Caesars Depreciation And Amortization vs Reconciled Depreciation Analysis

CZR Stock  USD 35.52  0.21  0.59%   
Caesars Entertainment financial indicator trend analysis is way more than just evaluating Caesars Entertainment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caesars Entertainment is a good investment. Please check the relationship between Caesars Entertainment Depreciation And Amortization and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars 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 nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caesars Entertainment Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Caesars Entertainment's Depreciation And Amortization and Reconciled Depreciation is 0.89. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Caesars Entertainment, assuming nothing else is changed. The correlation between historical values of Caesars Entertainment's Depreciation And Amortization and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Caesars Entertainment are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Caesars Entertainment's Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

Most indicators from Caesars Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caesars 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars 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 nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.At this time, Caesars Entertainment's Selling General Administrative is relatively stable compared to the past year. As of 05/18/2024, Enterprise Value is likely to grow to about 5.3 B, though Discontinued Operations is likely to grow to (330 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.4B6.1B6.4B
Total Revenue9.6B10.8B11.5B12.1B

Caesars Entertainment fundamental ratios Correlations

0.850.780.890.860.910.790.770.850.740.860.410.750.860.930.810.750.420.680.830.760.570.01-0.33-0.360.51
0.850.890.90.920.920.990.880.90.961.00.190.960.960.921.00.920.620.831.00.870.79-0.09-0.3-0.380.69
0.780.890.770.820.820.881.00.810.860.89-0.140.850.860.910.890.780.540.980.890.980.69-0.29-0.35-0.020.73
0.890.90.770.930.870.880.760.910.760.910.340.760.90.870.880.760.50.710.890.780.62-0.04-0.25-0.390.48
0.860.920.820.930.890.870.810.790.830.910.220.830.850.890.90.80.720.740.920.780.82-0.05-0.27-0.340.63
0.910.920.820.870.890.860.810.830.910.910.410.910.870.940.890.80.640.720.90.760.770.07-0.19-0.330.65
0.790.990.880.880.870.860.870.920.930.990.130.930.970.871.00.930.530.830.990.870.72-0.13-0.29-0.380.65
0.770.881.00.760.810.810.870.80.840.88-0.160.840.860.90.880.770.530.980.880.990.68-0.3-0.350.00.72
0.850.90.810.910.790.830.920.80.780.930.260.780.980.860.910.830.250.790.90.850.46-0.11-0.21-0.330.46
0.740.960.860.760.830.910.930.840.780.940.181.00.870.870.960.880.710.770.950.790.86-0.05-0.29-0.370.77
0.861.00.890.910.910.910.990.880.930.940.20.940.980.921.00.920.550.831.00.880.74-0.1-0.3-0.390.66
0.410.19-0.140.340.220.410.13-0.160.260.180.20.190.20.230.150.150.07-0.260.16-0.180.090.430.14-0.58-0.11
0.750.960.850.760.830.910.930.840.781.00.940.190.860.860.950.880.710.770.950.790.86-0.04-0.29-0.380.77
0.860.960.860.90.850.870.970.860.980.870.980.20.860.90.960.90.380.830.960.880.59-0.14-0.26-0.360.57
0.930.920.910.870.890.940.870.90.860.870.920.230.860.90.90.790.550.830.910.880.7-0.24-0.32-0.240.7
0.811.00.890.880.90.891.00.880.910.961.00.150.950.960.90.930.590.831.00.870.77-0.12-0.31-0.390.69
0.750.920.780.760.80.80.930.770.830.880.920.150.880.90.790.930.480.720.930.760.70.0-0.28-0.440.62
0.420.620.540.50.720.640.530.530.250.710.550.070.710.380.550.590.480.430.610.40.960.05-0.17-0.210.67
0.680.830.980.710.740.720.830.980.790.770.83-0.260.770.830.830.830.720.430.830.990.59-0.37-0.250.130.66
0.831.00.890.890.920.90.990.880.90.951.00.160.950.960.911.00.930.610.830.870.78-0.11-0.31-0.390.69
0.760.870.980.780.780.760.870.990.850.790.88-0.180.790.880.880.870.760.40.990.870.58-0.34-0.320.020.64
0.570.790.690.620.820.770.720.680.460.860.740.090.860.590.70.770.70.960.590.780.580.01-0.23-0.290.77
0.01-0.09-0.29-0.04-0.050.07-0.13-0.3-0.11-0.05-0.10.43-0.04-0.14-0.24-0.120.00.05-0.37-0.11-0.340.010.21-0.26-0.26
-0.33-0.3-0.35-0.25-0.27-0.19-0.29-0.35-0.21-0.29-0.30.14-0.29-0.26-0.32-0.31-0.28-0.17-0.25-0.31-0.32-0.230.210.51-0.37
-0.36-0.38-0.02-0.39-0.34-0.33-0.380.0-0.33-0.37-0.39-0.58-0.38-0.36-0.24-0.39-0.44-0.210.13-0.390.02-0.29-0.260.51-0.16
0.510.690.730.480.630.650.650.720.460.770.66-0.110.770.570.70.690.620.670.660.690.640.77-0.26-0.37-0.16
Click cells to compare fundamentals

Caesars Entertainment Account Relationship Matchups

Caesars Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding78.6M130M211M214M216M226.8M
Total Assets5.6B36.4B38.0B33.5B33.4B35.0B
Short Long Term Debt Total3.7B26.9B26.3B25.4B25.1B26.3B
Other Current Liab346.9M885M2.7B1.2B2.2B2.3B
Total Current Liabilities688.4M2.6B5.3B2.7B2.7B2.8B
Total Stockholder Equity1.1B5.0B4.5B3.7B4.6B4.8B
Property Plant And Equipment Net2.8B14.8B15.3B15.2B14.8B15.5B
Net Debt3.5B25.2B25.2B24.4B24.1B25.3B
Accounts Payable62.0M165M254M314M408M428.4M
Cash206.3M1.8B1.1B1.0B1.0B1.1B
Non Current Assets Total5.0B29.7B32.1B31.4B31.3B32.9B
Non Currrent Assets Other47.7M(354M)(461M)(611M)848M890.4M
Cash And Short Term Investments241.0M1.8B1.1B1.0B1.0B1.1B
Net Receivables57.7M382M472M611M608M638.4M
Good Will909.7M9.7B11.1B11.0B11.0B11.5B
Liabilities And Stockholders Equity5.6B36.4B38.0B33.5B33.4B35.0B
Non Current Liabilities Total3.8B28.8B28.2B27.1B26.0B27.3B
Inventory18.4M44M42M59M46M29.5M
Other Current Assets287.6M4.5B4.4B263M264M409.6M
Other Stockholder Equity750.4M6.4B6.9B6.9B7.0B7.3B
Total Liab4.5B31.4B33.5B29.8B28.6B30.1B
Property Plant And Equipment Gross2.8B14.3B17.3B18.2B18.8B19.7B
Total Current Assets604.6M6.7B6.0B2.1B2.0B1.1B
Accumulated Other Comprehensive Income377K34M36M92M97M101.9M
Retained Earnings366.5M(1.4B)(2.4B)(3.3B)(2.5B)(2.4B)
Other Liab363M2.0B1.3B1.1B1.3B669.0M
Other Assets76M1.4B650M376M338.4M456.1M
Long Term Debt8.5B14.1B13.7B12.7B12.2B12.7B
Short Term Debt462K266.2M119M158M88M86.4M
Intangible Assets1.1B4.3B4.9B4.7B4.5B2.4B
Property Plant Equipment2.8B14.8B15.3B15.2B17.5B13.0B
Current Deferred Revenue13.5M1.4B2.2B987M(23M)(21.9M)
Net Tangible Assets(904M)(9.0B)(11.3B)(12.0B)(10.8B)(10.3B)
Short Term Investments17.0M34.6M2.0B319M366.9M657.8M

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When determining whether Caesars Entertainment is a strong investment it is important to analyze Caesars Entertainment's 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 Caesars Entertainment's future performance. For an informed investment choice regarding Caesars Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caesars 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 nation.
To learn how to invest in Caesars Stock, please use our How to Invest in Caesars Entertainment guide.
Note that the Caesars Entertainment information on this page should be used as a complementary analysis to other Caesars 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 Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Caesars Entertainment's price analysis, check to measure Caesars 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 Caesars Entertainment is operating at the current time. Most of Caesars Entertainment's value examination focuses on studying past and present price action to predict the probability of Caesars 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 Caesars Entertainment's price. Additionally, you may evaluate how the addition of Caesars Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Caesars 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 Caesars Entertainment. If investors know Caesars 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 Caesars 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
0.417
Earnings Share
3.54
Revenue Per Share
53.148
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0457
The market value of Caesars Entertainment is measured differently than its book value, which is the value of Caesars that is recorded on the company's balance sheet. Investors also form their own opinion of Caesars Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Caesars 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 Caesars Entertainment's market value can be influenced by many factors that don't directly affect Caesars 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 Caesars Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caesars Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caesars 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.