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Caesars Entertainment, Inc. CZR Other operating expenses

Discontinued — last reported Q4 '22

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Segments

By segment

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Caesars Digital$0
Las Vegas$0+100%
Managed and Branded$0
Regional$0

Other financials

Income statement

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Revenue$3.0B+3.0%
Operating income$513.0M-2.5%
Net income-$62.0M+24.4%
EPS (diluted)-$0.30+23.1%

Balance sheet

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Cash & equivalents$965.0M-1.7%
Total debt$24.9B-1.2%
Total equity$3.4B-13.4%
Total assets$31.7B-2.3%

Cash flow

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Operating cash flow$471.0M+1.9%
CapEx$167.0M-27.4%
Free cash flow$304.0M+31.0%

Valuation

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Market cap$6.12B+18.3%
Enterprise value$30.01B+2.2%
P/S0.5×+0.1×

Profitability

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Operating margin15.9%-4.5pp
Net margin-4%-23.5pp
FCF margin5.2%

Returns & leverage

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Return on equity-12.8%-36.2pp
Debt / equity7.4×+0.9×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Caesars Entertainment, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OtherCostAndExpenseOperating.

The source filing: Caesars Entertainment, Inc.’s 10-K, filed February 22, 2023.

Filed
Feb 22, 2023
Fiscal year
FY2022
Accession
0001590895-23-000070
(In millions, except per share data)Years Ended December 31, 2022Years Ended December 31, 2021Years Ended December 31, 2020
Corporate286309195
Impairment charges108102215
Depreciation and amortization1,2051,126583
Transaction and other costs14144270
Total operating expenses9,0828,1104,011
Operating income (loss)1,7391,460(383)
OTHER EXPENSE:
Interest expense, net(2,265)(2,295)(1,202)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Caesars Entertainment, Inc.'s other operating expenses?
Caesars Entertainment, Inc. (CZR) reported other operating expenses of $0 in Q4 2022.
How has Caesars Entertainment, Inc.'s other operating expenses changed year-over-year?
Caesars Entertainment, Inc.'s other operating expenses decreased by 100.0% year-over-year, from $31M to $0.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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