Golden Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Golden Entertainment has a total shareholder equity of $537.7M and total debt of $661.4M, which brings its debt-to-equity ratio to 123%. Its total assets and total liabilities are $1.5B and $914.6M respectively. Golden Entertainment's EBIT is $107.9M making its interest coverage ratio 1.6. It has cash and short-term investments of $157.6M.
Key information
123.0%
Debt to equity ratio
US$661.43m
Debt
Interest coverage ratio | 1.6x |
Cash | US$157.55m |
Equity | US$537.73m |
Total liabilities | US$914.55m |
Total assets | US$1.45b |
Recent financial health updates
Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?
Dec 07Here's Why Golden Entertainment (NASDAQ:GDEN) Has A Meaningful Debt Burden
Jul 07Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?
Apr 01These 4 Measures Indicate That Golden Entertainment (NASDAQ:GDEN) Is Using Debt Extensively
Dec 08Here's Why Golden Entertainment (NASDAQ:GDEN) Can Manage Its Debt Responsibly
Aug 24We Think Golden Entertainment (NASDAQ:GDEN) Is Taking Some Risk With Its Debt
Feb 25Recent updates
Is There An Opportunity With Golden Entertainment, Inc.'s (NASDAQ:GDEN) 49% Undervaluation?
Feb 13Benign Growth For Golden Entertainment, Inc. (NASDAQ:GDEN) Underpins Its Share Price
Jan 04Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?
Dec 07Here's Why Golden Entertainment (NASDAQ:GDEN) Has Caught The Eye Of Investors
Nov 04An Intrinsic Calculation For Golden Entertainment, Inc. (NASDAQ:GDEN) Suggests It's 48% Undervalued
Sep 07Here's Why Golden Entertainment (NASDAQ:GDEN) Has A Meaningful Debt Burden
Jul 07Golden Entertainment, Inc. (NASDAQ:GDEN) Shares Could Be 30% Below Their Intrinsic Value Estimate
May 26Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?
Apr 01These 4 Measures Indicate That Golden Entertainment (NASDAQ:GDEN) Is Using Debt Extensively
Dec 08If EPS Growth Is Important To You, Golden Entertainment (NASDAQ:GDEN) Presents An Opportunity
Oct 04Here's Why Golden Entertainment (NASDAQ:GDEN) Can Manage Its Debt Responsibly
Aug 24An Intrinsic Calculation For Golden Entertainment, Inc. (NASDAQ:GDEN) Suggests It's 43% Undervalued
Apr 19Golden Entertainment: A Golden Standard In Casinos And Distributed Gaming
Mar 26We Think Golden Entertainment (NASDAQ:GDEN) Is Taking Some Risk With Its Debt
Feb 25Is Golden Entertainment, Inc. (NASDAQ:GDEN) Trading At A 46% Discount?
Dec 26Golden Entertainment: Best Casino Bet
Dec 19Golden Entertainment: This Is Your Chance To Buy
Sep 29Is Golden Entertainment (NASDAQ:GDEN) A Risky Investment?
Sep 24Robust Earnings May Not Tell The Whole Story For Golden Entertainment (NASDAQ:GDEN)
Aug 13Calculating The Intrinsic Value Of Golden Entertainment, Inc. (NASDAQ:GDEN)
Aug 07Is Golden Entertainment (NASDAQ:GDEN) A Risky Investment?
Jun 19We Think Some Shareholders May Hesitate To Increase Golden Entertainment, Inc.'s (NASDAQ:GDEN) CEO Compensation
May 29Golden Entertainment pops after big earnings beat, Union Gaming PT boost
May 07Is There An Opportunity With Golden Entertainment, Inc.'s (NASDAQ:GDEN) 21% Undervaluation?
May 02Is Golden Entertainment (NASDAQ:GDEN) A Risky Investment?
Mar 10What Type Of Shareholders Make Up Golden Entertainment, Inc.'s (NASDAQ:GDEN) Share Registry?
Feb 17Golden Entertainment, Inc. (NASDAQ:GDEN) Insiders Increased Their Holdings
Jan 24Shareholders Of Golden Entertainment (NASDAQ:GDEN) Must Be Happy With Their 128% Total Return
Jan 03Does Golden Entertainment's (NASDAQ:GDEN) CEO Salary Compare Well With The Performance Of The Company?
Dec 13Is Golden Entertainment (NASDAQ:GDEN) A Risky Investment?
Nov 25Casinos bid down on anxiety over near-term traffic
Nov 12Golden Entertainment called a deleveraging story by Union Gaming
Nov 06Investors snap up leisure stocks in post-election trade
Nov 04Roth Capital sees huge upside for Golden Entertainment with catalysts in play
Nov 02Financial Position Analysis
Short Term Liabilities: GDEN's short term assets ($409.4M) exceed its short term liabilities ($174.4M).
Long Term Liabilities: GDEN's short term assets ($409.4M) do not cover its long term liabilities ($740.2M).
Debt to Equity History and Analysis
Debt Level: GDEN's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: GDEN's debt to equity ratio has reduced from 305.9% to 123% over the past 5 years.
Debt Coverage: GDEN's debt is not well covered by operating cash flow (18%).
Interest Coverage: GDEN's interest payments on its debt are not well covered by EBIT (1.6x coverage).