Caesars Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Caesars Entertainment has a total shareholder equity of $4.6B and total debt of $12.3B, which brings its debt-to-equity ratio to 267.3%. Its total assets and total liabilities are $33.1B and $28.5B respectively. Caesars Entertainment's EBIT is $2.4B making its interest coverage ratio 1. It has cash and short-term investments of $726.0M.
Key information
267.3%
Debt to equity ratio
US$12.27b
Debt
Interest coverage ratio | 1x |
Cash | US$726.00m |
Equity | US$4.59b |
Total liabilities | US$28.47b |
Total assets | US$33.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CZR1 *'s short term assets ($1.7B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: CZR1 *'s short term assets ($1.7B) do not cover its long term liabilities ($25.9B).
Debt to Equity History and Analysis
Debt Level: CZR1 *'s net debt to equity ratio (251.5%) is considered high.
Reducing Debt: CZR1 *'s debt to equity ratio has reduced from 287.5% to 267.3% over the past 5 years.
Debt Coverage: CZR1 *'s debt is not well covered by operating cash flow (14%).
Interest Coverage: CZR1 *'s interest payments on its debt are not well covered by EBIT (1x coverage).