Caesars Deferred Long Term Liab vs Current Deferred Revenue Analysis

CZR Stock  USD 39.43  0.79  1.96%   
Caesars Entertainment financial indicator trend analysis is way more than just evaluating Caesars Entertainment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caesars Entertainment is a good investment. Please check the relationship between Caesars Entertainment Deferred Long Term Liab and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.

Deferred Long Term Liab vs Current Deferred Revenue

Deferred Long Term Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caesars Entertainment Deferred Long Term Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Caesars Entertainment's Deferred Long Term Liab and Current Deferred Revenue is -0.2. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Caesars Entertainment, assuming nothing else is changed. The correlation between historical values of Caesars Entertainment's Deferred Long Term Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Caesars Entertainment are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Deferred Long Term Liab i.e., Caesars Entertainment's Deferred Long Term Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Caesars Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caesars Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.At this time, Caesars Entertainment's Selling General Administrative is relatively stable compared to the past year. As of 11/13/2024, Enterprise Value is likely to grow to about 5.3 B, though Discontinued Operations is likely to grow to (330 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.4B6.1B6.4B
Total Revenue9.6B10.8B11.5B12.1B

Caesars Entertainment fundamental ratios Correlations

0.850.720.890.860.910.790.770.850.740.860.410.750.860.930.810.750.420.680.830.760.570.01-0.33-0.360.51
0.850.80.90.920.920.990.880.90.961.00.190.960.960.921.00.920.620.831.00.870.79-0.09-0.3-0.380.69
0.720.80.690.730.720.770.890.70.770.79-0.090.760.770.890.80.650.50.850.80.860.63-0.58-0.49-0.140.74
0.890.90.690.930.870.880.760.910.760.910.340.760.90.870.880.760.50.710.890.780.62-0.04-0.25-0.390.48
0.860.920.730.930.890.870.810.790.830.910.220.830.850.890.90.80.720.740.920.780.82-0.05-0.27-0.340.63
0.910.920.720.870.890.860.810.830.910.910.410.910.870.940.890.80.640.720.90.760.770.07-0.19-0.330.65
0.790.990.770.880.870.860.870.920.930.990.130.930.970.871.00.930.530.830.990.870.72-0.13-0.29-0.380.65
0.770.880.890.760.810.810.870.80.840.88-0.160.840.860.90.880.770.530.980.880.990.68-0.3-0.350.00.72
0.850.90.70.910.790.830.920.80.780.930.260.780.980.860.910.830.250.790.90.850.46-0.11-0.21-0.330.46
0.740.960.770.760.830.910.930.840.780.940.181.00.870.870.960.880.710.770.950.790.86-0.05-0.29-0.370.77
0.861.00.790.910.910.910.990.880.930.940.20.940.980.921.00.920.550.831.00.880.74-0.1-0.3-0.390.66
0.410.19-0.090.340.220.410.13-0.160.260.180.20.190.20.230.150.150.07-0.260.16-0.180.090.430.14-0.58-0.11
0.750.960.760.760.830.910.930.840.781.00.940.190.860.860.950.880.710.770.950.790.86-0.04-0.29-0.380.77
0.860.960.770.90.850.870.970.860.980.870.980.20.860.90.960.90.380.830.960.880.59-0.14-0.26-0.360.57
0.930.920.890.870.890.940.870.90.860.870.920.230.860.90.90.790.550.830.910.880.7-0.24-0.32-0.240.7
0.811.00.80.880.90.891.00.880.910.961.00.150.950.960.90.930.590.831.00.870.77-0.12-0.31-0.390.69
0.750.920.650.760.80.80.930.770.830.880.920.150.880.90.790.930.480.720.930.760.70.0-0.28-0.440.62
0.420.620.50.50.720.640.530.530.250.710.550.070.710.380.550.590.480.430.610.40.960.05-0.17-0.210.67
0.680.830.850.710.740.720.830.980.790.770.83-0.260.770.830.830.830.720.430.830.990.59-0.37-0.250.130.66
0.831.00.80.890.920.90.990.880.90.951.00.160.950.960.911.00.930.610.830.870.78-0.11-0.31-0.390.69
0.760.870.860.780.780.760.870.990.850.790.88-0.180.790.880.880.870.760.40.990.870.58-0.34-0.320.020.64
0.570.790.630.620.820.770.720.680.460.860.740.090.860.590.70.770.70.960.590.780.580.01-0.23-0.290.77
0.01-0.09-0.58-0.04-0.050.07-0.13-0.3-0.11-0.05-0.10.43-0.04-0.14-0.24-0.120.00.05-0.37-0.11-0.340.010.21-0.26-0.26
-0.33-0.3-0.49-0.25-0.27-0.19-0.29-0.35-0.21-0.29-0.30.14-0.29-0.26-0.32-0.31-0.28-0.17-0.25-0.31-0.32-0.230.210.51-0.37
-0.36-0.38-0.14-0.39-0.34-0.33-0.380.0-0.33-0.37-0.39-0.58-0.38-0.36-0.24-0.39-0.44-0.210.13-0.390.02-0.29-0.260.51-0.16
0.510.690.740.480.630.650.650.720.460.770.66-0.110.770.570.70.690.620.670.660.690.640.77-0.26-0.37-0.16
Click cells to compare fundamentals

Caesars Entertainment Account Relationship Matchups

Caesars Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding78.6M130M211M214M216M226.8M
Total Assets5.6B36.4B38.0B33.5B33.4B35.0B
Short Long Term Debt Total3.7B26.9B26.3B25.4B25.1B26.3B
Other Current Liab346.9M885M2.7B1.2B2.2B2.3B
Total Current Liabilities688.4M2.6B5.3B2.7B2.7B2.8B
Total Stockholder Equity1.1B5.0B4.5B3.7B4.6B4.8B
Property Plant And Equipment Net2.8B14.8B15.3B15.2B14.8B15.5B
Net Debt3.5B25.2B25.2B24.4B24.1B25.3B
Accounts Payable62.0M165M254M314M408M428.4M
Cash206.3M1.8B1.1B1.0B1.0B1.1B
Non Current Assets Total5.0B29.7B32.1B31.4B31.3B32.9B
Non Currrent Assets Other47.7M(354M)(461M)(611M)848M890.4M
Cash And Short Term Investments241.0M1.8B1.1B1.0B1.0B1.1B
Net Receivables57.7M382M472M611M608M638.4M
Good Will909.7M9.7B11.1B11.0B11.0B11.5B
Liabilities And Stockholders Equity5.6B36.4B38.0B33.5B33.4B35.0B
Non Current Liabilities Total3.8B28.8B28.2B27.1B26.0B27.3B
Inventory18.4M44M42M59M46M29.5M
Other Current Assets287.6M4.5B4.4B263M264M409.6M
Other Stockholder Equity750.4M6.4B6.9B6.9B7.0B7.3B
Total Liab4.5B31.4B33.5B29.8B28.6B30.1B
Property Plant And Equipment Gross2.8B14.3B17.3B18.2B18.8B19.7B
Total Current Assets604.6M6.7B6.0B2.1B2.0B1.1B
Accumulated Other Comprehensive Income377K34M36M92M97M101.9M
Retained Earnings366.5M(1.4B)(2.4B)(3.3B)(2.5B)(2.4B)
Other Liab363M2.0B1.3B1.1B1.3B669.0M
Other Assets76M1.4B650M376M338.4M456.1M
Long Term Debt8.5B14.1B13.7B12.7B12.2B12.7B
Short Term Debt462K266.2M119M158M88M86.4M
Intangible Assets1.1B4.3B4.9B4.7B4.5B2.4B
Property Plant Equipment2.8B14.8B15.3B15.2B17.5B13.0B
Current Deferred Revenue13.5M1.4B2.2B987M(23M)(21.9M)
Net Tangible Assets(904M)(9.0B)(11.3B)(12.0B)(10.8B)(10.3B)
Short Term Investments17.0M34.6M2.0B319M366.9M657.8M

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

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  0.78HLT Hilton Worldwide HoldingsPairCorr

Moving against Caesars Stock

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  0.69AGI Ainsworth Game TechnologyPairCorr
  0.61TOY Toys R UsPairCorr
  0.46BET Betmakers TechnologyPairCorr
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

Additional 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.