Wynn Resorts Limited (WYNN)

Debt-to-equity ratio

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	11,028,700	11,678,700	12,101,500	12,107,000	11,569,300	11,570,400	11,367,900	11,872,900	11,884,500	11,693,800	10,612,600	11,755,200	12,469,400	12,563,000	12,477,200	11,133,000	10,080,000	9,421,840	9,095,290	9,133,560
Total stockholders’ equity	US$ in thousands	-251,382	-821,764	-630,253	-717,434	-750,838	-763,153	-609,362	-337,040	-214,418	-53,238	102,752	233,683	-351,997	-128,703	619,519	1,242,090	1,743,040	1,918,750	2,050,820	2,078,220
Debt-to-equity ratio		—	—	—	—	—	—	—	—	—	—	103.28	50.30	—	—	20.14	8.96	5.78	4.91	4.43	4.39

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $11,028,700K ÷ $-251,382K
= —

I'm sorry, but without specific data on the debt and equity figures for Wynn Resorts Ltd. in each quarter, it is not possible to calculate or analyze the debt-to-equity ratio. To perform a comprehensive analysis of the company's debt utilization and financial leverage over time, we would need the exact amounts of total debt and total equity for each quarter provided in the table. Once this data is available, we could calculate the debt-to-equity ratio by dividing total debt by total equity to evaluate the company's capital structure and financial risk.