Hall of Fame Resort & Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Hall of Fame Resort & Entertainment has a total shareholder equity of $93.7M and total debt of $241.6M, which brings its debt-to-equity ratio to 257.8%. Its total assets and total liabilities are $435.6M and $341.9M respectively.
Key information
257.8%
Debt to equity ratio
US$241.59m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.57m |
| Equity | US$93.70m |
| Total liabilities | US$341.94m |
| Total assets | US$435.64m |
Recent financial health updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Hall of Fame Resort & Entertainment Company's (NASDAQ:HOFV) CEO Compensation For The Time Being
Nov 14
Hall of Fame Resort & Entertainment Q2 revenue up Y/Y
Aug 11Shareholders In Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Should Look Beyond Earnings For The Full Story
May 17Hall Of Fame Resort And Entertainment: Not The Disney World Of Football, Merely A Midwestern Mirage
Jun 30Transcripts From Exclusive Meeting With Michael Crawford, CEO, Hall Of Fame Resort & Entertainment Company
Jun 08Hall Of Fame Resort And Entertainment Is A Potential Multi-Bagger
Apr 27How Much Of Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) Do Insiders Own?
Feb 25Bet On Hall Of Fame Resort & Entertainment Before They Score Again
Jan 10The Director of Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV), Stuart Lichter, Just Bought 245% More Shares
Jan 04
Hall of Fame Resort & Entertainment jumps almost 6% after securing $40M loan
Dec 02Hall of Fame Resort & Entertainment enter partnership with Republic Services
Nov 20Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) Insiders Increased Their Holdings
Nov 19Financial Position Analysis
Short Term Liabilities: HOFV's short term assets ($17.0M) do not cover its short term liabilities ($122.0M).
Long Term Liabilities: HOFV's short term assets ($17.0M) do not cover its long term liabilities ($219.9M).
Debt to Equity History and Analysis
Debt Level: HOFV's net debt to equity ratio (255.1%) is considered high.
Reducing Debt: HOFV's debt to equity ratio has reduced from 275.5% to 257.8% 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: HOFV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HOFV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hall of Fame Resort & Entertainment Company is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Diana | Maxim Group |
| null null | Maxim Group |