Bally's Balance Sheet Health
Financial Health criteria checks 0/6
Bally's has a total shareholder equity of $635.9M and total debt of $3.7B, which brings its debt-to-equity ratio to 579.4%. Its total assets and total liabilities are $6.9B and $6.2B respectively.
Key information
579.4%
Debt to equity ratio
US$3.68b
Debt
| Interest coverage ratio | n/a |
| Cash | US$168.55m |
| Equity | US$635.85m |
| Total liabilities | US$6.23b |
| Total assets | US$6.86b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Bally's Corporation (NYSE:BALY) Stock's 32% Jump Looks Justified
Mar 29
Are Investors Undervaluing Bally's Corporation (NYSE:BALY) By 30%?
Jan 25Bally's: Continued Pressure On Investor Returns With High Leverage
Dec 03Bally's: Asset-Heavy Business With Large Capital Requirements, Rate Hold
Sep 154 stocks to watch on Monday: Bally's, Ocular Therapeutix and more
Feb 13Bally's Q3 2022 Earnings Preview
Nov 02Elevated Debt Makes Bally's Stock A Gamble
Oct 19Genius Sports enters partnership with Bally’s Interactive
Aug 25Bally's Q2 2022 Earnings Preview
Aug 03Bally's: Positive Long-Term Growth Prospects But Unattractive Valuation
Jul 22Bally's Chicago Casino Win Could Be Okay, But Not A Reason To Be In The Stock
May 09The DraftKings Bally's Dichotomy
Apr 09Bally's: The New Ecosystem Is A Growth Catalyst
Feb 17Financial Position Analysis
Short Term Liabilities: BALY's short term assets ($572.3M) do not cover its short term liabilities ($874.8M).
Long Term Liabilities: BALY's short term assets ($572.3M) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: BALY's net debt to equity ratio (552.9%) is considered high.
Reducing Debt: BALY's debt to equity ratio has increased from 132% to 579.4% 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: BALY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BALY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.