Gaming giant cites \u201coutstanding fundamentals\u201d as the basis for its long-term confidence.<\/p>\n\n\n\n\n\n\n\n
Australia.- Global slot machine giant Aristocrat Leisure Limited said its balance sheet and diversity of operations leaves it well placed to face the economic impact of the Coronavirus pandemic.<\/p>\n\n\n\n
The group issued a statement regarding measures it has put in place to protect staff, including broad travel bans as well as social distancing policies that have 80% of Aristocrat\u2019s 6,400-strong staff now working from home.<\/p>\n\n\n\n
The company cited \u201coutstanding fundamentals\u201d as the basis of its long-term confidence, pointing to a conservatively geared balance sheet with a net debt to EBITDA ratio of 1.4x and a long-term loan facility not due until October 2024 that is covenant-lite.<\/p>\n\n\n\n
\u201cOperations are also spread across key global and regional markets, and our Digital and Land-Based businesses are addressing a broader range of segments and genres than ever before,\u201d the statement said.<\/p>\n\n\n\n
\u201cAristocrat is executing comprehensive short and longer-term risk management and mitigation plans, with the intention to position the business to emerge from the challenges caused by COVID-19 as quickly and strongly as possible,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gaming giant cites \u201coutstanding fundamentals\u201d as the basis for its long-term confidence.<\/p>\n","protected":false},"author":2,"featured_media":4610,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Global gaming supplier Aristocrat Leisure Limited asserts its strong balance sheet, characterized by a 1.4x net debt to EBITDA ratio and a covenant-lite loan facility, combined with diversified global operations, positions it robustly against the economic impacts of the COVID-19 pandemic. The company has implemented comprehensive risk management and staff protection measures, including widespread remote work, to ensure operational continuity and emerge strongly from the crisis.","focusai_entities":"Aristocrat Leisure Limited, Aristocrat","focusai_location":"Australia","focusai_target_profile":"ceo_executive (1.0), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Balance Sheet Resilience","query":"How does Aristocrat's current net debt to EBITDA ratio and covenant-lite loan facility compare to industry peers, and what are the implications for its capital allocation strategy post-pandemic?"},{"label":"Operational Diversification Impact","query":"To what extent has Aristocrat's diversification across global markets and between Digital and Land-Based gaming verticals mitigated revenue concentration risk during the COVID-19 disruption?"}],"footnotes":""},"categories":[160,16336,157],"tags":[7299],"class_list":["post-4602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-australasia-news","category-business-news","tag-coronavirus"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=4602"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4602\/revisions"}],"predecessor-version":[{"id":21143,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4602\/revisions\/21143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/4610"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}