Caesars Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Caesars Entertainment has a total shareholder equity of $4.7B and total debt of $12.3B, which brings its debt-to-equity ratio to 260.4%. Its total assets and total liabilities are $33.4B and $28.6B respectively. Caesars Entertainment's EBIT is $2.6B making its interest coverage ratio 1.1. It has cash and short-term investments of $1.0B.
Key information
260.4%
Debt to equity ratio
US$12.29b
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$1.01b |
| Equity | US$4.72b |
| Total liabilities | US$28.65b |
| Total assets | US$33.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C2ZR34's short term assets ($2.0B) do not cover its short term liabilities ($2.7B).
Long Term Liabilities: C2ZR34's short term assets ($2.0B) do not cover its long term liabilities ($26.0B).
Debt to Equity History and Analysis
Debt Level: C2ZR34's net debt to equity ratio (239.1%) is considered high.
Reducing Debt: C2ZR34's debt to equity ratio has reduced from 410.2% to 260.4% over the past 5 years.
Debt Coverage: C2ZR34's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: C2ZR34's interest payments on its debt are not well covered by EBIT (1.1x coverage).