Las Vegasnds (BUE:LVS) Debt-to-Equity : 3.53 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Las Vegasnds Debt-to-Equity?

Las Vegasnds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ARS1,721,228 Mil. Las Vegasnds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ARS10,037,545 Mil. Las Vegasnds's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ARS3,330,403 Mil. Las Vegasnds's debt to equity for the quarter that ended in Mar. 2024 was 3.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Las Vegasnds's Debt-to-Equity or its related term are showing as below:

BUE:LVS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.29 Med: 2.17 Max: 7.41
Current: 3.53

During the past 13 years, the highest Debt-to-Equity Ratio of Las Vegasnds was 7.41. The lowest was 1.29. And the median was 2.17.

BUE:LVS's Debt-to-Equity is ranked worse than
89.58% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs BUE:LVS: 3.53

Las Vegasnds Debt-to-Equity Historical Data

The historical data trend for Las Vegasnds's Debt-to-Equity 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.

Las Vegasnds Debt-to-Equity Chart

Las Vegasnds Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.41

4.71

7.41

4.12

3.41

Las Vegasnds Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															3.94	3.45	3.16	3.41	3.53

Competitive Comparison of Las Vegasnds's Debt-to-Equity

For the Resorts & Casinos subindustry, Las Vegasnds's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Las Vegasnds's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Debt-to-Equity falls into.

Las Vegasnds Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Las Vegasnds's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(685900.001	+	4378569.004)	/	1486598.001
	=	3.41

Las Vegasnds's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1721227.529	+	10037545.171)	/	3330402.557
	=	3.53

Las Vegasnds (BUE:LVS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Las Vegasnds Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Las Vegasnds's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Las Vegasnds (BUE:LVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Las Vegas Sands Corp (BUE:LVS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LVS:USA LVS:Mexico LCR:Germany LCR:Germany L1VS34:Brazil

Address

5500 Haven Street, Las Vegas, NV, USA, 89119

Website

https://www.sands.com

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.