New Royal Holdco I (GDEN) Debt to Equity (2013 - 2025)
New Royal Holdco I (GDEN) recorded quarterly Debt to Equity of $1.03 in Q4 2025, up 5.32% quarter-over-quarter from $0.98 in Q3 2025, and up 18.81% on a YoY basis from $0.87 in Q4 2024.
New Royal Holdco I (GDEN) Debt to Equity (2013 - 2025) Analysis & Trends
New Royal Holdco I's Debt to Equity history runs 13 years deep, the most recent figure standing at $1.03 for Q4 2025.
- In Q4 2025, Debt to Equity rose 18.81% year-over-year to $1.03; the TTM figure through Dec 2025 stood at $1.03 (up 18.81% YoY), while the FY2025 annual figure was $1.03, up 18.81% from the prior year.
- Debt to Equity was $1.03 for Q4 2025 at New Royal Holdco I, up from $0.98 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $6.64 in Q1 2021 to a low of $0.73 in Q2 2024.
- Historically, Debt to Equity has averaged $2.15 across 5 years, with a median of $1.88 in 2023.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity slumped 70.09% in 2024, then surged 33.24% in 2025.
- A 5-year view of Debt to Equity shows it stood at $3.17 in 2021, then fell by 19.35% to $2.55 in 2022, then plunged by 51.7% to $1.23 in 2023, then retreated by 29.79% to $0.87 in 2024, then increased by 18.81% to $1.03 in 2025.
- The last three Debt to Equity figures came in at $1.03 (Q4 2025), $0.98 (Q3 2025), and $0.97 (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | -49.69 |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 0.90 |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | - |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 3.28 |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 4.55 |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | - |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 24.86 |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 1.16 |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 1.61 |
| 10 | New Royal Holdco I | 750.38 Mn | 695.08 Mn | 120.16 Mn | 1.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.03 |
| Sep 30, 2025 | 0.98 |
| Jun 30, 2025 | 0.97 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 0.76 |
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 1.17 |
| Dec 31, 2023 | 1.23 |
| Sep 30, 2023 | 1.32 |
| Jun 30, 2023 | 2.44 |
| Mar 31, 2023 | 2.56 |
| Dec 31, 2022 | 2.55 |
| Sep 30, 2022 | 2.63 |
| Jun 30, 2022 | 2.84 |
| Mar 31, 2022 | 2.96 |
| Dec 31, 2021 | 3.17 |
| Sep 30, 2021 | 3.39 |
| Jun 30, 2021 | 3.92 |
| Mar 31, 2021 | 6.64 |