Wynn Net Debt vs Non Current Liabilities Total Analysis

WYNN Stock

USD 88.68 0.63 0.71%

Wynn Resorts financial indicator trend analysis is more than just analyzing Wynn Resorts Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wynn Resorts Limited is a good investment. Please check the relationship between Wynn Resorts Net Debt and its Non Current Liabilities Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wynn Resorts Limited Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Wynn Resorts' Net Debt and Non Current Liabilities Total is 0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Wynn Resorts Limited, assuming nothing else is changed. The correlation between historical values of Wynn Resorts' Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Wynn Resorts Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Wynn Resorts' Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Wynn Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wynn Resorts Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Wynn Resorts' Selling General Administrative is very stable compared to the past year. As of the 29th of December 2024, Tax Provision is likely to grow to about 9.1 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.3B	2.8B	3.0B
Total Revenue	3.8B	3.8B	6.5B	3.7B

Gross Profit Total Revenue

Wynn Resorts fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Total Current Assets	Property Plant Equipment	Short Term Investments	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total
Total Assets		0.44	0.88	-0.01	0.82	0.61	0.89	0.54	0.95	0.87	0.68	0.75	0.78	0.97	0.89	0.99	0.04	0.57	0.94	0.98	-0.25	0.98	0.4	0.72	0.67	0.94
Other Current Liab	0.44		0.53	-0.02	0.64	0.16	0.35	-0.07	0.33	0.42	0.49	0.33	0.46	0.41	0.45	0.44	0.69	0.78	0.39	0.41	-0.47	0.44	0.32	0.53	0.69	0.4
Total Current Liabilities	0.88	0.53		0.21	0.6	0.63	0.79	0.52	0.72	0.82	0.76	0.75	0.72	0.8	0.85	0.85	0.13	0.46	0.73	0.82	-0.1	0.83	0.42	0.86	0.78	0.73
Total Stockholder Equity	-0.01	-0.02	0.21		-0.34	0.25	-0.33	0.5	-0.26	-0.36	0.08	0.07	-0.07	-0.24	-0.31	0.04	-0.28	-0.11	-0.32	0.07	0.66	0.09	-0.45	0.25	0.02	-0.31
Net Debt	0.82	0.64	0.6	-0.34		0.32	0.77	0.16	0.85	0.77	0.55	0.55	0.69	0.86	0.77	0.81	0.39	0.83	0.89	0.82	-0.61	0.82	0.38	0.48	0.64	0.89
Accounts Payable	0.61	0.16	0.63	0.25	0.32		0.49	0.59	0.48	0.5	0.55	0.78	0.34	0.48	0.54	0.57	0.05	0.25	0.41	0.57	0.37	0.59	0.55	0.7	0.33	0.43
Cash	0.89	0.35	0.79	-0.33	0.77	0.49		0.39	0.91	0.97	0.62	0.65	0.78	0.94	0.97	0.83	0.02	0.41	0.92	0.82	-0.42	0.81	0.56	0.55	0.59	0.92
Other Assets	0.54	-0.07	0.52	0.5	0.16	0.59	0.39		0.44	0.27	0.22	0.38	0.35	0.41	0.3	0.52	-0.55	-0.02	0.34	0.59	0.46	0.59	-0.01	0.41	0.01	0.36
Long Term Debt	0.95	0.33	0.72	-0.26	0.85	0.48	0.91	0.44		0.89	0.56	0.66	0.75	0.98	0.89	0.94	-0.01	0.52	0.98	0.93	-0.38	0.92	0.41	0.54	0.56	0.99
Cash And Short Term Investments	0.87	0.42	0.82	-0.36	0.77	0.5	0.97	0.27	0.89		0.63	0.67	0.76	0.93	1.0	0.82	0.18	0.47	0.91	0.78	-0.44	0.78	0.64	0.61	0.66	0.91
Common Stock Shares Outstanding	0.68	0.49	0.76	0.08	0.55	0.55	0.62	0.22	0.56	0.63		0.85	0.43	0.61	0.66	0.66	0.2	0.39	0.56	0.66	-0.24	0.65	0.44	0.77	0.88	0.56
Inventory	0.75	0.33	0.75	0.07	0.55	0.78	0.65	0.38	0.66	0.67	0.85		0.38	0.67	0.71	0.73	0.15	0.31	0.62	0.73	0.01	0.73	0.61	0.82	0.66	0.63
Other Current Assets	0.78	0.46	0.72	-0.07	0.69	0.34	0.78	0.35	0.75	0.76	0.43	0.38		0.76	0.77	0.75	0.11	0.51	0.74	0.75	-0.28	0.75	0.12	0.38	0.47	0.75
Total Liab	0.97	0.41	0.8	-0.24	0.86	0.48	0.94	0.41	0.98	0.93	0.61	0.67	0.76		0.94	0.95	0.06	0.56	0.99	0.93	-0.42	0.93	0.47	0.62	0.65	0.99
Total Current Assets	0.89	0.45	0.85	-0.31	0.77	0.54	0.97	0.3	0.89	1.0	0.66	0.71	0.77	0.94		0.85	0.2	0.49	0.91	0.8	-0.4	0.8	0.64	0.67	0.69	0.91
Property Plant Equipment	0.99	0.44	0.85	0.04	0.81	0.57	0.83	0.52	0.94	0.82	0.66	0.73	0.75	0.95	0.85		0.04	0.6	0.93	0.98	-0.24	0.99	0.34	0.71	0.69	0.93
Short Term Investments	0.04	0.69	0.13	-0.28	0.39	0.05	0.02	-0.55	-0.01	0.18	0.2	0.15	0.11	0.06	0.2	0.04		0.68	0.08	-0.02	-0.37	0.02	0.36	0.27	0.42	0.07
Intangible Assets	0.57	0.78	0.46	-0.11	0.83	0.25	0.41	-0.02	0.52	0.47	0.39	0.31	0.51	0.56	0.49	0.6	0.68		0.59	0.57	-0.51	0.61	0.22	0.44	0.61	0.58
Short Long Term Debt Total	0.94	0.39	0.73	-0.32	0.89	0.41	0.92	0.34	0.98	0.91	0.56	0.62	0.74	0.99	0.91	0.93	0.08	0.59		0.91	-0.49	0.9	0.45	0.55	0.62	1.0
Property Plant And Equipment Net	0.98	0.41	0.82	0.07	0.82	0.57	0.82	0.59	0.93	0.78	0.66	0.73	0.75	0.93	0.8	0.98	-0.02	0.57	0.91		-0.21	1.0	0.27	0.67	0.63	0.91
Retained Earnings	-0.25	-0.47	-0.1	0.66	-0.61	0.37	-0.42	0.46	-0.38	-0.44	-0.24	0.01	-0.28	-0.42	-0.4	-0.24	-0.37	-0.51	-0.49	-0.21		-0.2	-0.22	0.05	-0.49	-0.47
Non Current Assets Total	0.98	0.44	0.83	0.09	0.82	0.59	0.81	0.59	0.92	0.78	0.65	0.73	0.75	0.93	0.8	0.99	0.02	0.61	0.9	1.0	-0.2		0.29	0.69	0.64	0.91
Non Currrent Assets Other	0.4	0.32	0.42	-0.45	0.38	0.55	0.56	-0.01	0.41	0.64	0.44	0.61	0.12	0.47	0.64	0.34	0.36	0.22	0.45	0.27	-0.22	0.29		0.52	0.41	0.46
Net Receivables	0.72	0.53	0.86	0.25	0.48	0.7	0.55	0.41	0.54	0.61	0.77	0.82	0.38	0.62	0.67	0.71	0.27	0.44	0.55	0.67	0.05	0.69	0.52		0.75	0.55
Common Stock Total Equity	0.67	0.69	0.78	0.02	0.64	0.33	0.59	0.01	0.56	0.66	0.88	0.66	0.47	0.65	0.69	0.69	0.42	0.61	0.62	0.63	-0.49	0.64	0.41	0.75		0.61
Non Current Liabilities Total	0.94	0.4	0.73	-0.31	0.89	0.43	0.92	0.36	0.99	0.91	0.56	0.63	0.75	0.99	0.91	0.93	0.07	0.58	1.0	0.91	-0.47	0.91	0.46	0.55	0.61

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Wynn Resorts Account Relationship Matchups

Wynn Resorts fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.9B	13.9B	12.5B	13.4B	14.0B	8.8B
Other Current Liab	572.3M	422.8M	557.8M	515.3M	1.1B	1.1B
Total Current Liabilities	2.0B	1.9B	1.3B	1.8B	2.2B	1.1B
Total Stockholder Equity	1.7B	(352.0M)	(214.4M)	(750.8M)	(251.4M)	(238.8M)
Net Debt	8.2B	9.7B	9.5B	10.1B	10.5B	11.1B
Accounts Payable	262.4M	148.5M	170.5M	197.5M	208.3M	187.0M
Cash	2.4B	3.5B	2.5B	3.7B	2.9B	1.8B
Other Assets	791.8M	581.6M	210.7M	391.0M	1.0	0.95
Long Term Debt	10.1B	12.5B	11.9B	11.6B	11.0B	6.4B
Cash And Short Term Investments	2.4B	3.5B	2.5B	3.7B	3.7B	1.9B
Common Stock Shares Outstanding	107.0M	106.7M	113.8M	113.6M	112.9M	109.0M
Liabilities And Stockholders Equity	13.9B	13.9B	12.5B	13.4B	14.0B	8.8B
Inventory	88.5M	66.3M	70.0M	70.1M	75.6M	66.5M
Other Current Assets	69.5M	129.3M	84.0M	93.0M	100.0M	72.3M
Total Liab	12.3B	14.6B	13.4B	15.1B	15.1B	7.8B
Total Current Assets	2.9B	3.8B	2.9B	4.0B	4.2B	2.3B
Property Plant Equipment	9.6B	9.2B	9.1B	8.7B	10.1B	5.7B
Intangible Assets	146.4M	134.1M	177.8M	154.7M	311.2M	326.8M
Short Long Term Debt Total	10.6B	13.2B	12.0B	13.7B	13.4B	7.4B
Property Plant And Equipment Net	10.1B	9.6B	9.1B	8.7B	8.5B	6.4B
Retained Earnings	641.8M	(1.5B)	(2.3B)	(2.7B)	(2.1B)	(2.0B)
Non Current Assets Total	11.0B	10.1B	9.7B	9.4B	9.8B	7.0B
Non Currrent Assets Other	223.1M	183.0M	210.7M	391.0M	402.6M	263.9M
Net Receivables	346.4M	200.2M	199.5M	216.0M	341.7M	202.1M
Common Stock Total Equity	1.2M	1.2M	1.2M	1.3M	1.5M	1.3M
Non Current Liabilities Total	10.3B	12.7B	12.1B	13.2B	12.9B	7.3B
Other Stockholder Equity	1.1B	1.2B	2.1B	2.0B	1.8B	1.0B
Property Plant And Equipment Gross	10.1B	9.2B	14.9B	14.8B	15.1B	15.9B
Accumulated Other Comprehensive Income	(1.7M)	3.6M	6.0M	(404K)	3.4M	3.6M
Short Term Debt	323.9M	596.4M	50M	547.5M	709.6M	745.1M
Common Stock	1.2M	1.2M	1.3M	1.3M	1.3M	1.3M
Other Liab	86.2M	67.6M	33.8M	30.2M	34.7M	33.0M
Current Deferred Revenue	824.3M	646.9M	436.4M	506.1M	56.1M	53.3M
Treasury Stock	(1.3B)	(1.4B)	(1.4B)	(1.4B)	(1.3B)	(1.4B)
Net Tangible Assets	1.6B	(630.2M)	(339.4M)	(996.1M)	(896.5M)	(851.7M)
Noncontrolling Interest In Consolidated Entity	(219.3M)	(201.6M)	(385.3M)	(621.8M)	(559.6M)	(531.6M)
Retained Earnings Total Equity	921.8M	641.8M	(1.5B)	(2.3B)	(2.1B)	(2.0B)

Pair Trading with Wynn Resorts

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 Wynn Resorts 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 Wynn Resorts will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wynn Stock

0.63

Smart Share Global

Pair Corr

Moving against Wynn Stock

0.74	CSV	Carriage Services	Pair Corr
0.65	WH	Wyndham Hotels Resorts	Pair Corr
0.62	EXPE	Expedia Group	Pair Corr
0.62	EAT	Brinker International	Pair Corr
0.61	BYD	Boyd Gaming	Pair Corr

The ability to find closely correlated positions to Wynn Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wynn Resorts 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 Wynn Resorts - 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 Wynn Resorts Limited to buy it.

The correlation of Wynn Resorts 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 Wynn Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wynn Resorts Limited 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 Wynn Resorts 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 Correlation Correlation Matching

When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:

How To Invest In Wynn

Details

Is Wynn Stock a good investment?

Details

What is Wynn Resorts' Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Is Hotels, Restaurants & Leisure space 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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

0.091

Dividend Share

Earnings Share

8.33

Revenue Per Share

64.328

Quarterly Revenue Growth

0.013

The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.

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Wynn Net Debt vs Non Current Liabilities Total Analysis

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Liabilities Total

Wynn Resorts fundamental ratios Correlations

Wynn Resorts Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wynn Resorts fundamental ratios Accounts

Pair Trading with Wynn Resorts

Moving together with Wynn Stock

Moving against Wynn Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Long Term Debt
Short Long Term Debt Total	+ 0.99	Total Liab

Retained Earnings	- 0.61	Net Debt
Short Term Investments	- 0.55	Other Assets
Retained Earnings	- 0.51	Intangible Assets
Common Stock Total Equity	- 0.49	Retained Earnings
Retained Earnings	- 0.49	Short Long Term Debt Total
Non Current Liabilities Total	- 0.47	Retained Earnings