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Top 5 Companies in the Casinos & Gaming Industry With the Highest Debt to EBITDA Ratio (PNK, SGMS, WYNN, CZR, ERI)

By James Quinn

Below are the three companies in the Casinos & Gaming industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Pinnacle Enterta ranks highest with a a debt to EBITDA ratio of 51.2. Scientific Gam-A is next with a a debt to EBITDA ratio of 9.1. Wynn Resorts Ltd ranks third highest with a a debt to EBITDA ratio of 9.1.

Caesars Entertai follows with a a debt to EBITDA ratio of 8.5, and Eldorado Resorts rounds out the top five with a a debt to EBITDA ratio of 7.9.

SmarTrend recommended that subscribers consider buying shares of Eldorado Resorts on July 21st, 2017 as our technology indicated a new Uptrend was in progress when shares hit $20.70. Since that recommendation, shares of Eldorado Resorts have risen 11.8%. We continue to monitor Eldorado Resorts for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio pinnacle enterta scientific gam-a wynn resorts ltd caesars entertai eldorado resorts

Ticker(s): PNK SGMS WYNN CZR ERI