Ballys Debt To Equity from 2010 to 2024

BALY Stock  USD 17.73  0.03  0.17%   
Ballys Corp Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
5.76406222
Current Value
6.05
Quarterly Volatility
1.28163009
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ballys Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ballys Corp's main balance sheet or income statement drivers, such as Tax Provision of 129.3 M, Interest Income of 1 M or Depreciation And Amortization of 367.9 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0028 or PTB Ratio of 1.11. Ballys financial statements analysis is a perfect complement when working with Ballys Corp Valuation or Volatility modules.
  
Check out the analysis of Ballys Corp Correlation against competitors.
For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Latest Ballys Corp's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Ballys Corp over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Ballys Corp's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ballys Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.84 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Ballys Debt To Equity Regression Statistics

Arithmetic Mean3.69
Geometric Mean3.47
Coefficient Of Variation34.72
Mean Deviation0.84
Median3.59
Standard Deviation1.28
Sample Variance1.64
Range4.7302
R-Value0.41
Mean Square Error1.48
R-Squared0.17
Significance0.13
Slope0.12
Total Sum of Squares23.00

Ballys Debt To Equity History

2024 6.05
2023 5.76
2022 5.57
2021 2.45
2020 3.56
2019 3.3
2018 1.32

About Ballys Corp Financial Statements

Ballys Corp investors use historical fundamental indicators, such as Ballys Corp's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ballys Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 5.76  6.05 

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Additional Tools for Ballys Stock Analysis

When running Ballys Corp's price analysis, check to measure Ballys Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballys Corp is operating at the current time. Most of Ballys Corp's value examination focuses on studying past and present price action to predict the probability of Ballys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballys Corp's price. Additionally, you may evaluate how the addition of Ballys Corp to your portfolios can decrease your overall portfolio volatility.