The historical rank and industry rank for Caesars Entertainment's Equity-to-Asset or its related term are showing as below:
CZR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.27
Current: 0.14
During the past 12 years, the highest Equity to Asset Ratio of Caesars Entertainment was 0.27. The lowest was 0.11. And the median was 0.16.
CZR's Equity-to-Asset is ranked worse than 82.26% of 840
companies
in the Travel & Leisure industry
Industry Median: 0.465
vs CZR: 0.14
Caesars Entertainment Equity-to-Asset Historical Data
The historical data trend for Caesars Entertainment's Equity-to-Asset 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.
Competitive Comparison of Caesars Entertainment's Equity-to-Asset
For the Resorts & Casinos subindustry, Caesars Entertainment's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Caesars Entertainment's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Caesars Entertainment's Equity-to-Asset falls into.
Caesars Entertainment Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Caesars Entertainment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
Caesars Entertainment (NAS:CZR) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Caesars Entertainment Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Caesars Entertainment's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Caesars Entertainment (Caesars Entertainment) Business Description
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CZR has been successfully added to your 