Golden Entertainment ROE 2024

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.

ROE Details

Decoding Golden Entertainment's Return on Equity (ROE)

Golden Entertainment's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Golden Entertainment's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Golden Entertainment's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Golden Entertainment’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Golden Entertainment stock

What is the ROE (Return on Equity) of Golden Entertainment this year?

The ROE of Golden Entertainment this year is 0.48 undefined.

How has the Return on Equity (ROE) of Golden Entertainment developed compared to the previous year?

The ROE of Golden Entertainment has increased by 103.94% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Golden Entertainment?

A high ROE indicates that Golden Entertainment generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Golden Entertainment?

A low ROE can indicate that Golden Entertainment is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Golden Entertainment affect the company?

A change in ROE (Return on Equity) of Golden Entertainment can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Golden Entertainment?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Golden Entertainment?

Some factors that can influence Golden Entertainment's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 6.34 %. 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 6.34 %.

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.