last dividend?

The last dividend was paid out on 3/21/2024.

What was the dividend of Skycity Entertainment Group in the year 2023?

In the year 2023, Skycity Entertainment Group distributed 0 NZD as dividends.

In which currency does Skycity Entertainment Group pay out the dividend?

The dividends of Skycity Entertainment Group are distributed in NZD.

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Andere Kennzahlen von Skycity Entertainment Group

Our stock analysis for Skycity Entertainment Group 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 Skycity Entertainment Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.