What is the debt of Codere this year?
Codere has a debt level of 0 EUR this year.
Codere Debt 2024
Codere Debt
0 EUR
Ticker
CDR.MC
ISIN
ES0119256032
WKN
A2H7MG
In 2024, Codere's total debt was 0 EUR, a 0% change from the 0 EUR total debt recorded in the previous year.
Codere Aktienanalyse
What does Codere do?
Codere SA is a Madrid-based company specializing in gambling and betting. The company was founded in 1980 by the Franco family and has been listed on the stock exchange since 2007. Originally started as a manufacturer of slot machines, Codere has become a leading provider of gambling and betting services in Latin America, Europe, and Asia over the years. The company currently operates over 56,000 gambling terminals and 146 casinos in nine countries. Codere's business model is focused on providing customers with a comprehensive range of gambling and betting services. The company operates not only land-based casinos but also offers online betting and gaming. It is heavily involved in Latin America and has entered into several strategic partnerships with major local operators. Codere is divided into four business segments: Gaming Machines, Sports Betting, Casinos, and Online Gaming. The Gaming Machines segment includes the design, production, and operation of electronic slot machines and other gambling terminals. The Sports Betting segment operates sports betting locations and offers online betting. The Casinos segment operates casinos and gaming halls in various countries, while Online Gaming focuses on providing online casino and poker services. Codere offers a wide range of gambling and betting services, as well as other entertainment options. The company offers a variety of slot machines and terminal games, including classic slots, video slots, video poker, roulette, and blackjack. It also offers betting on a variety of sports and events, including football, tennis, and horse racing. Codere also operates land-based casinos in Latin America and Spain, offering a wide range of games such as roulette, blackjack, poker, and more. The company has also heavily focused on online gaming, offering a wide range of online casino games and poker games on multiple platforms such as websites and mobile apps. Codere has established itself as a trusted and responsible operator in the industry. It is known for its commitment to responsible gambling and has implemented measures such as employee training programs and self-help programs for players. In recent years, Codere has pursued a robust growth strategy, expanding into new markets and diversifying its offering of gambling and betting services. The company has also invested in technological innovations to ensure it provides customers with the best possible experience, whether in land-based casinos or online. Overall, Codere SA has become a key player in the gambling industry over the years. The company has built a wide range of products and services and continues to expand into new markets. With its commitment to responsible gambling and investments in technological innovations, Codere is well-positioned to continue its success in the future. Codere ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Codere's Debt Structure
Codere's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Codere's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Codere’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Codere’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Codere stock
What was the debt of Codere compared to the previous year?
The debt of Codere has increased by 0% compared to the previous year dropped.
What are the consequences of high debt for investors in Codere?
High debt can pose a risk for investors of Codere, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Codere?
Low debt means that Codere has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Codere affect the company?
An increase in debt of Codere can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Codere affect the company?
A reduction in debt of Codere can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Codere?
Some factors that can influence the debt of Codere include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Codere so important for investors?
The debts of Codere are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Codere take to change the debt?
To change the debt, Codere can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Codere pay?
Over the past 12 months, Codere paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Codere is expected to pay a dividend of 0 EUR.
What is the dividend yield of Codere?
The current dividend yield of Codere is .
When does Codere pay dividends?
Codere pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Codere?
Codere paid dividends every year for the past 0 years.
What is the dividend of Codere?
For the upcoming 12 months, dividends amounting to 0 EUR are expected. This corresponds to a dividend yield of 0 %.
In which sector is Codere located?
Codere is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Codere kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Codere from 9/13/2024 amounting to 0 EUR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Codere pay the last dividend?
The last dividend was paid out on 9/13/2024.
What was the dividend of Codere in the year 2023?
In the year 2023, Codere distributed 0 EUR as dividends.
In which currency does Codere pay out the dividend?
The dividends of Codere are distributed in EUR.
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Andere Kennzahlen von Codere
Our stock analysis for Codere Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Codere Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.