Boyd Gaming Corporation (BYD)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands — — — — —
Total assets US$ in thousands 6,391,820 6,273,130 6,311,130 6,224,170 6,558,950
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,391,820K
= 0.00

Boyd Gaming Corporation has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its assets during this period. A debt-to-assets ratio of 0.00 suggests that Boyd Gaming's assets are primarily financed through equity rather than debt, which can be viewed positively by investors and creditors as it signifies a lower financial risk and a stronger financial position.