RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Golden Entertainment Stock

Golden Entertainment Liabilities 2024

Golden Entertainment Liabilities

914.55 M USD

Ticker

GDEN

ISIN

US3810131017

WKN

A14XX5

In 2024, Golden Entertainment's total liabilities amounted to 914.55 M USD, a -20.87% difference from the 1.16 B USD total liabilities in the previous year.

Golden Entertainment Aktienanalyse

What does Golden Entertainment do?

Golden Entertainment Inc (GEI) is an American company operating in the entertainment industry. It was founded in 1998 and is headquartered in Las Vegas, Nevada. The company is listed on the NASDAQ stock exchange and employs over 8,500 people. GEI specializes in various business areas, including casinos, bars, restaurants, hotels, and entertainment offerings. Currently, GEI operates 10 casinos in Nevada and Maryland. The casinos offer a variety of games such as table games, slot machines, sports betting, and bingo. The restaurants and bars in the casinos offer a wide range of food and drinks. Another business area of GEI is sports betting. The company operates a sports betting platform called "Stratosphere Sports" that allows customers to bet on a variety of sports events. The platform is available online and on mobile devices, offering bets on various sports such as football, basketball, hockey, and more. In addition to casinos and sports betting, GEI also operates a hotel chain in Las Vegas. The "Stratosphere Hotel and Tower" offers luxurious rooms and suites, as well as numerous facilities such as a pool, gym, and spa. The company also operates an entertainment division called "ACEP Entertainment". This division offers a variety of entertainment offerings, including concerts, comedy shows, and more. ACEP Entertainment also annually organizes the "Laughlin River Run", the largest motorcycle event in the southwestern United States. Golden Entertainment is an innovative company that is constantly striving to expand its business and enter new market segments. GEI recently formed a strategic partnership with William Hill, a leading provider of sports betting, to expand the offering of sports betting in its casinos and online. Overall, Golden Entertainment is a versatile company operating in many areas of the entertainment industry. The company has a strong market position through its various divisions and products, and is able to offer customers a wide range of entertainment offerings. The company has successfully expanded in the past and has set the stage for further growth through its innovative spirit. Golden Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Golden Entertainment's Liabilities

Golden Entertainment's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Golden Entertainment's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Golden Entertainment's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Golden Entertainment's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Golden Entertainment’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Golden Entertainment stock

What is the level of liabilities of Golden Entertainment this year?

Golden Entertainment has a debt balance of 914.55 M USD this year.

What were the liabilities of Golden Entertainment compared to the previous year?

The liabilities of Golden Entertainment have increased by -20.87% dropped compared to the previous year.

What are the consequences of high debt for investors of Golden Entertainment?

High liabilities can pose a risk for investors of Golden Entertainment, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Golden Entertainment?

Low liabilities mean that Golden Entertainment has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Golden Entertainment affect the company?

An increase in liabilities of Golden Entertainment can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Golden Entertainment affect the company?

A decrease in the liabilities of Golden Entertainment can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Golden Entertainment?

Some factors that can influence the liabilities of Golden Entertainment include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Golden Entertainment so important for investors?

The liabilities of Golden Entertainment are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Golden Entertainment take to modify the liabilities?

To change its liabilities, Golden Entertainment can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Golden Entertainment pay?

Over the past 12 months, Golden Entertainment paid a dividend of 2 USD . This corresponds to a dividend yield of about 6.21 %. For the coming 12 months, Golden Entertainment is expected to pay a dividend of 1.37 USD.

What is the dividend yield of Golden Entertainment?

The current dividend yield of Golden Entertainment is 6.21 %.

When does Golden Entertainment pay dividends?

Golden Entertainment pays a quarterly dividend. This is distributed in the months of September, April, July, October.

How secure is the dividend of Golden Entertainment?

Golden Entertainment paid dividends every year for the past 4 years.

What is the dividend of Golden Entertainment?

For the upcoming 12 months, dividends amounting to 1.37 USD are expected. This corresponds to a dividend yield of 4.27 %.

In which sector is Golden Entertainment located?

Golden Entertainment is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Golden Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Entertainment from 10/2/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.

When did Golden Entertainment pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Golden Entertainment in the year 2023?

In the year 2023, Golden Entertainment distributed 0 USD as dividends.

In which currency does Golden Entertainment pay out the dividend?

The dividends of Golden Entertainment are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Golden Entertainment

Our stock analysis for Golden Entertainment 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 Golden Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.