Wynn Resorts Limited (WYNN)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 13,996,200 | 13,415,100 | 12,530,800 | 13,869,500 | 13,871,300 |
| Total stockholders’ equity | US$ in thousands | -251,382 | -750,838 | -214,418 | -351,997 | 1,743,040 |
| Financial leverage ratio | — | — | — | — | 7.96 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,996,200K ÷ $-251,382K
= —
Based on the information provided, the financial leverage ratio for Wynn Resorts Ltd. was not reported for the years 2020, 2021, 2022, and 2023. However, in 2019, the financial leverage ratio was 7.96.
The absence of financial leverage ratio data for the recent years suggests a lack of information to assess the company's capital structure and its reliance on debt financing. Without the trend analysis over the years, it is difficult to gauge any changes in the company's leverage position and its potential impact on financial risk.
The financial leverage ratio of 7.96 in 2019 indicates that Wynn Resorts Ltd. had a high level of debt relative to its equity that year, which could signify higher financial risk and interest burden. However, without additional data to track the ratio's progression, it is challenging to draw definitive conclusions about the company's debt management and capital structure in subsequent years.
Peer comparison
Dec 31, 2023