Golden Entertainment Stock

Golden Entertainment Debt 2024

Golden Entertainment Debt

505.57 USD

Ticker

GDEN

ISIN

US3810131017

WKN

A14XX5

In 2024, Golden Entertainment's total debt was 505.57 USD, a -33.83% change from the 764.1 USD total debt recorded 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.

Debt Details

Understanding Golden Entertainment's Debt Structure

Golden Entertainment'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 Golden Entertainment'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 Golden Entertainment’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 Golden Entertainment’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 Golden Entertainment stock

What is the debt of Golden Entertainment this year?

Golden Entertainment has a debt level of 505.57 USD this year.

What was the debt of Golden Entertainment compared to the previous year?

The debt of Golden Entertainment has increased by -33.83% compared to the previous year dropped.

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

High debt can pose a risk for investors of Golden Entertainment, 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 Golden Entertainment?

Low debt means that Golden Entertainment has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Golden Entertainment affect the company?

An increase in debt of Golden Entertainment 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 Golden Entertainment affect the company?

A reduction in debt of Golden Entertainment 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 Golden Entertainment?

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

Why are the debts of Golden Entertainment so important for investors?

The debts of Golden Entertainment 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 Golden Entertainment take to change the debt?

To change the debt, Golden Entertainment 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 Golden Entertainment pay?

Over the past 12 months, Golden Entertainment paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 4.35 %.

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.

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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.