Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ballys's Enterprise Value is $5,431 Mil.
Ballys's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-357 Mil. Therefore, Ballys's EV-to-EBIT ratio for today is -15.22.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ballys's Enterprise Value is $5,431 Mil.
Ballys's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $79 Mil. Therefore, Ballys's EV-to-EBITDA ratio for today is 69.03.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ballys's Enterprise Value is $5,431 Mil.
Ballys's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $2,469 Mil. Therefore, Ballys's EV-to-Revenue ratio for today is 2.20.
Ballys Enterprise Value Historical Data
The historical data trend for Ballys's Enterprise Value 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 Ballys's Enterprise Value
For the Resorts & Casinos subindustry, Ballys's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Ballys's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ballys's Enterprise Value falls into.
Ballys Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Ballys's Enterprise Value 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.
Ballys (NYSE:BALY) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Ballys's current Enterprise Value is $5,431 Mil.
Ballys's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-357 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ballys's current Enterprise Value is $5,431 Mil.
Ballys's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $79 Mil.
Ballys's current Enterprise Value is $5,431 Mil.
Ballys's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,469 Mil.
* 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Ballys's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ballys Corp is a gaming, hospitality, and entertainment company with a portfolio of casinos and resorts, and online gaming businesses. It provides its customers with physical and interactive entertainment and gaming experiences, including traditional casino offerings, iCasino, online bingo, sportsbook, and free-to-play (F2P) games. The company has three reportable segments; Casinos & Resorts Includes the Company's 15 casino and resort properties and one horse race track, the North America Interactive segment includes a portfolio of sports betting, iGaming, and free-to-play gaming brands, and the International Interactive segment includes Gamesys' European and Asian operations.
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