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Scientific Gam-A is Among the Companies in the Casinos & Gaming Industry With the Highest Debt to Asset Ratio (SGMS, PNK, PENN, WYNN, EVRI)

By Amy Schwartz

Below are the three companies in the Casinos & Gaming industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Scientific Gam-A ranks highest with a a debt to asset ratio of 113.61. Following is Pinnacle Enterta with a a debt to asset ratio of 99.38. Penn Natl Gaming ranks third highest with a a debt to asset ratio of 91.48.

Wynn Resorts Ltd follows with a a debt to asset ratio of 75.93, and Everi Holdings Inc rounds out the top five with a a debt to asset ratio of 75.13.

SmarTrend recommended that its subscribers protect gains by selling shares of Scientific Gam-A on February 19th, 2020 by issuing a Downtrend alert when the shares were trading at $24.99. Since that call, shares of Scientific Gam-A have fallen 55.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio scientific gam-a pinnacle enterta penn natl gaming wynn resorts ltd everi holdings inc

Ticker(s): SGMS PNK PENN WYNN EVRI