Bally's Balance Sheet Health
Financial Health criteria checks 0/6
Bally's has a total shareholder equity of $449.8M and total debt of $3.7B, which brings its debt-to-equity ratio to 819.5%. Its total assets and total liabilities are $6.6B and $6.2B respectively.
Key information
819.5%
Debt to equity ratio
US$3.69b
Debt
Interest coverage ratio | n/a |
Cash | US$175.97m |
Equity | US$449.81m |
Total liabilities | US$6.19b |
Total assets | US$6.64b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Bally's Corporation (NYSE:BALY) Stock's 32% Jump Looks Justified
Mar 29Are 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 ($536.1M) do not cover its short term liabilities ($875.8M).
Long Term Liabilities: BALY's short term assets ($536.1M) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: BALY's net debt to equity ratio (780.3%) is considered high.
Reducing Debt: BALY's debt to equity ratio has increased from 103.9% to 819.5% 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.