Market Cap : 5.71 B | Enterprise Value : 17.01 B | PE Ratio : 29.53 | PB Ratio : 1.55 |
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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. PENN Entertainment's Operating Income for the three months ended in Jun. 2022 was $302 Mil. PENN Entertainment's Interest Expense for the three months ended in Jun. 2022 was $-195 Mil. PENN Entertainment's interest coverage for the quarter that ended in Jun. 2022 was 1.55. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for PENN Entertainment's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for PENN Entertainment's Interest Coverage 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, PENN Entertainment's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
For the Travel & Leisure industry and Consumer Cyclical sector, PENN Entertainment's Interest Coverage distribution charts can be found below:
* The bar in red indicates where PENN Entertainment's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
If Interest Expense is negative and Operating Income is positive, then
Interest Coverage | = | -1 | * | Operating Income | / | Interest Expense |
Else if Interest Expense is negative and Operating Income is negative, then
The company did not have earnings to cover the interest expense. |
Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then
The company had no debt. |
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
PENN Entertainment's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as
Here, for the fiscal year that ended in Dec. 2021, PENN Entertainment's Interest Expense was $-563 Mil. Its Operating Income was $1,060 Mil. And its Long-Term Debt & Capital Lease Obligation was $11,324 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2021 ) | / | Interest Expense (A: Dec. 2021 ) |
= | -1 | * | 1059.6 | / | -562.8 | |
= | 1.88 |
PENN Entertainment's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as
Here, for the three months ended in Jun. 2022, PENN Entertainment's Interest Expense was $-195 Mil. Its Operating Income was $302 Mil. And its Long-Term Debt & Capital Lease Obligation was $12,673 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Jun. 2022 ) | / | Interest Expense (Q: Jun. 2022 ) |
= | -1 | * | 302.4 | / | -194.9 | |
= | 1.55 |
* 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.
The higher the ratio, the stronger the company's Financial Strength is.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thank you for viewing the detailed overview of PENN Entertainment's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Black Gupta Vimla | director | 825 BERKSHIRE BLVD. WYOMISSING PA 19610 |
Hendrix Felicia | officer: EVP and CFO | 825 BERKSHIRE BLVD. WYOMISSING PA 19610 |
George Todd | officer: EVP, Operations | 825 BERKSHIRE BLVD. WYOMISSING PA 19610 |
Kaplowitz Marla | director | 825 BERKSHIRE BLVD. WYOMISSING PA 19610 |
Labombard Christine | officer: SVP and CAO | 825 BERKSHIRE BOULEVARD WYOMISSING PA 19610 |
Naples Ronald J | director | 96 S. GEORGE STREET SUITE 500 YORK PA 17401 |
Scaccetti Jane | director | 3111 W ALLEGHENY AVE PHILADELPHIA PA 19132 |
Rogers Christopher Byron | officer: EVP and Chief Strategy Officer | 825 BERKSHIRE BLVD. WYOMISSING PA 19610 |
Ko Harper H. | officer: EVP, CLO and Sec. | 7250 S. TENAYA WAY SUITE 100 LAS VEGAS NV 89113 |
Williams David Edward | officer: EVP and CFO | 825 BERKSHIRE BOULEVARD WYOMISSING PA 19610 |
Reibstein Saul | officer: EVP-Finance, CFO & Treasurer | C/O VISHAY PRECISION GROUP, INC. 3 GREAT VALLEY PARKWAY, SUITE 150 MALVERN PA 19355 |
Sottosanti Carl | officer: SVP,Gen Counsel & Secretary | 825 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610 |
Snowden Jay A | officer: EVP-Chief Operating Officer | 825 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610 |
Fair William J | officer: EVP - Chief Dev Officer | 825 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610 |
Burke Desiree A. | officer: V. P. and Chief Accounting Off | 845 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610 |
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