Caesars Financial Statements From 2010 to 2024

CZR Stock  USD 43.74  0.38  0.88%   
Caesars Entertainment financial statements provide useful quarterly and yearly information to potential Caesars Entertainment investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Caesars Entertainment financial statements helps investors assess Caesars Entertainment's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Caesars Entertainment's valuation are summarized below:
Gross Profit
5.4 B
Profit Margin
0.0682
Market Capitalization
9.3 B
Enterprise Value Revenue
2.8894
Revenue
11.5 B
There are over one hundred nineteen available fundamental signals for Caesars Entertainment, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to validate Caesars Entertainment's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.
Check Caesars Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caesars main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 2.2 B or Selling General Administrative of 2.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 19.53, Price Earnings Ratio of 13.46 or Price To Sales Ratio of 0.7. Caesars financial statements analysis is a perfect complement when working with Caesars Entertainment Valuation or Volatility modules.
  
This module can also supplement Caesars Entertainment's financial leverage analysis and stock options assessment as well as various Caesars Entertainment Technical models . Check out the analysis of Caesars Entertainment Correlation against competitors.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.

Caesars Entertainment Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding226.8 M216 M101.6 M
Slightly volatile
Total Assets35 B33.4 B16.9 B
Slightly volatile
Short and Long Term Debt Total26.3 B25.1 B12.3 B
Slightly volatile
Other Current Liabilities2.3 B2.2 B896.2 M
Slightly volatile
Total Current Liabilities2.8 B2.7 B1.5 B
Slightly volatile
Property Plant And Equipment Net15.5 B14.8 B7.8 B
Slightly volatile
Accounts Payable428.4 M408 M167.1 M
Slightly volatile
Cash1.1 BB630.8 M
Slightly volatile
Non Current Assets Total32.9 B31.3 B15.1 B
Slightly volatile
Cash And Short Term Investments1.1 BB635.4 M
Slightly volatile
Net Receivables638.4 M608 M268.8 M
Slightly volatile
Good Will11.5 B11 B4.5 B
Slightly volatile
Liabilities And Stockholders Equity35 B33.4 B16.9 B
Slightly volatile
Non Current Liabilities Total27.3 B26 B13.5 B
Slightly volatile
Inventory31 M46 M27.8 M
Slightly volatile
Other Current Assets443.2 M264 M798 M
Slightly volatile
Other Stockholder Equity7.3 BB3.5 B
Slightly volatile
Total Liabilities30.1 B28.6 B15 B
Slightly volatile
Property Plant And Equipment Gross19.7 B18.8 B8.7 B
Slightly volatile
Total Current Assets1.2 BB1.7 B
Slightly volatile
Common Stock Total Equity8559003.6 M
Slightly volatile
Common Stock8559003.6 M
Slightly volatile
Other Liabilities669 M1.3 B769.3 M
Slightly volatile
Other Assets509.8 M338.4 M555.2 M
Pretty Stable
Long Term Debt12.7 B12.2 B11.8 B
Very volatile
Short Term Debt86.4 M88 M83.5 M
Pretty Stable
Intangible Assets2.5 B4.5 B2.3 B
Slightly volatile
Property Plant Equipment13 B17.5 B12.6 B
Pretty Stable
Noncontrolling Interest In Consolidated Entity96.1 M101.2 M357.3 M
Pretty Stable
Capital Surpluse829.8 M873.5 M5.7 B
Slightly volatile
Long Term Investments121.2 M157 M88.5 M
Slightly volatile
Long Term Debt Total2.8 BB9.3 B
Slightly volatile
Non Current Liabilities Other827.5 M871 MB
Very volatile
Deferred Long Term Asset Charges8.6 MM219.8 M
Slightly volatile
Short and Long Term Debt61.8 M65 M5.3 B
Slightly volatile
Capital Lease Obligations12.6 B12.8 B10.6 B
Slightly volatile
Net Invested Capital12.9 B16.8 B7.8 B
Slightly volatile

Caesars Entertainment Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense2.2 B2.4 B880 M
Slightly volatile
Selling General Administrative2.1 BB905.7 M
Slightly volatile
Total Revenue12.1 B11.5 B4.4 B
Slightly volatile
Gross Profit6.4 B6.1 B2.2 B
Slightly volatile
Other Operating Expenses9.4 BB3.6 B
Slightly volatile
Operating Income2.6 B2.5 B701.9 M
Slightly volatile
EBIT3.4 B2.6 B773.2 M
Slightly volatile
EBITDA3.7 B3.8 B1.2 B
Slightly volatile
Cost Of Revenue5.7 B5.4 B2.2 B
Slightly volatile
Total Operating Expenses3.8 B3.6 B1.5 B
Slightly volatile
Selling And Marketing Expenses156.2 M148.8 M78.6 M
Slightly volatile
Interest Income10.3 M10.8 M69.1 M
Pretty Stable
Extraordinary Items70.1 M73.8 M331.7 M
Very volatile
Reconciled Depreciation732.3 M1.3 B408.9 M
Slightly volatile

Caesars Entertainment Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation1.3 B1.3 B471.9 M
Slightly volatile
Capital Expenditures1.4 B1.3 B373.1 M
Slightly volatile
Begin Period Cash Flow1.4 B1.3 B729.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.70.87431.1502
Very volatile
Dividend Yield0.00330.00350.006
Slightly volatile
Operating Cycle37.7322.362785.2609
Slightly volatile
Days Of Payables Outstanding41.2227.603383.3933
Slightly volatile
Inventory Turnover12311764.0514
Slightly volatile
Payables Turnover12.3413.22316.603
Very volatile
Operating Profit Margin0.150.21440.1195
Slightly volatile
Long Term Debt To Capitalization0.560.84590.794
Pretty Stable
Cash Per Share3.744.67447.2961
Very volatile
Total Debt To Capitalization0.560.84630.7954
Pretty Stable
Return On Capital Employed0.09120.08060.0572
Very volatile
Ebit Per Revenue0.150.21440.1195
Slightly volatile
Quick Ratio0.60.59960.7999
Pretty Stable
Cash Ratio0.410.37360.5608
Slightly volatile
Days Of Inventory Outstanding2.963.112114.5963
Slightly volatile
Days Of Sales Outstanding30.0219.250570.3479
Slightly volatile
Current Ratio0.820.76021.1616
Very volatile
Fixed Asset Turnover0.940.78120.796
Very volatile
Enterprise Value Multiple8.458.898975.0973
Slightly volatile
Debt Ratio0.460.75140.6628
Very volatile
Price Sales Ratio0.70.87431.1502
Very volatile
Receivables Turnover23.4618.960532.0578
Pretty Stable
Asset Turnover0.570.34550.416
Pretty Stable
Gross Profit Margin0.540.5320.4675
Slightly volatile

Caesars Fundamental Market Drivers

Forward Price Earnings13.7931
Cash And Short Term InvestmentsB

Caesars Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Caesars Entertainment Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Caesars Entertainment income statement, its balance sheet, and the statement of cash flows. Caesars Entertainment investors use historical funamental indicators, such as Caesars Entertainment's revenue or net income, to determine how well the company is positioned to perform in the future. Although Caesars Entertainment investors may use each financial statement separately, they are all related. The changes in Caesars Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Caesars Entertainment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Caesars Entertainment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Caesars Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue-23 M-21.9 M
Total Revenue11.5 B12.1 B
Cost Of Revenue5.4 B5.7 B
Ebit Per Revenue 0.21  0.15 

Pair Trading with Caesars Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caesars Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caesars Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Caesars Stock

  0.75DNUT Krispy Kreme Financial Report 9th of May 2024 PairCorr

Moving against Caesars Stock

  0.84WING Wingstop Financial Report 1st of May 2024 PairCorr
  0.81CMG Chipotle Mexican Grill Financial Report 23rd of April 2024 PairCorr
  0.8FWRG First Watch Restaurant Financial Report 7th of May 2024 PairCorr
  0.78PLAY Dave Busters Enterta Earnings Call This WeekPairCorr
  0.71FUN Cedar Fair LP Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to Caesars Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesars Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caesars Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caesars Entertainment to buy it.
The correlation of Caesars Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caesars Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesars Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caesars Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Caesars Entertainment is a strong investment it is important to analyze Caesars Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Caesars Entertainment's future performance. For an informed investment choice regarding Caesars Stock, refer to the following important reports:
Check out the analysis of Caesars Entertainment Correlation against competitors.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.
Note that the Caesars Entertainment information on this page should be used as a complementary analysis to other Caesars Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Caesars Stock analysis

When running Caesars Entertainment's price analysis, check to measure Caesars Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caesars Entertainment is operating at the current time. Most of Caesars Entertainment's value examination focuses on studying past and present price action to predict the probability of Caesars Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caesars Entertainment's price. Additionally, you may evaluate how the addition of Caesars Entertainment to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Caesars Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caesars Entertainment. If investors know Caesars will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caesars Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.417
Earnings Share
3.64
Revenue Per Share
53.619
Quarterly Revenue Growth
0.001
Return On Assets
0.0477
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.