Caesars Entertainment Corp.Find Ratings Reports
CAESARS ENTERTAINMENT CORP's gross profit margin for the third quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. Sales have remained unchanged, but net income increased. CAESARS ENTERTAINMENT CORP has very weak liquidity. Currently, the Quick Ratio is 0.46 which clearly shows a lack of ability to cover short-term cash needs. The liquidity decreased from the same period a year ago, despite already having weak liquidity to begin with. This would indicate deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has significantly decreased by 112.84% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q3 FY17||Q3 FY16|
|Net Sales ($mil)||986.0||986.0|
|Net Income ($mil)||-468.0||-643.0|
|Balance Sheet||Q3 FY17||Q3 FY16|
|Cash & Equiv. ($mil)||4313.0||5083.0|
|Total Assets ($mil)||14353.0||15351.0|
|Total Debt ($mil)||6477.0||6806.0|
|Profitability||Q3 FY17||Q3 FY16|
|Gross Profit Margin||56.59||55.17|
|Return on Assets||-20.88||-20.23|
|Return on Equity||0.0||0.0|
|Debt||Q3 FY17||Q3 FY16|
|Share Data||Q3 FY17||Q3 FY16|
|Shares outstanding (mil)||149.15||146.96|
|Div / share||0.0||0.0|
|Book value / share||-37.66||-17.96|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||8465569.0||7648105.0|
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. Along with this, the price-to-book ratio is also meaningless due to a negative book value for the company, making any comparisons useless. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.
|CZR NM||Peers 27.27||CZR 13.45||Peers 15.85|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
CZR's P/E is negative making this valuation measure meaningless.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
CZR is trading at a discount to its peers.
|CZR 21.92||Peers 24.18||CZR NA||Peers 0.85|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
CZR's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|CZR NM||Peers 17.07||CZR 54.08||Peers 258.59|
Neutral. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
CZR's P/B is negative making this valuation measure meaningless.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, CZR is expected to significantly trail its peers on the basis of its earnings growth rate.
|CZR 0.50||Peers 3.55||CZR 1.32||Peers 10.44|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
CZR is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
CZR significantly trails its peers on the basis of sales growth