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Wynn Resorts (HAM:WYR) Debt-to-Revenue : 1.72 (As of Mar. 2024)


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What is Wynn Resorts Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Wynn Resorts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,188 Mil. Wynn Resorts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €10,631 Mil. Wynn Resorts's annualized Revenue for the quarter that ended in Mar. 2024 was €6,856 Mil. Wynn Resorts's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.72.


Wynn Resorts Debt-to-Revenue Historical Data

The historical data trend for Wynn Resorts's Debt-to-Revenue 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.

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Wynn Resorts Debt-to-Revenue Chart

Wynn Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 6.29 3.20 3.66 2.05

Wynn Resorts Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 2.44 2.16 2.01 1.82 1.72

Competitive Comparison of Wynn Resorts's Debt-to-Revenue

For the Resorts & Casinos subindustry, Wynn Resorts's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Travel & Leisure Industry

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

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



Wynn Resorts Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Wynn Resorts's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(650.697 + 11609.672) / 5989.75
=2.05

Wynn Resorts's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1188.169 + 10630.752) / 6855.504
=1.72

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Wynn Resorts Debt-to-Revenue Related Terms

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Wynn Resorts (HAM:WYR) Business Description

Traded in Other Exchanges
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, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to open a new building next to its existing Wynn Palace resort in around 2028. 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.

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