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
DateValue
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