Wynn Resorts Limited (WYNN)

Financial leverage ratio

Dec 31, 2024 Sep 30, 2024 Jun 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
Total assets US$ in thousands 12,978,000 14,111,400 13,289,800 13,470,700 13,996,200 13,336,300 13,783,700 13,724,000 13,415,100 11,779,300 11,788,500 12,179,300 12,530,800 12,607,700 13,022,700 13,166,900 13,869,500 13,967,100 14,885,700 14,273,300
Total stockholders’ equity US$ in thousands -224,161 -281,402 -109,824 -136,953 -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
Financial leverage ratio — — — — — — — — — — — — — — 126.74 56.35 — — 24.03 11.49

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $12,978,000K ÷ $-224,161K
= —

The financial leverage ratio for Wynn Resorts Limited has shown a notable increase over the periods reported. As of June 30, 2021, the financial leverage ratio stood at 126.74, which indicates that the company's reliance on debt to finance its operations and investments was significant at that time. This level of financial leverage can magnify both returns and risks for the company.

However, it's worth noting that there are missing data points for the subsequent periods, starting from September 30, 2021. Without this data, it is challenging to assess the trend in the financial leverage ratio beyond June 2021. As such, it is recommended to obtain and analyze the missing data to gain a more comprehensive understanding of Wynn Resorts Limited's financial leverage position in the following periods.