PlayAGS Balance Sheet Health
Financial Health criteria checks 1/6
PlayAGS has a total shareholder equity of $70.8M and total debt of $534.9M, which brings its debt-to-equity ratio to 755%. Its total assets and total liabilities are $664.7M and $593.9M respectively. PlayAGS's EBIT is $68.5M making its interest coverage ratio 1.3. It has cash and short-term investments of $49.2M.
Key information
755.0%
Debt to equity ratio
US$534.87m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$49.23m |
| Equity | US$70.84m |
| Total liabilities | US$593.85m |
| Total assets | US$664.70m |
Recent financial health updates
Here's Why PlayAGS (NYSE:AGS) Has A Meaningful Debt Burden
Nov 08
PlayAGS (NYSE:AGS) Has A Somewhat Strained Balance Sheet
Jul 13PlayAGS (NYSE:AGS) Takes On Some Risk With Its Use Of Debt
Sep 09PlayAGS (NYSE:AGS) Takes On Some Risk With Its Use Of Debt
Jun 01We Think PlayAGS (NYSE:AGS) Is Taking Some Risk With Its Debt
Mar 01Recent updates
PlayAGS: Why Brightstar Capital's Acquisition Makes The Stock A Buy
May 29The Little Engine That Could, PlayAGS Has Tripled Since 2022 And Has Been Bought
May 16A Look At The Intrinsic Value Of PlayAGS, Inc. (NYSE:AGS)
Feb 15Here's Why PlayAGS (NYSE:AGS) Has A Meaningful Debt Burden
Nov 08PlayAGS, Inc.'s (NYSE:AGS) Intrinsic Value Is Potentially 72% Above Its Share Price
Oct 18PlayAGS Sees Demand For New Products Though Revenue Growth Settles
Oct 12PlayAGS (NYSE:AGS) Has A Somewhat Strained Balance Sheet
Jul 13PlayAGS (NYSE:AGS) Is Experiencing Growth In Returns On Capital
Jun 08PlayAGS Appears Well Positioned For Casino Rebound
Feb 17PlayAGS signs deal for online games with Caesars Sportsbook & Casino
Jan 24PlayAGS GAAP EPS of $0.01 beats by $0.02, revenue of $78.26M beats by $2.44M
Nov 08PlayAGS: This Small Gaming Equipment Maker Shows Resilience And Possible Upside Ahead
Oct 27PlayAGS (NYSE:AGS) Takes On Some Risk With Its Use Of Debt
Sep 09PlayAGS skyrockets 30% on report of bid from Inspired Entertainment
Aug 12Casino stock, PlayAGS sees lowered price target at Deutsche amid a mixed bag of upside and downside risks
Jul 14PlayAGS' (NYSE:AGS) Returns On Capital Are Heading Higher
Jun 22PlayAGS (NYSE:AGS) Takes On Some Risk With Its Use Of Debt
Jun 01We Think PlayAGS (NYSE:AGS) Is Taking Some Risk With Its Debt
Mar 01Returns At PlayAGS (NYSE:AGS) Are On The Way Up
Dec 16PlayAGS (NYSE:AGS) Is Doing The Right Things To Multiply Its Share Price
Sep 12Financial Position Analysis
Short Term Liabilities: AGS's short term assets ($168.8M) exceed its short term liabilities ($50.4M).
Long Term Liabilities: AGS's short term assets ($168.8M) do not cover its long term liabilities ($543.5M).
Debt to Equity History and Analysis
Debt Level: AGS's net debt to equity ratio (685.5%) is considered high.
Reducing Debt: AGS's debt to equity ratio has increased from 412.2% to 755% over the past 5 years.
Debt Coverage: AGS's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: AGS's interest payments on its debt are not well covered by EBIT (1.3x coverage).