Dover Downs Gaming Entertainment Inc is currently estimated to have company total value of 99.5 M with market capitalization of 57.96 M, debt of 56.5 M, and cash on hands of 14.64 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Dover fundamentals before making security assessment based on the enterprise value of the company
Dover Investor Information
About 59.0% of the company shares are held by institutions. The company has price-to-book (P/B) ratio of 0.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Dover Downs Gaming Entertainment Inc last dividend was issued on November 7, 2012. This company had 3:2 split on June 16, 2006. Dover Downs Gaming & Entertainment, Inc., together with its subsidiaries, operates as a gaming and entertainment resort destination in the United States. To learn more about DOVER DOWNS GAMIN call Edward Sutor at 302-674-4600 or check out http://www.doverdowns.com.
Dover Asset UtilizationDover Downs Gaming Entertainment Inc utilizes its assets about 1.72 percent, realizing $0.02 for each dollar of assets held by the firm. An expanding assets utilization signifies that the company is being more effective with each dollar of assets it possesses. In plain English assets utilization of Dover shows how effective it operates for each dollar spent on its assets
Dover Ownership Allocation (%)Dover holds a total of thirty-one million eight hundred fifty thousand outstanding shares. Over half of Dover Downs Gaming outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Dover. Please watch out for any change in the institutional holdings of Dover Downs Gaming as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the the firm is less than the current market value, you may not be able to make money on it.
Dover Profitability Analysis
The company reported last year revenue of 212.35 M. Total Income to common stockholders was 2.04 M with profit before taxes, overhead, and interest of 42.96 M.
Dover Debt Analysis
DOVER DOWNS GAMIN has about 14.64 M in cash with 9.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Dover Market ShareDover Downs Gaming Entertainment Inc is rated below average in market capitalization category among related companies. Market capitalization of Gaming Activities industry is currently estimated at about 6.55 Billion. Dover maintains roughly 57.96 Million in market capitalization contributing less than 1% to equities under Gaming Activities industry.
Follow Dover Valuation with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Based on latest financial disclosure Dover Downs Gaming Entertainment Inc reported 212.35 M of revenue. This is 97.43% lower than that of Services sector, and 70.43% lower than that of Gaming Activities industry, The Revenue for all stocks is 97.34% higher than the company.