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Wynn Resorts Debt-to-Equity

: -19.73 (As of Jun. 2022)
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Wynn Resorts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $545 Mil. Wynn Resorts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $11,478 Mil. Wynn Resorts's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $-609 Mil. Wynn Resorts's debt to equity for the quarter that ended in Jun. 2022 was -19.73.

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 Wynn Resorts's Debt-to-Equity or its related term are showing as below:

WYNN' s Debt-to-Equity Range Over the Past 10 Years
Min: -255.23   Med: 1.33   Max: 4787.98
Current: -19.73

During the past 13 years, the highest Debt-to-Equity Ratio of Wynn Resorts was 4787.98. The lowest was -255.23. And the median was 1.33.

WYNN's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.53 vs WYNN: -19.73

Wynn Resorts Debt-to-Equity Historical Data

The historical data trend for Wynn 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.

Wynn Resorts Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.16 4.63 6.06 -37.47 -56.20

Wynn Resorts Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 117.18 -222.79 -56.20 -35.71 -19.73

Competitive Comparison

For the Resorts & Casinos subindustry, Wynn 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.

   

Wynn Resorts Debt-to-Equity Distribution

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

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



Wynn Resorts Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wynn Resorts's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Wynn Resorts's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* 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.


Wynn Resorts  (NAS:WYNN) 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.


Wynn Resorts Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Wynn Resorts's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Wynn Resorts Business Description

Wynn Resorts logo
Address
3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019. Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2022, which we forecast to open in 2025. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
Executives
Cameron-doe Julie officer: CFO C/O WYNN RESORTS, LIMITED 3131 LAS VEGAS BOULEVARD S. LAS VEGAS NV 89109
Strom Darnell O. director C/O WYNN RESORTS, LIMITED 3131 LAS VEGAS BOULEVARD S. LAS VEGAS NV 89109
Byrne Richard J director 350 PARK AVENUE 20TH FLOOR NEW YORK NY 10022
Satre Philip G director
Whittemore Ellen F officer: EVP and General Counsel C/O WYNN RESORTS, LIMITED 3131 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Atkins Betsy S director
Myers Margaret Jane director C/O WYNN RESORTS, LIMITED 3131 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Webb Winifred Markus director 9330 BALBOA AVE SAN DIEGO CA 92123
Wynn Stephen A 10 percent owner 3131 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Billings Craig Scott officer: CFO and Treasurer C/O WYNN RESORTS, LIMITED 3131 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Cootey Stephen Lawrence officer: CFO, SVP and Treasurer C/O RED ROCK RESORTS, INC. 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Johnson Jay L director P O BOX 26532 RICHMOND VA 23261
Virtue J Edward director 320 PARK AVENUE 17TH FLOOR NEW YORK NY 10022
Wayson Daniel Boone director C/O WYNN RESORTS, LIMITED 3145 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Miller Robert Jos director 6363 SOUTH FIDDLERS GREEN CIRCLE GREENWOOD VILLAGE CO 80111

Wynn Resorts Headlines

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