Boyd Gaming Balance Sheet Health
Financial Health criteria checks 3/6
Boyd Gaming has a total shareholder equity of $2.7B and total debt of $1.9B, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are $6.5B and $3.8B respectively. Boyd Gaming's EBIT is $944.1M making its interest coverage ratio 5.4. It has cash and short-term investments of $319.9M.
Key information
70.95%
Debt to equity ratio
US$1.89b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$319.87m |
| Equity | US$2.67b |
| Total liabilities | US$3.85b |
| Total assets | US$6.51b |
Recent financial health updates
Is Boyd Gaming (NYSE:BYD) A Risky Investment?
Jul 06
Boyd Gaming (NYSE:BYD) Takes On Some Risk With Its Use Of Debt
Mar 27We Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its Debt
Dec 25Recent updates
Boyd Gaming: Market Got This 7% Drop Wrong
Oct 26Investors Holding Back On Boyd Gaming Corporation (NYSE:BYD)
Sep 24Boyd Gaming (NYSE:BYD) Is Due To Pay A Dividend Of $0.18
Aug 17Is Boyd Gaming (NYSE:BYD) A Risky Investment?
Jul 06Calculating The Intrinsic Value Of Boyd Gaming Corporation (NYSE:BYD)
Jun 22Boyd Gaming Corporation's (NYSE:BYD) Earnings Are Not Doing Enough For Some Investors
May 26Boyd Gaming's (NYSE:BYD) Dividend Will Be $0.18
May 12Boyd Gaming: No Recession Clouds On The Horizon
Apr 28Boyd Gaming: One Of The Best 'Buy On The Dip' Stories In The Sector
Apr 15Boyd Gaming (NYSE:BYD) Is Experiencing Growth In Returns On Capital
Apr 11Boyd Gaming (NYSE:BYD) Takes On Some Risk With Its Use Of Debt
Mar 27A Look At The Fair Value Of Boyd Gaming Corporation (NYSE:BYD)
Mar 11Boyd Gaming: Ended 2024 On A Strong Note
Mar 02Boyd Gaming's (NYSE:BYD) Dividend Will Be Increased To $0.18
Feb 26At US$79.52, Is Boyd Gaming Corporation (NYSE:BYD) Worth Looking At Closely?
Feb 20Market Cool On Boyd Gaming Corporation's (NYSE:BYD) Earnings
Feb 07We Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its Debt
Dec 25Boyd Gaming: Great Business, Investment Advantages Waning (Rating Downgrade)
Dec 14An Intrinsic Calculation For Boyd Gaming Corporation (NYSE:BYD) Suggests It's 37% Undervalued
Dec 01Boyd Gaming: Virginia Project Prolongs Solid Momentum (Rating Upgrade)
Dec 01Boyd Gaming: Morgan Stanley Upgrade Earned, But True North Is Higher
Sep 16
Strategic Expansion And Modernization Fuel Revenue And Profit Growth In Hospitality Giant
Expansion and modernization, alongside diversification into online segments, are poised to significantly bolster revenues and net margins.Boyd Gaming: Despite Not Meeting Expectations, Boyd Did Not Lose Its Fundamentals
May 02Financial Position Analysis
Short Term Liabilities: BYD's short term assets ($495.6M) do not cover its short term liabilities ($963.4M).
Long Term Liabilities: BYD's short term assets ($495.6M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: BYD's net debt to equity ratio (59%) is considered high.
Reducing Debt: BYD's debt to equity ratio has reduced from 382% to 71% over the past 5 years.
Debt Coverage: BYD's debt is well covered by operating cash flow (50.9%).
Interest Coverage: BYD's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/19 13:56 |
| End of Day Share Price | 2025/11/19 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Boyd Gaming Corporation is covered by 32 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Felicia Kantor Hendrix | Barclays |
| Brandt Montour | Barclays |