Golden Retained Earnings vs Long Term Debt Analysis

GDEN Stock

USD 31.04 0.35 1.12%

Golden Entertainment financial indicator trend analysis is much more than just examining Golden Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Entertainment is a good investment. Please check the relationship between Golden Entertainment Retained Earnings and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Entertainment Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Golden Entertainment's Retained Earnings and Long Term Debt is -0.47. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Golden Entertainment, assuming nothing else is changed. The correlation between historical values of Golden Entertainment's Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Golden Entertainment are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Golden Entertainment's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Golden Entertainment has held for over one year. Long-term debt appears on Golden Entertainment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Golden Entertainment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Golden Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.At this time, Golden Entertainment's Selling General Administrative is very stable compared to the past year. As of the 5th of May 2024, Tax Provision is likely to grow to about 84.5 M, while Issuance Of Capital Stock is likely to drop 6,650.

	2021	2022	2023	2024 (projected)
Gross Profit	513.2M	504.5M	364.2M	382.4M
Total Revenue	1.1B	1.1B	1.1B	1.1B

Gross Profit Total Revenue

Golden Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Accounts Payable	Other Assets	Long Term Debt
Total Assets		0.92	0.82	0.93	0.76	0.99	0.95	-0.2	0.86	0.99	0.0	0.79	0.64	0.17	0.89	0.98	0.38	0.87	0.99	0.97	0.73	0.76	0.29	0.94	0.15	0.93
Short Long Term Debt Total	0.92		0.57	0.74	0.46	0.96	0.98	-0.52	0.71	0.96	0.01	0.64	0.62	0.17	0.91	0.98	0.02	0.91	0.96	0.86	0.43	0.8	0.31	0.9	0.25	0.99
Other Current Liab	0.82	0.57		0.95	0.91	0.75	0.63	0.3	0.88	0.74	0.13	0.84	0.62	0.02	0.64	0.7	0.78	0.53	0.74	0.88	0.96	0.35	0.05	0.65	0.08	0.59
Total Current Liabilities	0.93	0.74	0.95		0.88	0.89	0.8	0.07	0.88	0.88	0.03	0.82	0.63	0.12	0.79	0.84	0.66	0.7	0.87	0.96	0.9	0.54	0.2	0.82	0.13	0.75
Total Stockholder Equity	0.76	0.46	0.91	0.88		0.66	0.52	0.46	0.79	0.67	-0.03	0.74	0.47	0.17	0.61	0.6	0.81	0.56	0.64	0.8	0.94	0.44	0.2	0.68	-0.2	0.5
Property Plant And Equipment Net	0.99	0.96	0.75	0.89	0.66		0.98	-0.32	0.82	1.0	-0.01	0.75	0.62	0.17	0.89	1.0	0.27	0.87	1.0	0.95	0.64	0.77	0.3	0.93	0.2	0.96
Net Debt	0.95	0.98	0.63	0.8	0.52	0.98		-0.47	0.73	0.98	-0.01	0.66	0.6	0.15	0.88	0.99	0.11	0.88	0.99	0.89	0.5	0.81	0.3	0.93	0.26	0.99
Retained Earnings	-0.2	-0.52	0.3	0.07	0.46	-0.32	-0.47		0.03	-0.31	0.19	0.03	0.01	-0.18	-0.32	-0.39	0.68	-0.36	-0.35	-0.12	0.41	-0.36	-0.3	-0.25	-0.44	-0.47
Cash	0.86	0.71	0.88	0.88	0.79	0.82	0.73	0.03		0.81	0.06	0.96	0.64	0.15	0.79	0.79	0.49	0.69	0.81	0.92	0.84	0.5	0.24	0.73	0.0	0.72
Non Current Assets Total	0.99	0.96	0.74	0.88	0.67	1.0	0.98	-0.31	0.81		-0.01	0.73	0.63	0.16	0.9	0.99	0.26	0.89	1.0	0.94	0.63	0.81	0.3	0.95	0.18	0.97
Non Currrent Assets Other	0.0	0.01	0.13	0.03	-0.03	-0.01	-0.01	0.19	0.06	-0.01		-0.04	0.71	-0.84	-0.09	0.0	-0.05	-0.13	0.0	0.0	0.0	-0.04	-0.81	-0.01	0.38	0.01
Cash And Short Term Investments	0.79	0.64	0.84	0.82	0.74	0.75	0.66	0.03	0.96	0.73	-0.04		0.51	0.2	0.72	0.72	0.48	0.62	0.74	0.87	0.84	0.39	0.28	0.64	-0.08	0.65
Net Receivables	0.64	0.62	0.62	0.63	0.47	0.62	0.6	0.01	0.64	0.63	0.71	0.51		-0.46	0.6	0.62	0.17	0.5	0.63	0.65	0.47	0.45	-0.37	0.59	0.32	0.62
Common Stock Total Equity	0.17	0.17	0.02	0.12	0.17	0.17	0.15	-0.18	0.15	0.16	-0.84	0.2	-0.46		0.27	0.16	0.11	0.31	0.16	0.18	0.14	0.12	0.96	0.15	-0.29	0.16
Common Stock Shares Outstanding	0.89	0.91	0.64	0.79	0.61	0.89	0.88	-0.32	0.79	0.9	-0.09	0.72	0.6	0.27		0.89	0.18	0.95	0.89	0.87	0.57	0.76	0.39	0.89	0.06	0.9
Non Current Liabilities Total	0.98	0.98	0.7	0.84	0.6	1.0	0.99	-0.39	0.79	0.99	0.0	0.72	0.62	0.16	0.89		0.19	0.89	1.0	0.93	0.57	0.8	0.3	0.93	0.23	0.98
Other Current Assets	0.38	0.02	0.78	0.66	0.81	0.27	0.11	0.68	0.49	0.26	-0.05	0.48	0.17	0.11	0.18	0.19		0.1	0.25	0.46	0.86	-0.07	0.03	0.22	-0.06	0.05
Other Stockholder Equity	0.87	0.91	0.53	0.7	0.56	0.87	0.88	-0.36	0.69	0.89	-0.13	0.62	0.5	0.31	0.95	0.89	0.1		0.88	0.8	0.46	0.86	0.44	0.92	0.04	0.93
Total Liab	0.99	0.96	0.74	0.87	0.64	1.0	0.99	-0.35	0.81	1.0	0.0	0.74	0.63	0.16	0.89	1.0	0.25	0.88		0.94	0.62	0.78	0.29	0.94	0.22	0.97
Property Plant And Equipment Gross	0.97	0.86	0.88	0.96	0.8	0.95	0.89	-0.12	0.92	0.94	0.0	0.87	0.65	0.18	0.87	0.93	0.46	0.8	0.94		0.82	0.62	0.28	0.87	0.11	0.86
Total Current Assets	0.73	0.43	0.96	0.9	0.94	0.64	0.5	0.41	0.84	0.63	0.0	0.84	0.47	0.14	0.57	0.57	0.86	0.46	0.62	0.82		0.24	0.15	0.57	-0.05	0.45
Intangible Assets	0.76	0.8	0.35	0.54	0.44	0.77	0.81	-0.36	0.5	0.81	-0.04	0.39	0.45	0.12	0.76	0.8	-0.07	0.86	0.78	0.62	0.24		0.31	0.87	0.01	0.84
Common Stock	0.29	0.31	0.05	0.2	0.2	0.3	0.3	-0.3	0.24	0.3	-0.81	0.28	-0.37	0.96	0.39	0.3	0.03	0.44	0.29	0.28	0.15	0.31		0.3	-0.28	0.3
Accounts Payable	0.94	0.9	0.65	0.82	0.68	0.93	0.93	-0.25	0.73	0.95	-0.01	0.64	0.59	0.15	0.89	0.93	0.22	0.92	0.94	0.87	0.57	0.87	0.3		0.03	0.92
Other Assets	0.15	0.25	0.08	0.13	-0.2	0.2	0.26	-0.44	0.0	0.18	0.38	-0.08	0.32	-0.29	0.06	0.23	-0.06	0.04	0.22	0.11	-0.05	0.01	-0.28	0.03		0.22
Long Term Debt	0.93	0.99	0.59	0.75	0.5	0.96	0.99	-0.47	0.72	0.97	0.01	0.65	0.62	0.16	0.9	0.98	0.05	0.93	0.97	0.86	0.45	0.84	0.3	0.92	0.22

Click cells to compare fundamentals

Golden Entertainment Account Relationship Matchups

Golden Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.6B	1.6B	1.5B	1.5B	1.6B
Short Long Term Debt Total	1.4B	1.3B	1.2B	1.1B	758.2M	392.5M
Other Current Liab	47.9M	39.6M	66.7M	53.0M	95.3M	100.0M
Total Current Liabilities	132.8M	118.7M	127.0M	132.7M	174.4M	183.1M
Total Stockholder Equity	289.7M	161.3M	319.5M	352.9M	537.7M	564.6M
Property Plant And Equipment Net	1.3B	1.2B	1.1B	988.6M	865.5M	908.8M
Net Debt	1.2B	1.2B	986.2M	928.3M	600.6M	630.7M
Retained Earnings	(172.2M)	(309.7M)	(158.6M)	(127.4M)	61.5M	64.5M
Cash	111.7M	103.6M	220.5M	136.9M	157.6M	165.4M
Non Current Assets Total	1.6B	1.4B	1.4B	1.3B	1.1B	1.2B
Non Currrent Assets Other	10.9M	9.4M	11.7M	15.7M	9.5M	9.1M
Cash And Short Term Investments	111.7M	103.6M	220.5M	136.9M	157.6M	165.4M
Net Receivables	16.2M	13.7M	18.7M	20.5M	17.0M	11.4M
Common Stock Shares Outstanding	27.7M	28.1M	32.1M	31.5M	30.8M	19.3M
Liabilities And Stockholders Equity	1.7B	1.6B	1.6B	1.5B	1.5B	1.6B
Non Current Liabilities Total	1.3B	1.3B	1.2B	1.0B	801.0M	841.0M
Other Current Assets	4.4M	2.9M	2.9M	13.6M	226.8M	238.2M
Other Stockholder Equity	461.6M	470.7M	477.8M	480.1M	476.0M	294.0M
Total Liab	1.5B	1.4B	1.3B	1.2B	975.3M	1.0B
Property Plant And Equipment Gross	1.3B	1.2B	1.5B	1.5B	1.4B	1.4B
Total Current Assets	160.4M	140.7M	263.9M	244.6M	409.4M	429.9M
Intangible Assets	135.2M	106.1M	98.1M	89.6M	53.9M	66.4M
Accounts Payable	30.1M	20.2M	19.1M	25.2M	18.7M	19.6M
Other Assets	10.9M	190.0M	11.7M	27.5M	24.8M	25.0M
Long Term Debt	1.1B	1.1B	1.0B	900.5M	658.5M	439.9M
Short Term Debt	42.4M	46.9M	41.2M	42.8M	18.3M	17.7M
Property Plant Equipment	1.0B	975.8M	904.2M	988.6M	1.1B	1.2B
Other Liab	3.7M	3.8M	3.5M	605K	544.5K	517.3K
Current Deferred Revenue	12.5M	12.4M	12.1M	11.8M	42.1M	44.2M
Inventory	8.2M	5.6M	6.6M	8.1M	8.1M	5.5M
Net Tangible Assets	(29.7M)	(103.2M)	47.1M	105.0M	94.5M	48.2M
Retained Earnings Total Equity	(172.2M)	(309.7M)	(158.6M)	(127.4M)	(114.7M)	(120.4M)
Capital Surpluse	461.6M	470.7M	477.8M	480.1M	552.1M	377.5M
Deferred Long Term Liab	1.1M	1.5M	1.9M	53K	61.0K	57.9K

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Entertainment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Entertainment's short interest history, or implied volatility extrapolated from Golden Entertainment options trading.

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When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock:

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Is Golden Stock a good investment?

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What is Golden Entertainment's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.

Note that the Golden Entertainment information on this page should be used as a complementary analysis to other Golden Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Golden Entertainment's price analysis, check to measure Golden Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Entertainment is operating at the current time. Most of Golden Entertainment's value examination focuses on studying past and present price action to predict the probability of Golden Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Entertainment's price. Additionally, you may evaluate how the addition of Golden Entertainment to your portfolios can decrease your overall portfolio volatility.

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Is Golden Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Entertainment. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

16.4

Earnings Share

8.31

Revenue Per Share

36.755

Quarterly Revenue Growth

(0.17)

Return On Assets

0.0455

The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Golden Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Golden Entertainment fundamental ratios Correlations

Golden Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Golden Entertainment fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Golden Stock analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets

Common Stock Total Equity	- 0.84	Non Currrent Assets Other
Common Stock	- 0.81	Non Currrent Assets Other
Retained Earnings	- 0.52	Short Long Term Debt Total
Long Term Debt	- 0.47	Retained Earnings
Retained Earnings	- 0.47	Net Debt
Common Stock Total Equity	- 0.46	Net Receivables