Light & Wonder Balance Sheet Health
Financial Health criteria checks 2/6
Light & Wonder has a total shareholder equity of $786.0M and total debt of $3.9B, which brings its debt-to-equity ratio to 492.5%. Its total assets and total liabilities are $5.5B and $4.8B respectively. Light & Wonder's EBIT is $759.0M making its interest coverage ratio 2.9. It has cash and short-term investments of $321.0M.
Key information
492.5%
Debt to equity ratio
US$3.87b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$321.00m |
| Equity | US$786.00m |
| Total liabilities | US$4.75b |
| Total assets | US$5.54b |
Recent financial health updates
We Think Light & Wonder (NASDAQ:LNW) Is Taking Some Risk With Its Debt
Sep 18
Is Light & Wonder (NASDAQ:LNW) Using Too Much Debt?
May 26Light & Wonder (NASDAQ:LNW) Has A Somewhat Strained Balance Sheet
Feb 04These 4 Measures Indicate That Light & Wonder (NASDAQ:LNW) Is Using Debt Extensively
Nov 01Does Light & Wonder (NASDAQ:LNW) Have A Healthy Balance Sheet?
Aug 01Here's Why Light & Wonder (NASDAQ:LNW) Has A Meaningful Debt Burden
Apr 14Recent updates
Investor Optimism Abounds Light & Wonder, Inc. (NASDAQ:LNW) But Growth Is Lacking
Oct 01We Think Light & Wonder (NASDAQ:LNW) Is Taking Some Risk With Its Debt
Sep 18Is It Time To Consider Buying Light & Wonder, Inc. (NASDAQ:LNW)?
Aug 22Light & Wonder: How Far Can The Growth Momentum Last?
Aug 20Is Light & Wonder, Inc. (NASDAQ:LNW) Trading At A 21% Discount?
Jul 30Light & Wonder: Among First Movers In The Gaming Industry's AI Revolution
Jun 07Is Light & Wonder (NASDAQ:LNW) Using Too Much Debt?
May 26Light & Wonder, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 11Should You Think About Buying Light & Wonder, Inc. (NASDAQ:LNW) Now?
Apr 30Unpleasant Surprises Could Be In Store For Light & Wonder, Inc.'s (NASDAQ:LNW) Shares
Apr 15An Intrinsic Calculation For Light & Wonder, Inc. (NASDAQ:LNW) Suggests It's 30% Undervalued
Mar 15Light & Wonder: This Gambling Tech Operator Transformed Into A Strong Sector Entry
Mar 11Light & Wonder (NASDAQ:LNW) Has A Somewhat Strained Balance Sheet
Feb 04Is Now An Opportune Moment To Examine Light & Wonder, Inc. (NASDAQ:LNW)?
Jan 17Light & Wonder, Inc.'s (NASDAQ:LNW) Share Price Could Signal Some Risk
Dec 30These 4 Measures Indicate That Light & Wonder (NASDAQ:LNW) Is Using Debt Extensively
Nov 01Are Investors Undervaluing Light & Wonder, Inc. (NASDAQ:LNW) By 48%?
Sep 20Does Light & Wonder (NASDAQ:LNW) Have A Healthy Balance Sheet?
Aug 01Is Now The Time To Look At Buying Light & Wonder, Inc. (NASDAQ:LNW)?
Jul 11There's Reason For Concern Over Light & Wonder, Inc.'s (NASDAQ:LNW) Price
Jun 16Light & Wonder, Inc.'s (NASDAQ:LNW) Intrinsic Value Is Potentially 54% Above Its Share Price
May 29Here's Why Light & Wonder (NASDAQ:LNW) Has A Meaningful Debt Burden
Apr 14Why Light & Wonder, Inc. (NASDAQ:LNW) Could Be Worth Watching
Mar 03Is Light & Wonder (NASDAQ:LNW) A Risky Investment?
Jan 07Are Investors Undervaluing Light & Wonder, Inc. (NASDAQ:LNW) By 49%?
Nov 08Light & Wonder acquires House Advantage assets
Oct 06Light & Wonder appoints Matt Wilson as interim CEO
Aug 30Light & Wonder GAAP EPS of -$1.62 misses by $1.67, revenue of $610M beats by $13.93M
Aug 09An Intrinsic Calculation For Light & Wonder, Inc. (NASDAQ:LNW) Suggests It's 34% Undervalued
Aug 03Light & Wonder amends purchase agreement with Endeavor
Jun 30Financial Position Analysis
Short Term Liabilities: LNW's short term assets ($1.3B) exceed its short term liabilities ($696.0M).
Long Term Liabilities: LNW's short term assets ($1.3B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: LNW's net debt to equity ratio (451.7%) is considered high.
Reducing Debt: LNW had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: LNW's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: LNW's interest payments on its debt are not well covered by EBIT (2.9x coverage).