Golden Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Golden Entertainment has a total shareholder equity of $569.6M and total debt of $661.1M, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are $1.5B and $932.3M respectively. Golden Entertainment's EBIT is $85.7M making its interest coverage ratio 1.5. It has cash and short-term investments of $404.3M.
Key information
116.1%
Debt to equity ratio
US$661.09m
Debt
Interest coverage ratio | 1.5x |
Cash | US$404.34m |
Equity | US$569.62m |
Total liabilities | US$932.31m |
Total assets | US$1.50b |
Recent financial health updates
We Think Golden Entertainment (NASDAQ:GDEN) Is Taking Some Risk With Its Debt
Apr 19Is 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 24Recent updates
Golden Entertainment: Current Divestitures And Attractive Valuation Offer Compelling Opportunity
Jul 12Insufficient Growth At Golden Entertainment, Inc. (NASDAQ:GDEN) Hampers Share Price
Jul 05Golden Entertainment's Strategic Growth And Undervaluation
Jun 25Why Golden Entertainment's (NASDAQ:GDEN) Healthy Earnings Aren’t As Good As They Seem
May 21We Think Golden Entertainment (NASDAQ:GDEN) Is Taking Some Risk With Its Debt
Apr 19Is 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 24Financial Position Analysis
Short Term Liabilities: GDEN's short term assets ($449.8M) exceed its short term liabilities ($190.2M).
Long Term Liabilities: GDEN's short term assets ($449.8M) do not cover its long term liabilities ($742.1M).
Debt to Equity History and Analysis
Debt Level: GDEN's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: GDEN's debt to equity ratio has reduced from 351.2% to 116.1% over the past 5 years.
Debt Coverage: GDEN's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: GDEN's interest payments on its debt are not well covered by EBIT (1.5x coverage).