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Pinnacle Entertainment (Pinnacle Entertainment) Equity-to-Asset : -0.08 (As of Jun. 2018)


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What is Pinnacle Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pinnacle Entertainment's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $-290 Mil. Pinnacle Entertainment's Total Assets for the quarter that ended in Jun. 2018 was $3,859 Mil. Therefore, Pinnacle Entertainment's Equity to Asset Ratio for the quarter that ended in Jun. 2018 was -0.08.

The historical rank and industry rank for Pinnacle Entertainment's Equity-to-Asset or its related term are showing as below:

PNK's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

Pinnacle Entertainment Equity-to-Asset Historical Data

The historical data trend for Pinnacle 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.

* Premium members only.

Pinnacle Entertainment Equity-to-Asset Chart

Pinnacle Entertainment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial 0.04 0.06 0.08 -0.09 -0.08

Pinnacle Entertainment Quarterly Data
Dec12 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Equity-to-Asset 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 -0.09 -0.09 -0.08 -0.08 -0.08

Competitive Comparison of Pinnacle Entertainment's Equity-to-Asset

For the Resorts & Casinos subindustry, Pinnacle 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.


Pinnacle Entertainment's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pinnacle Entertainment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pinnacle Entertainment's Equity-to-Asset falls into.



Pinnacle 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.

Pinnacle Entertainment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=-330.066/3950.228
=-0.08

Pinnacle Entertainment's Equity to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Equity to Asset (Q: Jun. 2018 )=Total Stockholders Equity/Total Assets
=-290.276/3859.019
=-0.08

* 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.


Pinnacle Entertainment  (NAS:PNK) 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%.


Pinnacle Entertainment Equity-to-Asset Related Terms

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


Pinnacle Entertainment (Pinnacle Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
Pinnacle Entertainment Inc is a United Stated based owns, operates and develops casinos and related hospitality and entertainment businesses. Its owned facilities are located in Ohio and leased facilities are located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, and Pennsylvania. The company also hold a majority interest in the racing license owner, and it is a party to a management contract, for Retama Park Racetrack located outside of San Antonio, Texas. Additionally, Pinnacle owns and operate a live and televised poker tournament series under the trade name Heartland Poker Tour. The company's three reportable segments based on the regions in which it operates namely Midwest, South, and West.
Executives
Virginia E Shanks officer: EVP and Chief Admin. Officer 4170 CAUGHLIN PARKWAY, RENO NV 89519
Charles L Atwood director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Desiree G Rogers director C/O PINNACLE ENTERTAINMENT, INC., 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
James L Martineau director C/O PINNACLE ENTERTAINMENT, INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104
Anthony Michael Sanfilippo director, officer: Chairman and CEO C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Carlos Ruisanchez director, officer: President and CFO C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Stephen C Comer director 8360 S. DURANGO DR., LAS VEGAS NV 89113