Golden Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Golden Entertainment has a total shareholder equity of $537.7M and total debt of $661.4M, which brings its debt-to-equity ratio to 123%. Its total assets and total liabilities are $1.5B and $914.6M respectively. Golden Entertainment's EBIT is $107.9M making its interest coverage ratio 1.6. It has cash and short-term investments of $157.6M.
Key information
123.0%
Debt to equity ratio
US$661.43m
Debt
Interest coverage ratio | 1.6x |
Cash | US$157.55m |
Equity | US$537.73m |
Total liabilities | US$914.55m |
Total assets | US$1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GE6's short term assets ($409.4M) exceed its short term liabilities ($174.4M).
Long Term Liabilities: GE6's short term assets ($409.4M) do not cover its long term liabilities ($740.2M).
Debt to Equity History and Analysis
Debt Level: GE6's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: GE6's debt to equity ratio has reduced from 305.9% to 123% over the past 5 years.
Debt Coverage: GE6's debt is not well covered by operating cash flow (18%).
Interest Coverage: GE6's interest payments on its debt are not well covered by EBIT (1.6x coverage).