Light & Wonder (ASX:LNW) Beginning Cash Position: A$379 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:LNW Light & Wonder Inc ASX:LNW
81 GF Score
Price A$109.70
GF Value A$155.32
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Light & Wonder Beginning Cash Position?

Light & Wonder ASX:LNW +3.46% 81 Beginning Cash Position is A$379 Mil as of Mar. 2026. GuruFocus rates ASX:LNW with a GF Score™ of 81/100 and a GF Value™ of A$155.32 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Light & Wonder's Beginning Cash Position for the quarter that ended in Mar. 2026 was A$379 Mil.

Light & Wonder's quarterly Beginning Cash Position increased from Sep. 2025 (A$411 Mil) to Dec. 2025 (A$495 Mil) but then declined from Dec. 2025 (A$495 Mil) to Mar. 2026 (A$379 Mil).

Light & Wonder's annual Beginning Cash Position declined from Dec. 2023 (A$1,445 Mil) to Dec. 2024 (A$823 Mil) and declined from Dec. 2024 (A$823 Mil) to Dec. 2025 (A$470 Mil).


Light & Wonder Beginning Cash Position Related Terms


Light & Wonder Beginning Cash Position Historical Data

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The historical data trend for Light & Wonder's Beginning Cash Position 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.

Light & Wonder Beginning Cash Position Chart

Light & Wonder Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,597.91 1,038.88 1,444.70 822.66 469.56

Light & Wonder Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position 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 495.14 410.11 410.84 495.15 379.05
ASX:LNW
81GF Score
Light & Wonder Inc ASX:LNW
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Light & Wonder Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of A$379 Mil mean?
Light & Wonder (ASX:LNW) has a Beginning Cash Position of A$379 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Light & Wonder and its competitors.
Is Light & Wonder's Beginning Cash Position too high?
Light & Wonder's current Beginning Cash Position is A$379 Mil. Overall, Light & Wonder has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Light & Wonder's Beginning Cash Position compare to CHDN and SGHC?
Light & Wonder's Beginning Cash Position of A$379 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Travel & Leisure company?
A good Beginning Cash Position depends on the Travel & Leisure industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Light & Wonder and its competitors. Light & Wonder's current Beginning Cash Position is A$379 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light & Wonder stock overvalued right now?
Based on GuruFocus' analysis, Light & Wonder (ASX:LNW) is currently considered Modestly Undervalued. The stock's GF Value™ is A$155.32, compared to a current price of A$109.70 — trading 29.4% below its estimated fair value. The current Beginning Cash Position is A$379 Mil. Light & Wonder's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Light & Wonder (ASX:LNW), the current Beginning Cash Position is A$379 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Light & Wonder (ASX:LNW) Overvalued in 2026?

Based on GuruFocus' analysis, Light & Wonder stock appears to be undervalued. The current stock price of A$109.70 is trading 29.4% below its estimated GF Value™ of A$155.32. GuruFocus considers Light & Wonder to be Modestly Undervalued.

Key valuation signals for ASX:LNW:

  • Beginning Cash Position: A$379 Mil
  • GF Value™: A$155.32 vs. price of A$109.70 (29.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the ASX:LNW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Light & Wonder Business Description

Other Exchanges LNWO:USATJW:Germany
Address 6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about one fourth of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
81GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$109.70
Price
A$155.32
GF Value