Full House Resorts (Full House Resorts) Debt-to-Equity

: 6.61 (As of Dec. 2023)

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Full House Resorts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.7 Mil. Full House Resorts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $508.1 Mil. Full House Resorts's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $77.8 Mil. Full House Resorts's debt to equity for the quarter that ended in Dec. 2023 was 6.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Full House Resorts's Debt-to-Equity or its related term are showing as below:

FLL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.18 Med: 2.1 Max: 6.61
Current: 6.61

During the past 13 years, the highest Debt-to-Equity Ratio of Full House Resorts was 6.61. The lowest was 1.18. And the median was 2.10.

FLL's Debt-to-Equity is ranked worse than
95.49% of 687 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs FLL: 6.61

Full House Resorts Debt-to-Equity Historical Data

The historical data trend for Full House Resorts's Debt-to-Equity 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.

Full House Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.28

2.85

4.25

6.61

Full House Resorts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															4.25	5.78	6.11	5.75	6.61

Competitive Comparison

For the Resorts & Casinos subindustry, Full House Resorts's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Full House Resorts Debt-to-Equity Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Full House Resorts's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Full House Resorts's Debt-to-Equity falls into.

Full House Resorts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Full House Resorts's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.73	+	508.106)	/	77.848
	=	6.61

Full House Resorts's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.73	+	508.106)	/	77.848
	=	6.61

Full House Resorts (NAS:FLL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Full House Resorts Debt-to-Equity Related Terms

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Full House Resorts (Full House Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Full House Resorts Inc (NAS:FLL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

F4L:Germany

Address

1980 Festival Plaza Drive, Suite 680, One Summerlin, Las Vegas, NV, USA, 89135

Website

https://www.fullhouseresorts.com

Full House Resorts Inc owns, operates, develops, manages, and invests in casinos and related hospitality and entertainment facilities. It offers facilities related to gaming, hotel, dining, entertainment, retail, and other amenities. The group's operating segments include the Bronco Billy's Casino and Hotel in Colorado, The Temporary by American Place in Illinois, Rising Star Casino Resort in Indiana, Silver Slipper Casino and Hotel in Mississippi, Grand Lodge Casino in Nevada, and Contracted Sports Wagering. There are some under-construction projects too. Geographically, the casino operations of the company are managed in the United States. It derives revenues from the operating casinos.

Executives

Kathleen M Caracciolo	director	5922 CLOVERLEAF DRIVE, MAYS LANDING NJ 08330
Eric J Green	director	C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Daniel R Lee	director, officer: Chief Executive Officer	C/O CREATIVE CASINOS LLC, 10801 W CHARLESTON BLVD #420, LAS VEGAS NV 89135
Lewis A. Fanger	officer: Sr. VP, CFO and Treasurer	C/O FULL HOUSE RESORTS, INC., 4670 S. FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Michael A. Hartmeier	director	C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Carl G Braunlich	director	4670 SOUTH FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Elaine Guidroz	officer: Secretary	C/O FULL HOUSE RESORTS, INC., 777 RISING STAR DRIVE, RISING SUN IN 47040
Kenneth Robert Adams	director	210 MARSH AVE SUITE 103, RENO NV 89509
Lynn M Handler	director	C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
John Ferrucci	officer: Chief Operating Officer	C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Michael P Shaunnessy	director	50 BRIAR HOLLOW LANE, STE 500W, HOUSTON TX 77027
Bradley M Tirpak	director	50 ORCHARD ST., NEW YORK NY 10002
Craig W Thomas	director	2100 CRESCENT AVENUE, CHARLOTTE NC 28207
Ellis Landau	director	CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148
Garrett W.h. Baird	director	C/O ELASTIC N.V., 800 WEST EL CAMINO REAL SUITE 350, MOUNTAIN VIEW CA 94040