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 ($18.9M).
Long Term Liabilities: HOFV's short term assets ($17.0M) do not cover its long term liabilities ($323.0M).
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