GURUFOCUS.COM » STOCK LIST » USA » NYSE » Boyd Gaming Corp (NYSE:BYD) » Definitions » Debt-to-Equity
Switch to:

Boyd Gaming Debt-to-Equity

: 2.47 (As of Jun. 2022)
View and export this data going back to 1993. Start your Free Trial

Boyd Gaming's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $129 Mil. Boyd Gaming's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $3,645 Mil. Boyd Gaming's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $1,529 Mil. Boyd Gaming's debt to equity for the quarter that ended in Jun. 2022 was 2.47.

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 Boyd Gaming's Debt-to-Equity or its related term are showing as below:

BYD' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.61   Med: 2.98   Max: 16.84
Current: 2.47

During the past 13 years, the highest Debt-to-Equity Ratio of Boyd Gaming was 16.84. The lowest was 1.61. And the median was 2.98.

BYD's Debt-to-Equity is ranked worse than
84.53% of 698 companies
in the Travel & Leisure industry
Industry Median: 0.53 vs BYD: 2.47

Boyd Gaming Debt-to-Equity Historical Data

The historical data trend for Boyd Gaming'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.

Boyd Gaming 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 2.80 3.47 3.71 4.30 2.56

Boyd Gaming 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 3.15 2.83 2.56 2.52 2.47

Competitive Comparison

For the Resorts & Casinos subindustry, Boyd Gaming'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.

   

Boyd Gaming Debt-to-Equity Distribution

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

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



Boyd Gaming Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Boyd Gaming'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.


Boyd Gaming  (NYSE:BYD) 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.


Boyd Gaming Debt-to-Equity Related Terms

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


Boyd Gaming Business Description

Boyd Gaming logo
Traded in Other Exchanges
Address
6465 South Rainbow Boulevard, Las Vegas, NV, USA, 89118
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Its business segments are separated by geographical regions: Las Vegas Locals; Downtown Las Vegas; and Midwest & South. Midwest & South holds the largest number of entertainment properties, and it generates most sales for the company. Boyd generates most of its revenue from its gaming operations.
Executives
Nelson Lori M. officer: SVP Fin Ops and Reporting 6465 S. RAINBOW BOULEVARD LAS VEGAS NV 89118
Clinton Uri officer: EVP,General Counsel,Secretary C/O MULTIMEDIA GAMES, INC. 206 WILD BASIN ROAD, BLDG. B, SUITE 400 AUSTIN TX 78746
Bogich Ted officer: Executive Vice President 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR LAS VEGAS NV 89169
Hirsberg Josh officer: Exec. V.P., Treasurer & CFO C/O BOYD GAMING CORPORATION 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR LAS VEGAS NV 89169
Mcduffie Anthony D officer: VP & Chief Accounting Officer C/O BOYD GAMING CORPORATION 6465 SOUTH RAINBOW BLVD LAS VEGAS NV 89118
Boyd William S director, 10 percent owner, officer: Co-Executive Chair 2950 SOUTH INDUSTRIAL ROAD LAS VEGAS NV 89109
Thompson Stephen S. officer: Executive Vice President 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR LAS VEGAS NV 89169
Boyd William R director, officer: Vice President
Smith Keith director, officer: President & CEO
Wilson Veronica J director C/O BOYD GAMING 2950 INDUSTRIAL RD LAS VEGAS NV 89109
Bailey John Robert director 1106 PALMS AIRPORT DRIVE LAS VEGAS NV 89119
Spadafor Christine J. director 3883 HOWARD HUGHES PARKWAY NINTH FLOOR LAS VEGAS NV 89169
Thoman A. Randall director 8360 S. DURANGO DR. LAS VEGAS NV 89113
Thomas Peter M director 2300 W. SAHARA AVENUE BOX ONE LAS VEGAS NV 89102
Whetsell Paul W director 4501 NORTH FAIRFAX DRIVE, SUITE 800 ARLINGTON VA 22203

Boyd Gaming Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)