Caesars Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Caesars Entertainment has a total shareholder equity of $4.4B and total debt of $12.5B, which brings its debt-to-equity ratio to 285.9%. Its total assets and total liabilities are $33.0B and $28.6B respectively. Caesars Entertainment's EBIT is $2.4B making its interest coverage ratio 1. It has cash and short-term investments of $802.0M.
Key information
285.9%
Debt to equity ratio
US$12.54b
Debt
| Interest coverage ratio | 1x |
| Cash | US$802.00m |
| Equity | US$4.38b |
| Total liabilities | US$28.59b |
| Total assets | US$32.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CZR1 *'s short term assets ($1.9B) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: CZR1 *'s short term assets ($1.9B) do not cover its long term liabilities ($26.3B).
Debt to Equity History and Analysis
Debt Level: CZR1 *'s net debt to equity ratio (267.7%) is considered high.
Reducing Debt: CZR1 *'s debt to equity ratio has increased from 261.9% to 285.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CZR1 * has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CZR1 * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.