Bally's (BALY) Interest Coverage Ratio (2018 - 2024)
Bally's (BALY) reported Interest Coverage Ratio of 2.13 for Q3 2024, down 504.25% year-over-year from 0.53 in Q4 2023, and down 2937.51% quarter-over-quarter from 0.08 in Q2 2024.
Bally's (BALY) Interest Coverage Ratio (2018 - 2024) Analysis & Trends
Bally's (BALY) has 7 years of Interest Coverage Ratio data on file, last reported at 2.13 in Q3 2024.
- Interest Coverage Ratio for Q3 2024 came in at 2.13, down 504.25% year-over-year; the trailing twelve-month figure through Jun 2025 was 2.63 (down 122.77% YoY), and the FY2023 annual result was 0.37, up 126.62% from the prior year.
- Interest Coverage Ratio declined to 2.13 in Q3 2024 per BALY's latest filing, from 0.08 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 5.95 in Q1 2023 and troughed at 7.21 in Q4 2022.
- A 5-year average of 0.04 and a median of 0.09 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio sank 605.82% in 2022, then soared 1108.04% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.93 in 2020, then fell by 9.69% to 1.02 in 2021, then slumped by 605.82% to 7.21 in 2022, then soared by 42.75% to 4.13 in 2023, then surged by 48.35% to 2.13 in 2024.
- Business Quant data shows BALY's Interest Coverage Ratio at 2.13 in Q3 2024, 0.08 in Q2 2024, and 1.01 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 1.85 |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 5.76 |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | -1.15 |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | - |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 6.97 |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -0.52 |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 2.90 |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | - |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | - |
| 10 | Bally's | 813.95 Mn | 1.81 Bn | 674.12 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -2.13 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | -1.01 |
| Dec 31, 2023 | -4.13 |
| Sep 30, 2023 | 0.53 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 5.95 |
| Dec 31, 2022 | -7.21 |
| Sep 30, 2022 | 1.00 |
| Jun 30, 2022 | 1.86 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | -1.02 |
| Sep 30, 2021 | 0.87 |
| Jun 30, 2021 | 3.69 |
| Mar 31, 2021 | 1.42 |
| Dec 31, 2020 | -0.93 |
| Sep 30, 2020 | 1.38 |
| Jun 30, 2020 | -1.38 |
| Mar 31, 2020 | -0.28 |
| Dec 31, 2019 | 2.56 |