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BallysBALY +3.32%57 Debt-to-Equity is 8.63 as of Mar. 2026, which is 85% above its 10-year median of 4.66. GuruFocus rates BALY with a GF Score™ of 57/100 and a GF Value™ of $14.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 724 Travel & Leisure companies, Ballys ranks worse than 97.38% on this metric.
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 Ballys's Debt-to-Equity or its related term are showing as below:
BALY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 4.66 Max: 159.83
Current: 8.63
During the past 10 years, the highest Debt-to-Equity Ratio of Ballys was 159.83. The lowest was 1.09. And the median was 4.66.
BALY's Debt-to-Equity is ranked worse than 97.38% of 724
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs BALY: 8.63
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.
Ballys Debt-to-Equity Related Terms
Ballys Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ballys'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.
For the Resorts & Casinos subindustry, Ballys'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.
Ballys Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Ballys's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ballys's Debt-to-Equity falls into.
* 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.
Ballys (BALY) has a Debt-to-Equity of 8.63 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ballys and its competitors. This is 85% above median its historical median of 4.66. Over the past decade, Ballys' Debt-to-Equity has ranged from 1.09 to 159.83. According to the industry distribution chart, Ballys ranks #705 out of 724 companies in the Travel & Leisure industry, placing it in the top 97.4%.
Is Ballys' Debt-to-Equity too high?
Ballys' current Debt-to-Equity of 8.63 is 85% above median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 159.83. The Travel & Leisure industry median Debt-to-Equity is 0.43. Ballys' value of 8.63 is 1907% above this industry median. Based on the distribution chart, Ballys ranks #705 out of 724 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Ballys has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ballys' Debt-to-Equity compare to MSC and FLL?
According to the Travel & Leisure industry distribution chart, Ballys ranks #705 out of 724 companies for Debt-to-Equity. This places Ballys in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Ballys' value of 8.63 is 1907% above this benchmark. Historically, Ballys' own Debt-to-Equity has ranged from 1.09 to 159.83 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 0.43, Ballys has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 724 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ballys's current Debt-to-Equity of 8.63 is 1907% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ballys and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballys's current Debt-to-Equity is 8.63, which is 85% above median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballys stock overvalued right now?
Based on GuruFocus' analysis, Ballys (BALY) is currently considered Fairly Valued. The stock's GF Value™ is $14.05, compared to a current price of $14.01 — trading 0.3% below its estimated fair value. The current Debt-to-Equity is 8.63, which is 85% above median its 10-year median of 4.66 and 1907% above the Travel & Leisure industry median of 0.43. Ballys' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ballys (BALY), the current Debt-to-Equity is 8.63 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 Ballys (BALY) Overvalued in 2026?
Based on GuruFocus' analysis, Ballys stock appears to be undervalued.
The current stock price of $14.01 is trading 0.3% below its estimated GF Value™ of $14.05.
GuruFocus considers Ballys to be Fairly Valued.
Key valuation signals for BALY:
Debt-to-Equity: 8.63 (85% above median its 10-year median of 4.66)
GF Value™: $14.05 vs. price of $14.01 (0.3% below fair value)
Industry Position: 1907% above the Travel & Leisure median (#705 of 724)
No single metric tells the full story. See the BALY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballys Corp is a gaming, hospitality, entertainment, and technology company operating across casino, interactive, and lottery markets. It provides physical and interactive gaming experiences, including casino gaming, iGaming, sportsbook, online bingo, free-to-play games, and technology-driven lottery solutions. The company's segments include Casinos & Resorts, which generates maximum revenue and operates casino and resort properties, a horse racetrack, and a golf course; Bally's Intralot B2B, which provides lottery and technology services; Bally's Intralot B2C, which includes interactive gaming and lottery operations, including a UK casino; and North America Interactive, which includes sports betting and iGaming operations in the United States and Canada.
57GF Score
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