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Las Vegasnds Financial Strength

: 4 (As of Jun. 2022)
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Las Vegasnds has the Financial Strength Rank of 4.

Warning Sign:

Las Vegas Sands Corp displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Las Vegasnds did not have earnings to cover the interest expense. Las Vegasnds's debt to revenue ratio for the quarter that ended in Jun. 2022 was 3.68. As of today, Las Vegasnds's Altman Z-Score is 1.40.


Competitive Comparison

For the Resorts & Casinos subindustry, Las Vegasnds's Financial Strength, along with its competitors' market caps and Financial Strength 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.

   

Las Vegasnds Financial Strength Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Financial Strength distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Financial Strength falls into.



Las Vegasnds Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

Las Vegasnds's Interest Expense for the months ended in Jun. 2022 was $-162 Mil. Its Operating Income for the months ended in Jun. 2022 was $-147 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $15,306 Mil.

Las Vegasnds's Interest Coverage for the quarter that ended in Jun. 2022 is

Las Vegasnds did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Las Vegasnds's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(73 + 15306) / 4180
=3.68

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Las Vegasnds has a Z-score of 1.40, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.4 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Las Vegasnds  (NYSE:LVS) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Las Vegasnds has the Financial Strength Rank of 4.


Las Vegasnds Financial Strength Related Terms

Thank you for viewing the detailed overview of Las Vegasnds's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Las Vegasnds Business Description

Las Vegasnds logo
Address
3355 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner, Four Seasons Hotel Macao, and Parisian in Macao, the Marina Bay Sands resort in Singapore, and the Venetian and Palazzo Las Vegas in the U.S. (which it plans to sell to Apollo and VICI for $6.25 billion in 2022). We expect Sands to open a fourth tower in Singapore in 2025. After the sale of its Vegas assets, the company will generate all its EBITDA from Asia, with its casino operations generating the majority of sales.
Executives
Mao Yibing director C/O LAS VEGAS SANDS CORP. 3355 LAS VEGAS BLVD SOUTH LAS VEGAS NV 89109
Jordan Nora M. director 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Hudson D. Zachary officer: EVP and Global General Counsel 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Yan Xuan director 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Kramer Lewis director C/O L-3 COMMUNICATIONS CORPORATION 600 THIRD AVENUE NEW YORK NY 10016
Jacobs Lawrence A officer: EVP & Global General Counsel THE NEWS CORPORATION LIMITED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Hyzak Randy officer: SVP, Chief Accounting Officer C/O FREESCALE SEMICONDUCTOR, INC. 6501 WILLIAM CANNON DRIVE WEST AUSTIN TX 78735
Marz Stephanie officer: Principal Accounting Officer 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Dumont Patrick officer: Principal Financial Officer 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Markantonis George M officer: Pres.&CEO,VenetianCasinoResort C/O LAS VEGAS SANDS CORP. 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Levi David F director C/O LAS VEGAS SANDS CORP. 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Chau Micheline director C/O DOLBY LABORATORIES, INC. 1275 MARKET STREET SAN FRANCISCO CA 94103
Gerard Steven L director P.O. BOX 554 MILWAUKEE WI 53201-0554
Jamieson George director C/O LAS VEGAS SANDS CORP 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Chaltiel Victor Mg director LAS VEGAS SANDS CORP 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109

Las Vegasnds Headlines

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