Golden Entertainment Inc (GDEN)
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 | 1,079,910 | 1,452,280 | 1,508,670 | 1,615,560 | 1,570,950 |
| 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 ÷ $1,079,910K
= 0.00
The debt-to-assets ratio of Golden Entertainment Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely funded by equity, which may signify a strong financial position and lower financial risk as there is no debt obligation to repay. However, it is essential to consider other financial metrics to obtain a comprehensive understanding of the company's overall financial health and leverage position.
Peer comparison
Dec 31, 2024