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Nevada Gold & Casinos (Nevada Gold & Casinos) EBITDA : $3.69 Mil (TTM As of Jan. 2019)


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What is Nevada Gold & Casinos EBITDA?

Nevada Gold & Casinos's EBITDA for the three months ended in Jan. 2019 was $0.30 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Jan. 2019 was $3.69 Mil.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

Nevada Gold & Casinos's EBITDA per Share for the three months ended in Jan. 2019 was $0.02. Its EBITDA per share for the trailing twelve months (TTM) ended in Jan. 2019 was $0.22.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.


Nevada Gold & Casinos EBITDA Historical Data

The historical data trend for Nevada Gold & Casinos's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nevada Gold & Casinos EBITDA Chart

Nevada Gold & Casinos Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 5.57 5.85 5.12 5.19

Nevada Gold & Casinos Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 2.39 0.36 0.65 0.30

Competitive Comparison of Nevada Gold & Casinos's EBITDA

For the Resorts & Casinos subindustry, Nevada Gold & Casinos's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nevada Gold & Casinos's EV-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nevada Gold & Casinos's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Nevada Gold & Casinos's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Nevada Gold & Casinos's EBITDA for the fiscal year that ended in Apr. 2018 is calculated as

Nevada Gold & Casinos's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Apr. 2018, Nevada Gold & Casinos's EBITDA was $5.19 Mil.

Nevada Gold & Casinos's EBITDA for the quarter that ended in Jan. 2019 is calculated as

Nevada Gold & Casinos's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Jan. 2019, Nevada Gold & Casinos's EBITDA was $0.30 Mil.

EBITDA for the trailing twelve months (TTM) ended in Jan. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.69 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Nevada Gold & Casinos  (AMEX:UWN) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Nevada Gold & Casinos EBITDA Related Terms

Thank you for viewing the detailed overview of Nevada Gold & Casinos's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Nevada Gold & Casinos (Nevada Gold & Casinos) Business Description

Traded in Other Exchanges
N/A
Address
133 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Nevada Gold & Casinos Inc is a gaming company involved in financing, developing, owning and operating gaming properties and projects. It operates with Washington, South Dakota, Nevada and Corporate segments. The Washington Gold segment consists of the Washington mini-casinos. The South Dakota Gold segment includes slot route operation in South Dakota. The Nevada segment consists of club fortune casino and corporate segment includes the vacant land in Colorado and its taxes and maintenance expenses. The firm has approximately 540 slot machines, seven table games and a poker room, two bars, an entertainment lounge, a William Hill sports book, a cafe, a snack bar, and a gift shop. Nevada derives the majority of revenue from casino operation and rests from others.
Executives
Michael P Shaunnessy officer: President/CEO 50 BRIAR HOLLOW LANE, STE 500W, HOUSTON TX 77027
James Meier officer: CFO 4670 SOUTH FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Wayne H White director
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Channel Partnership Ii L P 10 percent owner 450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123