Las Vegas Sands Balance Sheet Health

Financial Health criteria checks 3/6

Las Vegas Sands has a total shareholder equity of $4.1B and total debt of $14.0B, which brings its debt-to-equity ratio to 341.4%. Its total assets and total liabilities are $21.8B and $17.7B respectively. Las Vegas Sands's EBIT is $2.3B making its interest coverage ratio 4.4. It has cash and short-term investments of $5.1B.

Key information

341.4%

Debt to equity ratio

US$14.01b

Debt

Interest coverage ratio4.4x
CashUS$5.11b
EquityUS$4.10b
Total liabilitiesUS$17.67b
Total assetsUS$21.78b

Recent financial health updates

Recent updates

An Intrinsic Calculation For Las Vegas Sands Corp. (NYSE:LVS) Suggests It's 38% Undervalued

Mar 16
An Intrinsic Calculation For Las Vegas Sands Corp. (NYSE:LVS) Suggests It's 38% Undervalued

Las Vegas Sands: Early Upside Move May Signal More Ahead Than Many Believe

Mar 13

Las Vegas Sands (NYSE:LVS) Seems To Use Debt Quite Sensibly

Feb 27
Las Vegas Sands (NYSE:LVS) Seems To Use Debt Quite Sensibly

Las Vegas Sands: Rolling The Dice Ahead Of Earnings, EPS Growth Expected

Jan 24

Investors Interested In Las Vegas Sands Corp.'s (NYSE:LVS) Revenues

Dec 29
Investors Interested In Las Vegas Sands Corp.'s (NYSE:LVS) Revenues

What Is Las Vegas Sands Corp.'s (NYSE:LVS) Share Price Doing?

Dec 07
What Is Las Vegas Sands Corp.'s (NYSE:LVS) Share Price Doing?

Is Las Vegas Sands Corp. (NYSE:LVS) Trading At A 32% Discount?

Nov 16
Is Las Vegas Sands Corp. (NYSE:LVS) Trading At A 32% Discount?

Las Vegas Sands: Still Undervalued Due To Witches' Brew Of Investor Skepticism

Nov 15

Las Vegas Sands: Strong Buy Case Cannot Be Ignored Much Longer

Sep 20

At US$52.43, Is It Time To Put Las Vegas Sands Corp. (NYSE:LVS) On Your Watch List?

Sep 07
At US$52.43, Is It Time To Put Las Vegas Sands Corp. (NYSE:LVS) On Your Watch List?

These 4 Measures Indicate That Las Vegas Sands (NYSE:LVS) Is Using Debt Extensively

Aug 17
These 4 Measures Indicate That Las Vegas Sands (NYSE:LVS) Is Using Debt Extensively

Calculating The Intrinsic Value Of Las Vegas Sands Corp. (NYSE:LVS)

Jul 30
Calculating The Intrinsic Value Of Las Vegas Sands Corp. (NYSE:LVS)

Las Vegas Sands: Q2 News This Week Could Be A Beat

Jul 17

At US$58.94, Is Las Vegas Sands Corp. (NYSE:LVS) Worth Looking At Closely?

Jun 05
At US$58.94, Is Las Vegas Sands Corp. (NYSE:LVS) Worth Looking At Closely?

Is Las Vegas Sands (NYSE:LVS) A Risky Investment?

May 14
Is Las Vegas Sands (NYSE:LVS) A Risky Investment?

Estimating The Fair Value Of Las Vegas Sands Corp. (NYSE:LVS)

Apr 17
Estimating The Fair Value Of Las Vegas Sands Corp. (NYSE:LVS)

Should You Investigate Las Vegas Sands Corp. (NYSE:LVS) At US$56.15?

Feb 26
Should You Investigate Las Vegas Sands Corp. (NYSE:LVS) At US$56.15?

Las Vegas Sands: The Best Way To Play China Opening Up

Feb 03

Would Las Vegas Sands (NYSE:LVS) Be Better Off With Less Debt?

Jan 30
Would Las Vegas Sands (NYSE:LVS) Be Better Off With Less Debt?

Las Vegas Sands: Undervalued Due To Majority Family Holdings

Jan 20

Is Las Vegas Sands Corp. (NYSE:LVS) Trading At A 40% Discount?

Jan 03
Is Las Vegas Sands Corp. (NYSE:LVS) Trading At A 40% Discount?

Las Vegas Sands: At 'The End Of The Beginning,' Stock Is A Buy

Nov 14

What to expect from Las Vegas Sands Q3 Earnings?

Oct 18

Is Las Vegas Sands (NYSE:LVS) Using Too Much Debt?

Oct 05
Is Las Vegas Sands (NYSE:LVS) Using Too Much Debt?

Las Vegas Sands: Capitulation Is Here Or Near - We're Now Guiding Hold Until Management Moves

Sep 20

Las Vegas Sands: The Prudent Move Here Is To Take Some Profits

Sep 01

Las Vegas Sands Has A Macau And Convention Revenue Problem

Jul 18

Las Vegas Sands signs loan agreement with Sands China

Jul 11

Is Las Vegas Sands (NYSE:LVS) A Risky Investment?

Jun 21
Is Las Vegas Sands (NYSE:LVS) A Risky Investment?

Las Vegas Sands: Buy Macao And Get Marina Bay Sands For Free

May 14

Time To Worry? Analysts Just Downgraded Their Las Vegas Sands Corp. (NYSE:LVS) Outlook

Apr 29
Time To Worry? Analysts Just Downgraded Their Las Vegas Sands Corp. (NYSE:LVS) Outlook

Las Vegas Sands: Outlook Can Only Get Better From Here

Apr 28

Las Vegas Sands: Time To Catch A Fallen Angel - An Icahn Moment Has Arrived

Mar 14

Does Las Vegas Sands (NYSE:LVS) Have A Healthy Balance Sheet?

Feb 21
Does Las Vegas Sands (NYSE:LVS) Have A Healthy Balance Sheet?

Las Vegas Sands: China's Zero COVID Policy Unsustainable

Jan 22

Las Vegas Sands: Analyst Downgrades Cite Fading Headwinds, Stock Remains A Buy

Jan 12

Las Vegas Sands: The Entry Point Gets More Attractive By The Day But Nobody Seems Interested

Dec 16

Wynn And Las Vegas Sands: All Bets Are Off On These Casino Stocks

Dec 02

Las Vegas Sands: Macau Gaming Will Return Slowly Despite China's Economic Risks

Nov 23

Las Vegas Sands (NYSE:LVS) Is Carrying A Fair Bit Of Debt

Nov 07
Las Vegas Sands (NYSE:LVS) Is Carrying A Fair Bit Of Debt

Las Vegas Sands: A Low-Risk Gamble At Rock Bottom Prices In A Fast Growing Industry

Oct 22

Las Vegas Sands: Bears Have Traded It Down To A Screaming Buy

Oct 07

Las Vegas Sands: Hiding In Plain Sight Again, New Management Wrestles With 'Sheldon-Less' Vision For Future

Sep 14

Las Vegas Sands Is Still A Diamond Without Las Vegas

Sep 01

Las Vegas Sands: Earn A 16% Annualized Yield Buying This Oversold Cash Flow Monster

Aug 05

These Analysts Think Las Vegas Sands Corp.'s (NYSE:LVS) Earnings Are Under Threat

Jul 22
These Analysts Think Las Vegas Sands Corp.'s (NYSE:LVS) Earnings Are Under Threat

Las Vegas Sands: Time To Buy, Lawsuit Or Not, Asia Recovery Is Closer Than You Think

Jun 29

Las Vegas Sands Corp. (NYSE:LVS) Shares Could Be 34% Below Their Intrinsic Value Estimate

Jun 18
Las Vegas Sands Corp. (NYSE:LVS) Shares Could Be 34% Below Their Intrinsic Value Estimate

Financial Position Analysis

Short Term Liabilities: LVS's short term assets ($5.8B) exceed its short term liabilities ($4.4B).

Long Term Liabilities: LVS's short term assets ($5.8B) do not cover its long term liabilities ($13.3B).


Debt to Equity History and Analysis

Debt Level: LVS's net debt to equity ratio (217%) is considered high.

Reducing Debt: LVS's debt to equity ratio has increased from 177.5% to 341.4% over the past 5 years.

Debt Coverage: LVS's debt is well covered by operating cash flow (23%).

Interest Coverage: LVS's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


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