Silver Heritage Debt/Equity

What is the Debt/Equity of Silver Heritage?

The Debt/Equity of Silver Heritage Group Limited is 12,115.69

What is the definition of Debt/Equity?

Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.

lfy (last fiscal year)

The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.

What does Silver Heritage do?

Silver Heritage Group Limited operates and manages casinos in Nepal. It owns and operates Tiger Palace Resort with 100 5 star rooms and 2 villas. The company also operates The Millionaire's Club & Casino with 20 table games and 36 slot machines in Kathmandu, Nepal; and manages gaming operations at the Phoenix International Club in Bac Ninh, Vietnam. The company was founded in 2003 and is headquartered in Wanchai, Hong Kong.

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