Patrick Dumont - Las Vegas President

LVS Stock  USD 46.01  0.55  1.18%   

President

Mr. Patrick Dumont is Chief Financial Officer, Executive Vice President, Director of the Company. Mr. Dumont was a Director of the Company since April 2017. Mr. Dumont was the Companys Executive Vice President and Chief Financial Officer since March 2016 and was our Senior Vice President, Finance and Strategy from September 2013 through March 2016. In addition, Mr. Dumont has served as the Companys Principal Financial Officer since February 23, 2016. From June 2010 until August 2013, Mr. Dumont served as the Companys Vice President, Corporationrationrate Strategy. Mr. Dumont is the soninlaw of Sheldon G. Adelson, the Companys Chairman of the Board, Chief Executive Officer and Treasurer since 2021.
Age 49
Tenure 3 years
Professional MarksMBA
Address 5500 Haven Street, Las Vegas, NV, United States, 89119
Phone702 923 9000
Webhttps://www.sands.com
Dumont’s experience in corporate finance and his positions and tenure with the Company led the Board to conclude that he would be a valuable member of our Board of Directors. He earned a BS in Mechanical Engineering from Johns Hopkins University and a MBA from Columbia Business School.

Las Vegas Management Efficiency

The company has Return on Asset of 0.0762 % which means that on every $100 spent on assets, it made $0.0762 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4759 %, implying that it generated $0.4759 on every 100 dollars invested. Las Vegas' management efficiency ratios could be used to measure how well Las Vegas manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.04 in 2024. Return On Capital Employed is likely to drop to 0.11 in 2024. At this time, Las Vegas' Non Currrent Assets Other are comparatively stable compared to the past year. Other Assets is likely to gain to about 4.5 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 13.2 B in 2024.
The company has 14.03 B in debt with debt to equity (D/E) ratio of 4.04, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Las Vegas Sands has a current ratio of 1.79, which is typical for the industry and considered as normal. Debt can assist Las Vegas until it has trouble settling it off, either with new capital or with free cash flow. So, Las Vegas' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Las Vegas Sands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Las to invest in growth at high rates of return. When we think about Las Vegas' use of debt, we should always consider it together with cash and equity.

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Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada. Las Vegas operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. It employs 44500 people. Las Vegas Sands (LVS) is traded on New York Stock Exchange in USA. It is located in 5500 Haven Street, Las Vegas, NV, United States, 89119 and employs 38,400 people. Las Vegas is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Las Vegas Sands Leadership Team

Elected by the shareholders, the Las Vegas' board of directors comprises two types of representatives: Las Vegas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Las. The board's role is to monitor Las Vegas' management team and ensure that shareholders' interests are well served. Las Vegas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Las Vegas' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lawrence Jacobs, Executive Vice President and Global General Counsel and Secretary
Robert Goldstein, Acting Chairman of the Board, Acting Chief Executive Officer, President, Chief Operating Officer
Zachary Hudson, Global VP
Steven Gerard, Director
Randy Hyzak, Chief Financial Officer, Executive Vice President
George Markantonis, President and COO of Venetian Casino Resort, LLC and Sands Expo & Convention Center and Senior Vice President of Las Vegas Sands, LLC
Charles Forman, Director
Lewis Kramer, Independent Director
Stephanie Marz, VP Accounting
Sheldon Adelson, Chairman, CEO, Chairman of Las Vegas Sands LLC, Chairman of Sands China Ltd and CEO of Las Vegas Sands LLC
George Jamieson, Independent Director
Irwin Chafetz, Director
Yibing Mao, Independent Director
David Sylvester, Executive Retail
Michael Leven, President, COO, Director and Chairman of Advisory Committee
Patrick Dumont, Chief Financial Officer, Executive Vice President, Director
D Hudson, Executive Vice President Global General Counsel, Secretary
Daniel Briggs, Sr. VP of Investor Relations
Ronald Reese, Sr. VP of Global Communications and Corporate Affairs
Nora Jordan, Independent Director
Mark Juliano, Pres Bethlehem
Kwan Chum, Executive Strategy
George Tanasijevich, Managing Director - Global Development; President and CEO of Marina Bay Sands Pte Ltd
David Levi, Independent Director
Micheline Chau, Independent Director
Jason Ader, Independent Director
Xuan Yan, Director
Wing Chao, Advisor
Charles Koppelman, Independent Director
Ira Raphaelson, Executive VP, Global General Counsel and Secretary

Las Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Las Vegas a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Las Vegas Sands is a strong investment it is important to analyze Las Vegas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Las Vegas' future performance. For an informed investment choice regarding Las Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Las Vegas Sands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Las Vegas' price analysis, check to measure Las Vegas' 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 Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.
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Is Las Vegas' 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 Las Vegas. If investors know Las 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 Las Vegas 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
2.467
Dividend Share
0.8
Earnings Share
2.07
Revenue Per Share
14.761
Quarterly Revenue Growth
0.396
The market value of Las Vegas Sands is measured differently than its book value, which is the value of Las that is recorded on the company's balance sheet. Investors also form their own opinion of Las Vegas' value that differs from its market value or its book value, called intrinsic value, which is Las Vegas' 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 Las Vegas' market value can be influenced by many factors that don't directly affect Las Vegas' 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 Las Vegas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Las Vegas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Las Vegas' 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.