Caesars Entertainment Corporation (CZR)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	12,033,000	12,434,000	12,171,000	12,224,000	12,230,000	12,480,000	12,904,000	12,659,000	12,857,000	13,668,000	13,741,000	13,722,000	14,453,000	13,838,000	14,103,000	14,073,000	15,203,000	2,670,740	2,780,690	2,325,000
Total assets	US$ in thousands	32,590,000	32,969,000	33,059,000	33,366,000	33,229,000	33,478,000	33,349,000	33,527,000	33,594,000	36,670,000	37,073,000	38,031,000	38,962,000	38,816,000	36,019,000	36,385,000	36,239,000	6,148,450	5,891,170	5,641,000
Debt-to-assets ratio		0.37	0.38	0.37	0.37	0.37	0.37	0.39	0.38	0.38	0.37	0.37	0.36	0.37	0.36	0.39	0.39	0.42	0.43	0.47	0.41

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $12,033,000K ÷ $32,590,000K
= 0.37

Caesars Entertainment Corporation's debt-to-assets ratio has shown relatively stable performance over the period of December 31, 2019, to December 31, 2024. The ratio ranged from a low of 0.36 to a high of 0.47 during this timeframe.

Generally, a lower debt-to-assets ratio indicates a lower level of financial risk, suggesting that the company relies less on debt to finance its operations and has a higher proportion of assets funded by equity.

While there have been minor fluctuations in the ratio, the overall trend suggests that Caesars Entertainment Corporation has been successful in managing its debt levels relative to its asset base. However, it is important to continue monitoring this ratio to ensure that the company maintains a healthy balance between debt and assets to support its long-term sustainability and growth.