New Royal Holdco I (GDEN) Construction in Progress (2012 - 2023)
New Royal Holdco I's (GDEN) quarterly Construction in Progress came in at $12.4 million in Q3 2023, down 40.06% year-on-year from $20.7 million in Q3 2022, and down 23.86% quarter-over-quarter from $16.3 million in Q2 2023.
New Royal Holdco I (GDEN) Construction in Progress (2012 - 2023) Analysis & Trends
New Royal Holdco I's Construction in Progress history runs 9 years deep, the most recent figure standing at $12.4 million for Q3 2023.
- On a quarterly basis, Construction in Progress fell 40.06% year-over-year to $12.4 million in Q3 2023; TTM through Sep 2023 was $12.4 million, a 40.06% decrease from a year earlier, with the FY2022 full-year figure at $23.2 million, up 42.07% from the prior year.
- Construction in Progress eased to $12.4 million in Q3 2023 per GDEN's latest filing, from $16.3 million in the prior quarter.
- Across five years, Construction in Progress topped out at $54.9 million in Q3 2019 and bottomed at $6.7 million in Q4 2020.
- The 5-year median for Construction in Progress is $18.0 million (2021), against an average of $21.9 million.
- Across the five-year window, Construction in Progress plunged 86.54% in 2020 and surged 143.48% in 2021, its largest moves.
- Year by year, Construction in Progress stood at $49.9 million in 2019, then plunged by 86.54% to $6.7 million in 2020, then jumped by 143.48% to $16.3 million in 2021, then jumped by 42.07% to $23.2 million in 2022, then tumbled by 46.58% to $12.4 million in 2023.
- Per Business Quant, the three latest GDEN Construction in Progress figures stand at $12.4 million (Q3 2023), $16.3 million (Q2 2023), and $32.3 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | - |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | - |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 280.16 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | - |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | - |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 61.93 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | - |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | - |
| 10 | New Royal Holdco I | 747.58 Mn | 692.25 Mn | 122.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 12.41 Mn |
| Jun 30, 2023 | 16.29 Mn |
| Mar 31, 2023 | 32.29 Mn |
| Dec 31, 2022 | 23.22 Mn |
| Sep 30, 2022 | 20.70 Mn |
| Jun 30, 2022 | 23.61 Mn |
| Mar 31, 2022 | 19.64 Mn |
| Dec 31, 2021 | 16.35 Mn |
| Sep 30, 2021 | 15.45 Mn |
| Jun 30, 2021 | 12.34 Mn |
| Mar 31, 2021 | 8.74 Mn |
| Dec 31, 2020 | 6.71 Mn |
| Sep 30, 2020 | 9.94 Mn |
| Mar 31, 2020 | 9.82 Mn |
| Dec 31, 2019 | 49.87 Mn |
| Sep 30, 2019 | 54.88 Mn |
| Jun 30, 2019 | 33.40 Mn |
| Mar 31, 2019 | 29.37 Mn |
| Dec 31, 2018 | 35.15 Mn |
| Sep 30, 2018 | 29.10 Mn |