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LVS (Las Vegasnds) Debt-to-Equity : 4.09 (As of Sep. 2024)


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What is Las Vegasnds Debt-to-Equity?

Las Vegasnds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2,728 Mil. Las Vegasnds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $11,284 Mil. Las Vegasnds's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $3,426 Mil. Las Vegasnds's debt to equity for the quarter that ended in Sep. 2024 was 4.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Las Vegasnds's Debt-to-Equity or its related term are showing as below:

LVS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.29   Med: 2.32   Max: 7.41
Current: 4.09

During the past 13 years, the highest Debt-to-Equity Ratio of Las Vegasnds was 7.41. The lowest was 1.29. And the median was 2.32.

LVS's Debt-to-Equity is ranked worse than
91.87% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.45 vs LVS: 4.09

Las Vegasnds Debt-to-Equity Historical Data

The historical data trend for Las Vegasnds's Debt-to-Equity can be seen below:

* 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.

* Premium members only.

Las Vegasnds Debt-to-Equity Chart

Las Vegasnds Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 4.71 7.41 4.12 3.41

Las Vegasnds Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.16 3.41 3.53 3.66 4.09

Competitive Comparison of Las Vegasnds's Debt-to-Equity

For the Resorts & Casinos subindustry, Las Vegasnds's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Debt-to-Equity falls into.



Las Vegasnds Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Las Vegasnds's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Las Vegasnds's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Las Vegasnds Debt-to-Equity Related Terms

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


Las Vegasnds Business Description

Address
5420 S. Durango Drive, Las Vegas, NV, USA, 89113
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 Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Executives
Robert G Goldstein officer: Senior Vice President 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Miriam Adelson 10 percent owner 5500 HAVEN STREET, LAS VEGAS NV 89119
Charles D Forman director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Yibing Mao director C/O LAS VEGAS SANDS CORP., 3355 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Nora M. Jordan director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
D. Zachary Hudson officer: EVP and Global General Counsel 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Xuan Yan director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Lawrence A Jacobs officer: EVP & Global General Counsel THE NEWS CORPORATION LIMITED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
George Jamieson director C/O LAS VEGAS SANDS CORP, 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Lewis Kramer director C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016
Randy Hyzak officer: SVP, Chief Accounting Officer C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Patrick Dumont officer: Principal Financial Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephanie Marz officer: Principal Accounting Officer 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
George Tanasijevich officer: Pres & CEO, Marina Bay Sands LAS VEGAS SANDS CORP., 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Ira H Raphaelson officer: EVP & Global General Counsel LAS VEGAS SANDS CORP., 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109