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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:
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.
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.
Las Vegasnds Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 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 | 3.16 | 3.41 | 3.53 | 3.66 | 4.09 |
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.
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.
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
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (1900 | + | 12129) | / | 4118 | |
= | 3.41 |
Las Vegasnds's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (2728 | + | 11284) | / | 3426 | |
= | 4.09 |
* 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.
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.
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 |
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