VIP Play (VIPZ) Debt to Equity (2022 - 2026)
VIP Play (VIPZ) reported Debt to Equity of -$0.73 for Q1 2026, down 32.3% on a YoY basis from -$1.08 in Q1 2025, and up 22.64% quarter-over-quarter from -$0.94 in Q4 2025.
VIP Play (VIPZ) Debt to Equity (2022 - 2026) Analysis & Trends
VIP Play has reported Debt to Equity for 5 years, with the latest figure at -$0.73 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 32.3% year-over-year to -$0.73; the trailing twelve-month figure through Mar 2026 stood at -$0.73 (down 32.3% YoY), and the FY2025 full-year result was -$0.62, up 28.58% from the prior year.
- Debt to Equity for Q1 2026 stood at -$0.73, up from -$0.94 in the prior quarter.
- The five-year high for Debt to Equity was $3.7 in Q1 2023, with the low at -$17.8 in Q2 2023.
- Historically, Debt to Equity has averaged -$1.3 across 5 years, with a median of -$0.55 in 2025.
- The largest YoY upside for Debt to Equity was 838.7% in 2023 against a maximum downside of 5625.79% in 2023.
- VIP Play's Debt to Equity stood at $0.11 in 2022, then surged by 811.3% to $1.01 in 2023, then plunged by 138.11% to -$0.39 in 2024, then tumbled by 143.61% to -$0.94 in 2025, then rose by 22.64% to -$0.73 in 2026.
- The last three Debt to Equity figures came in at -$0.73 (Q1 2026), -$0.94 (Q4 2025), and -$0.32 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 19.50 Bn | 18.41 Bn | 1.84 Bn | 1.29 |
| 2 | DraftKings | 14.35 Bn | 13.34 Bn | 696.69 Mn | 0.95 |
| 3 | Churchill Downs | 6.09 Bn | 5.94 Bn | 475.00 Mn | 1.68 |
| 4 | Rush Street Interactive | 3.02 Bn | 2.85 Bn | 132.17 Mn | - |
| 5 | Brightstar Lottery | 2.21 Bn | 1.97 Bn | 553.00 Mn | 1.90 |
| 6 | Accel Entertainment | 1.09 Bn | 823.10 Mn | 109.94 Mn | 2.04 |
| 7 | Codere Online Luxembourg | 520.93 Mn | 451.51 Mn | - | 0.06 |
| 8 | Bragg Gaming | 252.59 Mn | 244.84 Mn | 18.22 Mn | 0.06 |
| 9 | Inspired Entertainment | 243.39 Mn | 199.89 Mn | 54.60 Mn | -26.31 |
| 10 | VIP Play | - | - | -313,000.00 | -0.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.73 |
| Dec 31, 2025 | -0.94 |
| Sep 30, 2025 | -0.32 |
| Jun 30, 2025 | -0.62 |
| Mar 31, 2025 | -0.55 |
| Dec 31, 2024 | -0.39 |
| Sep 30, 2024 | -0.70 |
| Jun 30, 2024 | -0.86 |
| Mar 31, 2024 | -1.09 |
| Dec 31, 2023 | 1.01 |
| Sep 30, 2023 | -2.27 |
| Jun 30, 2023 | -17.80 |
| Mar 31, 2023 | 3.70 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | -0.31 |
| Mar 31, 2022 | -0.50 |