PENN Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
PENN Entertainment has a total shareholder equity of $3.2B and total debt of $2.8B, which brings its debt-to-equity ratio to 86.4%. Its total assets and total liabilities are $16.1B and $12.9B respectively. PENN Entertainment's EBIT is $398.3M making its interest coverage ratio 0.9. It has cash and short-term investments of $1.1B.
Key information
86.4%
Debt to equity ratio
US$2.77b
Debt
Interest coverage ratio | 0.9x |
Cash | US$1.07b |
Equity | US$3.20b |
Total liabilities | US$12.86b |
Total assets | US$16.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PN1's short term assets ($1.7B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: PN1's short term assets ($1.7B) do not cover its long term liabilities ($11.4B).
Debt to Equity History and Analysis
Debt Level: PN1's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: PN1's debt to equity ratio has reduced from 329.9% to 86.4% over the past 5 years.
Debt Coverage: PN1's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: PN1's interest payments on its debt are not well covered by EBIT (0.9x coverage).