PENN Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
PENN Entertainment has a total shareholder equity of $3.1B and total debt of $2.8B, which brings its debt-to-equity ratio to 90%. Its total assets and total liabilities are $15.6B and $12.5B respectively. PENN Entertainment's EBIT is $177.8M making its interest coverage ratio 0.4. It has cash and short-term investments of $903.6M.
Key information
90.0%
Debt to equity ratio
US$2.77b
Debt
Interest coverage ratio | 0.4x |
Cash | US$903.60m |
Equity | US$3.07b |
Total liabilities | US$12.54b |
Total assets | US$15.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PENN *'s short term assets ($1.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: PENN *'s short term assets ($1.4B) do not cover its long term liabilities ($11.2B).
Debt to Equity History and Analysis
Debt Level: PENN *'s net debt to equity ratio (60.6%) is considered high.
Reducing Debt: PENN *'s debt to equity ratio has reduced from 127.5% to 90% 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: Insufficient data to determine if PENN * has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PENN * has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.