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Golden Entertainment (Golden Entertainment) Net Cash per Share : $-18.24 (As of Mar. 2024)


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What is Golden Entertainment Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Golden Entertainment's Net Cash per Share for the quarter that ended in Mar. 2024 was $-18.24.

The historical rank and industry rank for Golden Entertainment's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Golden Entertainment was 1.85. The lowest was 1.33. And the median was 1.74.

GDEN's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 9
* Ranked among companies with meaningful Price-to-Net-Cash only.

Golden Entertainment Net Cash per Share Historical Data

The historical data trend for Golden Entertainment's Net Cash per Share 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.

Golden Entertainment Net Cash per Share Chart

Golden Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.05 -46.38 -37.30 -36.16 -26.40

Golden Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 -35.96 -34.84 -25.79 -26.40 -18.24

Competitive Comparison of Golden Entertainment's Net Cash per Share

For the Resorts & Casinos subindustry, Golden Entertainment's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Golden Entertainment's Price-to-Net-Cash Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Entertainment's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Golden Entertainment's Price-to-Net-Cash falls into.



Golden Entertainment Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Golden Entertainment's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(157.55-914.55-0)/28.669
=-26.40

Golden Entertainment's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(404.338-932.309-0)/28.9487
=-18.24

* 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.


Golden Entertainment  (NAS:GDEN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Golden Entertainment Net Cash per Share Related Terms

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Golden Entertainment (Golden Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a us-based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. It derives key revenue from the Nevada Casino Resorts and Distributed Gaming segments. Nevada Casino Resorts is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities. Distributed Gaming segment is comprised of the operation of slot machines and amusement devices in non-casino locations across Nevada and Montana, with a limited number of slot machines in each location, as well as the operation of branded taverns.
Executives
Charles Protell officer: President and CFO 6595 S JONES BLVD, LAS VEGAS NV 89118
Stephen A Arcana officer: EVP and COO 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Andy H Chien director C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BLVD., SUITE 500, LAS VEGAS NV 89118
Blake L Sartini director, 10 percent owner, officer: Chairman and CEO 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Terrence Wright director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Sartini Blake L Ii officer: SVP of Distributed Gaming C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD., LAS VEGAS NV 89118
Marnell Anthony A. Iii director C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS NV 89118
Ann D. Dozier director C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Robert L Miodunski director 6601 S BERMUDA RD, LAS VEGAS NV 89119
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Mark A Lipparelli director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Thomas Edwin Haas officer: SVP of Accounting C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD, LAS VEGAS NV 89118
Sean T Higgins officer: Executive VP and CLO C/O GOLDEN ENTERTAINMENT, INC., 6595 S JONES BLVD., LAS VEGAS NV 89118
Delise F Sartini 10 percent owner 2411 WEST SAHARA AVENUE, LAS VEGAS NV 89102
Blake L. Sartini & Delise F. Sartini Family Trust 10 percent owner 6595 S JONES BLVD, LAS VEGAS NV 89118

Golden Entertainment (Golden Entertainment) Headlines