Wynn Resorts Balance Sheet Health
Financial Health criteria checks 0/6
Wynn Resorts has a total shareholder equity of $-1.7B and total debt of $13.4B, which brings its debt-to-equity ratio to -784.4%. Its total assets and total liabilities are $13.3B and $15.0B respectively. Wynn Resorts's EBIT is $934.7M making its interest coverage ratio 1.6. It has cash and short-term investments of $3.6B.
Key information
-784.4%
Debt to equity ratio
US$13.41b
Debt
Interest coverage ratio | 1.6x |
Cash | US$3.58b |
Equity | -US$1.71b |
Total liabilities | US$15.05b |
Total assets | US$13.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W1YN34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: W1YN34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: W1YN34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: W1YN34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: W1YN34's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: W1YN34's interest payments on its debt are not well covered by EBIT (1.6x coverage).