Ballys Long Term Debt vs Net Invested Capital Analysis

BALY Stock

USD 15.16 0.24 1.56%

Ballys Corp financial indicator trend analysis is way more than just evaluating Ballys Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ballys Corp is a good investment. Please check the relationship between Ballys Corp Long Term Debt and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ballys Corp's Long Term Debt and Net Invested Capital is 0.93. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Ballys Corp, assuming nothing else is changed. The correlation between historical values of Ballys Corp's Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Ballys Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., Ballys Corp's Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Debt

Long-term debt is a debt that Ballys Corp has held for over one year. Long-term debt appears on Ballys Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ballys Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Ballys Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ballys Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.At this time, Ballys Corp's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 1.3 B in 2025, whereas Enterprise Value Over EBITDA is likely to drop 10.92 in 2025.

	2022	2024	2025 (projected)
Depreciation And Amortization	300.6M	403.0M	423.1M
Interest Income	1.1M	1.3M	1.0M

Depreciation And Amortization Interest Income

Ballys Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets
Total Assets		0.99	0.99	0.79	0.8	-0.86	0.97	1.0	-0.93	0.9	0.82	1.0	0.72	0.34	0.82	0.97	0.99	0.86	1.0	0.91	0.85	0.98	1.0	0.89	0.92	0.98
Other Current Liab	0.99		1.0	0.69	0.72	-0.92	0.99	0.99	-0.96	0.86	0.76	0.99	0.69	0.2	0.76	0.93	0.97	0.88	1.0	0.91	0.92	0.95	1.0	0.83	0.88	0.95
Total Current Liabilities	0.99	1.0		0.68	0.71	-0.92	0.99	0.99	-0.95	0.85	0.76	0.99	0.7	0.19	0.76	0.93	0.97	0.87	0.99	0.91	0.92	0.95	1.0	0.82	0.88	0.94
Total Stockholder Equity	0.79	0.69	0.68		0.88	-0.44	0.64	0.74	-0.6	0.9	0.8	0.79	0.62	0.81	0.8	0.87	0.82	0.67	0.74	0.7	0.36	0.87	0.73	0.95	0.84	0.88
Other Liab	0.8	0.72	0.71	0.88		-0.57	0.7	0.76	-0.69	0.86	0.77	0.8	0.63	0.61	0.77	0.8	0.79	0.62	0.78	0.8	0.46	0.85	0.77	0.89	0.88	0.87
Net Tangible Assets	-0.86	-0.92	-0.92	-0.44	-0.57		-0.93	-0.89	0.96	-0.72	-0.65	-0.86	-0.6	0.14	-0.65	-0.73	-0.82	-0.84	-0.89	-0.88	-0.92	-0.81	-0.89	-0.65	-0.78	-0.79
Property Plant And Equipment Net	0.97	0.99	0.99	0.64	0.7	-0.93		0.99	-0.94	0.82	0.77	0.97	0.73	0.13	0.77	0.9	0.95	0.84	0.99	0.91	0.94	0.92	0.99	0.8	0.87	0.92
Net Debt	1.0	0.99	0.99	0.74	0.76	-0.89	0.99		-0.93	0.88	0.81	1.0	0.75	0.26	0.81	0.95	0.98	0.86	1.0	0.92	0.89	0.96	1.0	0.87	0.91	0.96
Retained Earnings	-0.93	-0.96	-0.95	-0.6	-0.69	0.96	-0.94	-0.93		-0.82	-0.66	-0.93	-0.55	-0.08	-0.66	-0.84	-0.91	-0.89	-0.94	-0.91	-0.89	-0.9	-0.94	-0.75	-0.84	-0.89
Accounts Payable	0.9	0.86	0.85	0.9	0.86	-0.72	0.82	0.88	-0.82		0.83	0.9	0.65	0.55	0.83	0.93	0.92	0.9	0.88	0.91	0.62	0.94	0.88	0.97	0.95	0.93
Cash	0.82	0.76	0.76	0.8	0.77	-0.65	0.77	0.81	-0.66	0.83		0.81	0.83	0.42	1.0	0.79	0.8	0.71	0.8	0.83	0.55	0.82	0.79	0.88	0.91	0.83
Non Current Assets Total	1.0	0.99	0.99	0.79	0.8	-0.86	0.97	1.0	-0.93	0.9	0.81		0.71	0.34	0.81	0.97	0.99	0.86	1.0	0.91	0.85	0.98	1.0	0.89	0.92	0.98
Non Currrent Assets Other	0.72	0.69	0.7	0.62	0.63	-0.6	0.73	0.75	-0.55	0.65	0.83	0.71		0.22	0.83	0.67	0.68	0.51	0.72	0.7	0.57	0.68	0.71	0.71	0.75	0.7
Other Assets	0.34	0.2	0.19	0.81	0.61	0.14	0.13	0.26	-0.08	0.55	0.42	0.34	0.22		0.42	0.52	0.41	0.22	0.27	0.2	-0.16	0.46	0.26	0.62	0.41	0.48
Cash And Short Term Investments	0.82	0.76	0.76	0.8	0.77	-0.65	0.77	0.81	-0.66	0.83	1.0	0.81	0.83	0.42		0.79	0.8	0.71	0.8	0.83	0.55	0.82	0.79	0.88	0.91	0.83
Net Receivables	0.97	0.93	0.93	0.87	0.8	-0.73	0.9	0.95	-0.84	0.93	0.79	0.97	0.67	0.52	0.79		0.99	0.84	0.95	0.84	0.75	0.97	0.95	0.93	0.89	0.98
Good Will	0.99	0.97	0.97	0.82	0.79	-0.82	0.95	0.98	-0.91	0.92	0.8	0.99	0.68	0.41	0.8	0.99		0.88	0.99	0.89	0.82	0.99	0.98	0.91	0.91	0.99
Common Stock Shares Outstanding	0.86	0.88	0.87	0.67	0.62	-0.84	0.84	0.86	-0.89	0.9	0.71	0.86	0.51	0.22	0.71	0.84	0.88		0.86	0.9	0.76	0.87	0.86	0.82	0.86	0.84
Non Current Liabilities Total	1.0	1.0	0.99	0.74	0.78	-0.89	0.99	1.0	-0.94	0.88	0.8	1.0	0.72	0.27	0.8	0.95	0.99	0.86		0.91	0.89	0.97	1.0	0.87	0.91	0.97
Inventory	0.91	0.91	0.91	0.7	0.8	-0.88	0.91	0.92	-0.91	0.91	0.83	0.91	0.7	0.2	0.83	0.84	0.89	0.9	0.91		0.8	0.89	0.91	0.87	0.97	0.88
Other Current Assets	0.85	0.92	0.92	0.36	0.46	-0.92	0.94	0.89	-0.89	0.62	0.55	0.85	0.57	-0.16	0.55	0.75	0.82	0.76	0.89	0.8		0.75	0.89	0.57	0.7	0.75
Other Stockholder Equity	0.98	0.95	0.95	0.87	0.85	-0.81	0.92	0.96	-0.9	0.94	0.82	0.98	0.68	0.46	0.82	0.97	0.99	0.87	0.97	0.89	0.75		0.97	0.93	0.92	1.0
Total Liab	1.0	1.0	1.0	0.73	0.77	-0.89	0.99	1.0	-0.94	0.88	0.79	1.0	0.71	0.26	0.79	0.95	0.98	0.86	1.0	0.91	0.89	0.97		0.86	0.9	0.97
Deferred Long Term Liab	0.89	0.83	0.82	0.95	0.89	-0.65	0.8	0.87	-0.75	0.97	0.88	0.89	0.71	0.62	0.88	0.93	0.91	0.82	0.87	0.87	0.57	0.93	0.86		0.96	0.94
Total Current Assets	0.92	0.88	0.88	0.84	0.88	-0.78	0.87	0.91	-0.84	0.95	0.91	0.92	0.75	0.41	0.91	0.89	0.91	0.86	0.91	0.97	0.7	0.92	0.9	0.96		0.93
Intangible Assets	0.98	0.95	0.94	0.88	0.87	-0.79	0.92	0.96	-0.89	0.93	0.83	0.98	0.7	0.48	0.83	0.98	0.99	0.84	0.97	0.88	0.75	1.0	0.97	0.94	0.93

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Ballys Corp Account Relationship Matchups

Ballys Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	6.6B	6.3B	6.9B	7.9B	8.3B
Other Current Liab	116.6M	438.6M	577.3M	653.0M	751.0M	788.5M
Total Current Liabilities	143.2M	570.1M	755.8M	874.8M	1.0B	1.1B
Total Stockholder Equity	326.6M	1.6B	805.8M	635.4M	730.7M	575.1M
Other Liab	23.9M	303.9M	434.0M	265.7M	305.6M	183.5M
Net Tangible Assets	(32.0M)	(523.8M)	(127.9M)	(2.9B)	(2.6B)	(2.5B)
Property Plant And Equipment Net	785.1M	1.3B	2.0B	2.3B	2.7B	2.8B
Net Debt	1.0B	3.8B	4.3B	4.9B	5.6B	5.9B
Retained Earnings	34.8M	(138.7M)	(535.4M)	(555.9M)	(500.3M)	(475.3M)
Accounts Payable	15.9M	87.5M	70.1M	69.2M	79.5M	42.8M
Cash	123.4M	206.2M	212.5M	163.2M	187.7M	152.2M
Non Current Assets Total	1.6B	6.0B	5.8B	6.3B	7.2B	7.6B
Non Currrent Assets Other	5.4M	27.0M	30.3M	110.3M	126.9M	133.2M
Other Assets	5.7M	5.4M	6.6B	55.8M	64.2M	61.0M
Cash And Short Term Investments	123.4M	206.2M	212.5M	163.2M	187.7M	152.2M
Net Receivables	14.8M	218.4M	125.4M	162.1M	186.4M	195.7M
Good Will	187.0M	2.1B	1.7B	1.9B	2.2B	2.3B
Common Stock Shares Outstanding	31.3M	49.6M	58.1M	53.4M	61.4M	47.6M
Non Current Liabilities Total	1.5B	4.4B	4.7B	5.4B	6.2B	6.5B
Inventory	9.3M	11.5M	14.2M	14.6M	16.8M	10.7M
Other Current Assets	29.0M	12.5M	129.4M	232.4M	267.3M	280.7M
Other Stockholder Equity	294.6M	1.8B	1.6B	1.4B	1.6B	1.7B
Total Liab	1.6B	4.9B	5.5B	6.2B	7.2B	7.5B
Total Current Assets	289.0M	567.2M	522.7M	572.3M	658.2M	351.8M
Intangible Assets	663.4M	2.5B	2.0B	1.9B	2.2B	2.3B
Common Stock	307K	530K	466K	400K	460K	405.2K
Property Plant Equipment	527.7M	785.1M	838.7M	1.2B	1.4B	1.5B
Short Long Term Debt Total	1.2B	4.0B	4.5B	5.1B	5.8B	6.1B
Current Deferred Revenue	14.9M	17.4M	200M	78.3M	90.0M	57.9M
Long Term Debt	1.1B	3.4B	3.5B	3.6B	4.2B	4.4B
Common Stock Total Equity	412K	307K	530K	466K	535.9K	450.5K
Liabilities And Stockholders Equity	1.9B	6.6B	6.3B	6.9B	7.9B	8.3B
Net Invested Capital	1.4B	5.1B	4.3B	4.3B	4.9B	2.7B
Property Plant And Equipment Gross	785.1M	1.6B	2.3B	2.6B	3.0B	3.2B
Short Long Term Debt	3.6M	3M	5.8M	19.5M	22.4M	16.3M
Accumulated Other Comprehensive Income	(3.1M)	(69.7M)	(295.6M)	(209.6M)	(188.6M)	(179.2M)
Net Working Capital	145.8M	(2.9M)	(233.1M)	(302.4M)	(272.2M)	(258.6M)
Short Term Debt	7.3M	44.0M	52.4M	74.3M	85.4M	89.7M
Capital Stock	307K	530K	466K	400K	460K	457.4K

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Ballys Long Term Debt vs Net Invested Capital Analysis

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Invested Capital

Ballys Corp fundamental ratios Correlations

Ballys Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ballys Corp fundamental ratios Accounts

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Additional Tools for Ballys Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Non Current Liabilities Total	+ 1.0	Other Current Liab

Retained Earnings	- 0.96	Other Current Liab
Retained Earnings	- 0.95	Total Current Liabilities
Total Liab	- 0.94	Retained Earnings
Non Current Liabilities Total	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Property Plant And Equipment Net
Non Current Assets Total	- 0.93	Retained Earnings