Ballys Corp Financials

BALY Stock  USD 17.83  0.08  0.45%   
Based on the analysis of Ballys Corp's profitability, liquidity, and operating efficiency, Ballys Corp is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in January. At this time, Ballys Corp's Total Liabilities is fairly stable compared to the past year. Common Stock is likely to rise to about 405.2 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 575.1 M in 2024. Key indicators impacting Ballys Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio6.055.7641
Sufficiently Up
Slightly volatile
Current Ratio0.620.6543
Notably Down
Slightly volatile
Investors should never underestimate Ballys Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Ballys Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Ballys Corp.

Net Income

(178.12 Million)

  
Understanding current and past Ballys Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ballys Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Ballys Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ballys Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ballys Corp. Check Ballys Corp's Beneish M Score to see the likelihood of Ballys Corp's management manipulating its earnings.

Ballys Corp Stock Summary

Ballys Corp competes with Monarch Casino, Golden Entertainment, Century Casinos, Melco Resorts, and Red Rock. Ballys Corporation, a gaming, hospitality, and entertainment company, engages in casinos and resorts, and online gaming businesses in the United States. Ballys Corporation was incorporated in 2004 and is headquartered in Providence, Rhode Island. Ballys Corp operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 10000 people.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS05875B1061
CUSIP05875B106 90171V204
LocationRhode Island; U.S.A
Business Address100 Westminster Street,
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.ballys.com
Phone401 475 8474
CurrencyUSD - US Dollar

Ballys Corp Key Financial Ratios

Ballys Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.9B6.6B6.3B6.9B7.2B
Other Current Liab55.9M116.6M438.6M577.3M653.0M685.7M
Other Liab23.9M303.9M434.0M265.7M305.6M183.5M
Net Tangible Assets(32.0M)(523.8M)(127.9M)(2.9B)(2.6B)(2.5B)
Net Debt518.2M1.0B3.8B4.3B4.9B5.1B
Retained Earnings250.4M34.8M(138.7M)(535.4M)(555.9M)(528.1M)
Accounts Payable14.9M15.9M87.5M70.1M69.2M42.8M
Cash182.6M123.4M206.2M212.5M163.2M152.2M
Other Assets5.7M5.4M6.6B55.8M64.2M61.0M
Net Receivables23.2M14.8M218.4M125.4M162.1M83.6M
Good Will133.1M187.0M2.1B1.7B1.9B2.0B
Inventory7.9M9.3M11.5M14.2M14.6M10.7M
Other Current Assets28.4M29.0M12.5M129.4M232.4M244.1M
Total Liab810.5M1.6B4.9B5.5B6.2B6.5B
Total Current Assets245.0M289.0M567.2M522.7M572.3M351.8M
Intangible Assets110.4M663.4M2.5B2.0B1.9B1.0B
Common Stock412K307K530K466K400K405.2K
Long Term Debt680.6M1.1B3.4B3.5B3.6B2.1B
Net Invested Capital895.0M1.4B5.1B4.3B4.3B2.7B
Short Long Term Debt3.6M3M5.8M19.5M22.4M16.3M
Net Working Capital155.2M145.8M(2.9M)(233.1M)(302.4M)(287.3M)
Short Term Debt4.0M7.3M44.0M52.4M74.3M78.0M
Capital Stock412K307K530K466K400K457.4K

Ballys Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Tax Provision20.1M(69.3M)(4.4M)(28.9M)123.1M129.3M
Net Interest Income(37.9M)(62.6M)(117.9M)(208.2M)(264.1M)(250.9M)
Interest Income1.9M612K2.3M1.1M1.3M1.0M
Interest Expense39.8M63.2M120.2M208.2M277.6M291.4M
Total Revenue523.6M372.8M1.3B2.3B2.4B2.6B
Gross Profit338.4M234.1M787.4M1.2B1.3B1.4B
Operating Income114.6M(38.6M)159.9M217.7M104.0M125.7M
Ebit114.6M(11.6M)159.9M(246.3M)91.8M47.0M
Ebitda161.3M27.1M304.7M54.2M442.2M464.3M
Cost Of Revenue185.2M138.7M535.1M1.0B1.1B1.2B
Income Before Tax75.2M(74.8M)(76.2M)(454.5M)(185.7M)(176.5M)
Net Income55.1M(5.5M)(71.8M)(425.5M)(187.5M)(178.1M)
Income Tax Expense20.1M(69.3M)(4.4M)(28.9M)1.8M2.3M

Ballys Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Ballys Corp. It measures of how well Ballys is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ballys Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ballys had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ballys Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(461K)842K(89K)125K143.8K150.9K
Investments(38.9M)(444.8M)(22.6M)(302.9M)(235.7M)(247.5M)
Change In Cash104.1M(58.9M)148.3M(9.7M)50.1M31.1M
Net Borrowings301.1M430.6M1.8B32.6M37.4M35.6M
Free Cash Flow65.9M3.7M(80.0M)(34.2M)(313.6M)(297.9M)
Depreciation33.6M38.6M144.8M300.6M350.4M367.9M
Other Non Cash Items4.7M22.5M56.4M419.1M12.5M11.8M
Capital Expenditures28.2M15.8M162.7M305.2M502.2M527.3M
Net Income55.1M(5.5M)(71.8M)(425.5M)(187.5M)(178.1M)
End Period Cash Flow185.5M126.6M274.8M265.2M315.3M193.0M
Change To Netincome14.8M36.7M116.5M403.8M464.3M487.6M

Ballys Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ballys Corp's current stock value. Our valuation model uses many indicators to compare Ballys Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ballys Corp competition to find correlations between indicators driving Ballys Corp's intrinsic value. More Info.
Ballys Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Ballys Corp's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ballys Corp's earnings, one of the primary drivers of an investment's value.

Ballys Corp Systematic Risk

Ballys Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ballys Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Ballys Corp correlated with the market. If Beta is less than 0 Ballys Corp generally moves in the opposite direction as compared to the market. If Ballys Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ballys Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ballys Corp is generally in the same direction as the market. If Beta > 1 Ballys Corp moves generally in the same direction as, but more than the movement of the benchmark.

Ballys Corp Thematic Clasifications

Ballys Corp is part of Casinos investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities that are issued by public entities related to physical casinos and gambling services or online betting games. Companies that are related to providing casino-type services across multiple geographical areas
CasinosView
This theme covers Equities that are issued by public entities related to physical casinos and gambling services or online betting games. Companies that are related to providing casino-type services across multiple geographical areas. Get More Thematic Ideas
Today, most investors in Ballys Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ballys Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ballys Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0724

At this time, Ballys Corp's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Ballys Corp December 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ballys Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ballys Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ballys Corp based on widely used predictive technical indicators. In general, we focus on analyzing Ballys Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ballys Corp's daily price indicators and compare them against related drivers.

Additional Tools for Ballys Stock Analysis

When running Ballys Corp's price analysis, check to measure Ballys Corp'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 Ballys Corp is operating at the current time. Most of Ballys Corp's value examination focuses on studying past and present price action to predict the probability of Ballys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballys Corp's price. Additionally, you may evaluate how the addition of Ballys Corp to your portfolios can decrease your overall portfolio volatility.