Wynn Resorts Balance Sheet Health
Financial Health criteria checks 0/6
Wynn Resorts has a total shareholder equity of $-1.1B and total debt of $11.7B, which brings its debt-to-equity ratio to -1066.2%. Its total assets and total liabilities are $14.0B and $15.1B respectively. Wynn Resorts's EBIT is $1.1B making its interest coverage ratio 1.8. It has cash and short-term investments of $3.7B.
Key information
-1,066.2%
Debt to equity ratio
US$11.74b
Debt
Interest coverage ratio | 1.8x |
Cash | US$3.73b |
Equity | -US$1.10b |
Total liabilities | US$15.10b |
Total assets | US$14.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QYK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0QYK 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: 0QYK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0QYK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0QYK's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 0QYK's interest payments on its debt are not well covered by EBIT (1.8x coverage).