Boyd Gaming Balance Sheet Health
Financial Health criteria checks 3/6
Boyd Gaming has a total shareholder equity of $1.6B and total debt of $3.1B, which brings its debt-to-equity ratio to 188.1%. Its total assets and total liabilities are $6.3B and $4.7B respectively. Boyd Gaming's EBIT is $946.6M making its interest coverage ratio 5.5. It has cash and short-term investments of $287.1M.
Key information
188.1%
Debt to equity ratio
US$3.07b
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$287.08m |
| Equity | US$1.63b |
| Total liabilities | US$4.67b |
| Total assets | US$6.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BO5's short term assets ($501.9M) do not cover its short term liabilities ($610.5M).
Long Term Liabilities: BO5's short term assets ($501.9M) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: BO5's net debt to equity ratio (170.5%) is considered high.
Reducing Debt: BO5's debt to equity ratio has reduced from 305.1% to 188.1% over the past 5 years.
Debt Coverage: BO5's debt is well covered by operating cash flow (29.7%).
Interest Coverage: BO5's interest payments on its debt are well covered by EBIT (5.5x coverage).