Boyd Gaming Financials

BYD Stock  USD 73.85  0.75  1.03%   
Based on the key indicators obtained from Boyd Gaming's historical financial statements, Boyd Gaming is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At present, Boyd Gaming's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 148.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 2.8 B. Key indicators impacting Boyd Gaming's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio3.071.6716
Way Up
Slightly volatile
Current Ratio0.940.8876
Notably Up
Slightly volatile
Investors should never underestimate Boyd Gaming's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Boyd Gaming's cash flow, debt, and profitability to make informed and accurate decisions about investing in Boyd Gaming.

Cash And Equivalents

321.13 Million

  
Understanding current and past Boyd Gaming Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Boyd Gaming's financial statements are interrelated, with each one affecting the others. For example, an increase in Boyd Gaming's assets may result in an increase in income on the income statement.
Please note, the presentation of Boyd Gaming's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Boyd Gaming's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Boyd Gaming's management manipulating its earnings.

Boyd Gaming Stock Summary

Boyd Gaming competes with MGM Resorts, Las Vegas, Wynn Resorts, Penn National, and Melco Resorts. Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. The company was founded in 1975 and is headquartered in Las Vegas, Nevada. Boyd Gaming operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 15114 people.
Foreign Associate
  Canada
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1033041013
CUSIP103304101
LocationNevada; U.S.A
Business Address6465 South Rainbow
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.boydgaming.com
Phone702 792 7200
CurrencyUSD - US Dollar

Boyd Gaming Key Financial Ratios

Boyd Gaming Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.7B6.6B6.2B6.3B6.3B4.2B
Other Current Liab328.4M289.9M312.7M323.1M328.5M179.9M
Net Debt4.4B4.3B3.6B3.6B3.4B2.6B
Retained Earnings380.9M246.2M710.1M1.3B1.7B1.8B
Accounts Payable91.0M96.9M102.0M129.9M124.7M78.1M
Cash250.0M519.2M344.6M283.5M304.3M181.9M
Net Receivables60.5M53.5M89.5M111.6M141.4M148.5M
Good Will1.1B1.1B971.3M1.0B947.3M554.6M
Inventory22.1M22.6M20.1M22.2M20.7M14.5M
Other Current Assets46.5M55.0M53.7M61.0M63.0M43.4M
Total Liab5.4B5.4B4.7B4.7B4.5B3.4B
Total Current Assets399.5M650.3M507.8M478.2M529.3M302.9M
Short Term Debt114.7M121.2M126.6M133.1M143.1M150.3M
Intangible Assets1.5B1.4B1.4B1.4B1.4B759.6M
Other Liab248.8M195.4M322.5M370.8M426.4M447.7M
Other Assets76.2M1.0B98.2M147.4M3.4B3.6B
Long Term Debt3.7B3.9B3.0B3.0B2.9B3.1B
Net Tangible Assets(444.7M)2.0B(837.3M)921.9M1.1B1.1B
Long Term Debt Total3.7B3.9B3.0B3.0B2.7B2.9B

Boyd Gaming Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense237.5M230.5M199.4M151.2M171.2M170.1M
Total Revenue3.3B2.2B3.4B3.6B3.7B2.1B
Gross Profit1.6B1.1B1.9B2.0B2.0B2.1B
Operating Income472.6M236.0M900.1M981.2M901.8M946.9M
Ebit472.6M3.9M861.1M980.1M924.2M970.4M
Ebitda751.1M340.5M1.2B1.3B1.2B1.2B
Cost Of Revenue1.7B1.0B1.4B1.6B1.7B1.1B
Income Before Tax202.1M(171.0M)603.9M828.8M752.9M790.6M
Net Income157.6M(134.7M)463.8M639.4M620.0M651.0M
Income Tax Expense44.5M(36.3M)140.1M189.4M132.9M139.5M
Tax Provision44.5M(36.3M)140.1M189.4M165.4M173.7M
Interest Income1.9M1.9M1.8M129.7M41.0M36.2M
Net Interest Income(235.6M)(228.6M)(197.6M)(129.7M)(129.1M)(135.5M)

Boyd Gaming Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(2.0M)(515K)2.5M(2.1M)1.5M1.6M
Change In Cash(2.8M)264.6M(177.9M)(62.1M)12.9M6.7M
Free Cash Flow341.4M114.0M811.0M707.0M540.6M567.6M
Depreciation276.6M281.0M267.8M258.2M256.8M183.6M
Other Non Cash Items78.3M234.5M170.5M95.4M161.7M94.1M
Dividends Paid24.7M28.9M7.8M48.2M(63.6M)(60.4M)
Capital Expenditures207.6M175.0M199.5M269.2M374.0M225.7M
Net Income157.6M(134.7M)463.8M639.4M620.0M651.0M
End Period Cash Flow270.4M535.0M357.1M295.1M307.9M186.1M
Change To Netincome104.2M144.3M330.9M106.7M122.7M128.8M
Investments(231.4M)(171.2M)(129.6M)(422.3M)(470.7M)(447.2M)
Change Receivables(315K)1.3M(36.0M)(16.8M)(15.1M)(14.3M)
Net Borrowings(231.2M)173.2M(878.3M)3.2M2.9M2.8M

Boyd Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Boyd Gaming's current stock value. Our valuation model uses many indicators to compare Boyd Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Boyd Gaming competition to find correlations between indicators driving Boyd Gaming's intrinsic value. More Info.
Boyd Gaming is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about  0.32  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Boyd Gaming is roughly  3.14 . At present, Boyd Gaming's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Boyd Gaming by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Boyd Gaming Systematic Risk

Boyd Gaming's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Boyd Gaming volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Boyd Gaming correlated with the market. If Beta is less than 0 Boyd Gaming generally moves in the opposite direction as compared to the market. If Boyd Gaming Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Boyd Gaming is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Boyd Gaming is generally in the same direction as the market. If Beta > 1 Boyd Gaming moves generally in the same direction as, but more than the movement of the benchmark.

Boyd Gaming Thematic Clasifications

Boyd Gaming is part of several thematic ideas from Toys to Hotels. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Boyd Gaming Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Boyd Gaming's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Boyd Gaming growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.52

At present, Boyd Gaming's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Boyd Gaming November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Boyd Gaming help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Boyd Gaming. We use our internally-developed statistical techniques to arrive at the intrinsic value of Boyd Gaming based on widely used predictive technical indicators. In general, we focus on analyzing Boyd Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Boyd Gaming's daily price indicators and compare them against related drivers.

Complementary Tools for Boyd Stock analysis

When running Boyd Gaming's price analysis, check to measure Boyd Gaming'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 Boyd Gaming is operating at the current time. Most of Boyd Gaming's value examination focuses on studying past and present price action to predict the probability of Boyd Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boyd Gaming's price. Additionally, you may evaluate how the addition of Boyd Gaming to your portfolios can decrease your overall portfolio volatility.
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