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Bally's BALY Cumulative Gross Losses and Impairments

Discontinued — last reported Q3 '22

Cumulative Gross Losses and Impairments at other companies

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Inspired EntertainmentINSE
$20.5M0.0%

Segments

By segment

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Bally’s Intralot B2B-$73.3M

Other financials

Income statement

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Revenue$755.7M+105%
Operating income$91.6M+5,161%
Net income-$161.9M-569%
EPS (diluted)-$2.69-572%

Balance sheet

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Cash & equivalents$653.4M+183%
Total debt$6.8B+23.0%
Total equity$791.3M-0.6%
Total assets$10.9B+45.9%

Cash flow

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Operating cash flow-$145.0M-445%
CapEx$38.9M+27.6%
Free cash flow-$183.9M-1,693%

Valuation

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Market cap$637.31M+30.7%
Enterprise value$6.81B+14.5%
P/S0.1×-0.1×

Profitability

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Operating margin-4.2%-1.4pp
Net margin-25.3%+31.2pp
FCF margin-12%

Returns & leverage

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Return on equity-144%-434pp
Debt / equity8.6×+1.7×
Current ratio1.1×+0.4×

Where this comes from

Reported directly by Bally's in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The source filing: Bally's’s 10-Q, filed November 9, 2022.

Filed
Nov 9, 2022, 5:04 PM EST
Fiscal quarter
Q3 FY2022
Calendar quarter
Q3 2022
Accession
0001747079-22-000140

(1) Casinos & Resorts amounts are net of accumulated goodwill impairment charges of $5.4 million.

ITEM 1. Financial Statements

FAQ

What is Bally's's cumulative gross losses and impairments?
Bally's (BALY) reported cumulative gross losses and impairments of $5.4M in Q3 2022.
What does cumulative gross losses and impairments mean?
This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

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