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Caesars Entertainment (Caesars Entertainment) Capex-to-Operating-Income : 0.54 (As of Mar. 2024)


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What is Caesars Entertainment Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Caesars Entertainment's Capital Expenditure for the three months ended in Mar. 2024 was $-264.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $491.00 Mil.

Hence, Caesars Entertainment's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.54.


Caesars Entertainment Capex-to-Operating-Income Historical Data

The historical data trend for Caesars Entertainment's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caesars Entertainment Capex-to-Operating-Income Chart

Caesars Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 1.95 0.49 0.52 0.51

Caesars Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.49 0.47 0.63 0.54

Competitive Comparison of Caesars Entertainment's Capex-to-Operating-Income

For the Resorts & Casinos subindustry, Caesars Entertainment's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caesars Entertainment's Capex-to-Operating-Income Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Caesars Entertainment's Capex-to-Operating-Income falls into.



Caesars Entertainment Capex-to-Operating-Income Calculation

Caesars Entertainment's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1294) / 2554
=0.51

Caesars Entertainment's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-264) / 491
=0.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Caesars Entertainment  (NAS:CZR) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Caesars Entertainment Capex-to-Operating-Income Related Terms

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Caesars Entertainment (Caesars Entertainment) Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Executives
Michael E Pegram director PO BOX 285, BURLINGTON WA 98233
Stephanie Lepori officer: CAO & Chief Admin. Officer 100 WEST LIBERTY STREET, SUITE 1150, RENO NV 89501
Thomas Reeg director, officer: Chief Executive Officer 21 WATERWAY AVE, SUITE 150, THE WOODLANDS TX 77380
David P Tomick director 100 REGENCY FOREST DR, SUITE 400, CARY NC 27511
Don R Kornstein director DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Mather Courtney director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Quatmann Edmund L Jr officer: See Remarks 600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Josh Jones officer: Chief Marketing Officer 100 W. LIBERTY ST., 12TH FLOOR, RENO NV 89501
Anthony L. Carano officer: President and COO 100 WEST LIBERTY STREET, RENO NV 89501
Gary L. Carano director, officer: Exec. Chairman of the Board 100 WEST LIBERTY STREET, 11TH FLOOR, RENO NV 89501
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Jones Blackhurst Janis L director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
James B Hawkins director C/O IRADIMED CORPORATION, 1025 WILLA SPRINGS DR., WINTER SPRINGS FL 32708