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
DateValue
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