Caesars Good Will vs Net Working Capital Analysis

CZR Stock

USD 36.45 0.26 0.71%

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 Good Will and its Net Working Capital 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.

Good Will vs Net Working Capital

Good Will vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caesars Entertainment Good Will account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Caesars Entertainment's Good Will and Net Working Capital is 0.17. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Working Capital 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 Good Will and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Caesars Entertainment are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Good Will i.e., Caesars Entertainment's Good Will and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Working Capital

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 05/15/2024, 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 Profit	4.9B	5.4B	6.1B	6.4B
Total Revenue	9.6B	10.8B	11.5B	12.1B

Gross Profit Total Revenue

Caesars Entertainment fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Retained Earnings	Common Stock Total Equity	Common Stock	Other Liab
Common Stock Shares Outstanding		0.85	0.78	0.89	0.86	0.91	0.79	0.77	0.85	0.74	0.86	0.41	0.75	0.86	0.93	0.81	0.75	0.42	0.68	0.83	0.76	0.57	0.01	-0.33	-0.36	0.51
Total Assets	0.85		0.89	0.9	0.92	0.92	0.99	0.88	0.9	0.96	1.0	0.19	0.96	0.96	0.92	1.0	0.92	0.62	0.83	1.0	0.87	0.79	-0.09	-0.3	-0.38	0.69
Short Long Term Debt Total	0.78	0.89		0.77	0.82	0.82	0.88	1.0	0.81	0.86	0.89	-0.14	0.85	0.86	0.91	0.89	0.78	0.54	0.98	0.89	0.98	0.69	-0.29	-0.35	-0.02	0.73
Other Current Liab	0.89	0.9	0.77		0.93	0.87	0.88	0.76	0.91	0.76	0.91	0.34	0.76	0.9	0.87	0.88	0.76	0.5	0.71	0.89	0.78	0.62	-0.04	-0.25	-0.39	0.48
Total Current Liabilities	0.86	0.92	0.82	0.93		0.89	0.87	0.81	0.79	0.83	0.91	0.22	0.83	0.85	0.89	0.9	0.8	0.72	0.74	0.92	0.78	0.82	-0.05	-0.27	-0.34	0.63
Total Stockholder Equity	0.91	0.92	0.82	0.87	0.89		0.86	0.81	0.83	0.91	0.91	0.41	0.91	0.87	0.94	0.89	0.8	0.64	0.72	0.9	0.76	0.77	0.07	-0.19	-0.33	0.65
Property Plant And Equipment Net	0.79	0.99	0.88	0.88	0.87	0.86		0.87	0.92	0.93	0.99	0.13	0.93	0.97	0.87	1.0	0.93	0.53	0.83	0.99	0.87	0.72	-0.13	-0.29	-0.38	0.65
Net Debt	0.77	0.88	1.0	0.76	0.81	0.81	0.87		0.8	0.84	0.88	-0.16	0.84	0.86	0.9	0.88	0.77	0.53	0.98	0.88	0.99	0.68	-0.3	-0.35	0.0	0.72
Accounts Payable	0.85	0.9	0.81	0.91	0.79	0.83	0.92	0.8		0.78	0.93	0.26	0.78	0.98	0.86	0.91	0.83	0.25	0.79	0.9	0.85	0.46	-0.11	-0.21	-0.33	0.46
Cash	0.74	0.96	0.86	0.76	0.83	0.91	0.93	0.84	0.78		0.94	0.18	1.0	0.87	0.87	0.96	0.88	0.71	0.77	0.95	0.79	0.86	-0.05	-0.29	-0.37	0.77
Non Current Assets Total	0.86	1.0	0.89	0.91	0.91	0.91	0.99	0.88	0.93	0.94		0.2	0.94	0.98	0.92	1.0	0.92	0.55	0.83	1.0	0.88	0.74	-0.1	-0.3	-0.39	0.66
Non Currrent Assets Other	0.41	0.19	-0.14	0.34	0.22	0.41	0.13	-0.16	0.26	0.18	0.2		0.19	0.2	0.23	0.15	0.15	0.07	-0.26	0.16	-0.18	0.09	0.43	0.14	-0.58	-0.11
Cash And Short Term Investments	0.75	0.96	0.85	0.76	0.83	0.91	0.93	0.84	0.78	1.0	0.94	0.19		0.86	0.86	0.95	0.88	0.71	0.77	0.95	0.79	0.86	-0.04	-0.29	-0.38	0.77
Net Receivables	0.86	0.96	0.86	0.9	0.85	0.87	0.97	0.86	0.98	0.87	0.98	0.2	0.86		0.9	0.96	0.9	0.38	0.83	0.96	0.88	0.59	-0.14	-0.26	-0.36	0.57
Good Will	0.93	0.92	0.91	0.87	0.89	0.94	0.87	0.9	0.86	0.87	0.92	0.23	0.86	0.9		0.9	0.79	0.55	0.83	0.91	0.88	0.7	-0.24	-0.32	-0.24	0.7
Non Current Liabilities Total	0.81	1.0	0.89	0.88	0.9	0.89	1.0	0.88	0.91	0.96	1.0	0.15	0.95	0.96	0.9		0.93	0.59	0.83	1.0	0.87	0.77	-0.12	-0.31	-0.39	0.69
Inventory	0.75	0.92	0.78	0.76	0.8	0.8	0.93	0.77	0.83	0.88	0.92	0.15	0.88	0.9	0.79	0.93		0.48	0.72	0.93	0.76	0.7	0.0	-0.28	-0.44	0.62
Other Current Assets	0.42	0.62	0.54	0.5	0.72	0.64	0.53	0.53	0.25	0.71	0.55	0.07	0.71	0.38	0.55	0.59	0.48		0.43	0.61	0.4	0.96	0.05	-0.17	-0.21	0.67
Other Stockholder Equity	0.68	0.83	0.98	0.71	0.74	0.72	0.83	0.98	0.79	0.77	0.83	-0.26	0.77	0.83	0.83	0.83	0.72	0.43		0.83	0.99	0.59	-0.37	-0.25	0.13	0.66
Total Liab	0.83	1.0	0.89	0.89	0.92	0.9	0.99	0.88	0.9	0.95	1.0	0.16	0.95	0.96	0.91	1.0	0.93	0.61	0.83		0.87	0.78	-0.11	-0.31	-0.39	0.69
Property Plant And Equipment Gross	0.76	0.87	0.98	0.78	0.78	0.76	0.87	0.99	0.85	0.79	0.88	-0.18	0.79	0.88	0.88	0.87	0.76	0.4	0.99	0.87		0.58	-0.34	-0.32	0.02	0.64
Total Current Assets	0.57	0.79	0.69	0.62	0.82	0.77	0.72	0.68	0.46	0.86	0.74	0.09	0.86	0.59	0.7	0.77	0.7	0.96	0.59	0.78	0.58		0.01	-0.23	-0.29	0.77
Retained Earnings	0.01	-0.09	-0.29	-0.04	-0.05	0.07	-0.13	-0.3	-0.11	-0.05	-0.1	0.43	-0.04	-0.14	-0.24	-0.12	0.0	0.05	-0.37	-0.11	-0.34	0.01		0.21	-0.26	-0.26
Common Stock Total Equity	-0.33	-0.3	-0.35	-0.25	-0.27	-0.19	-0.29	-0.35	-0.21	-0.29	-0.3	0.14	-0.29	-0.26	-0.32	-0.31	-0.28	-0.17	-0.25	-0.31	-0.32	-0.23	0.21		0.51	-0.37
Common Stock	-0.36	-0.38	-0.02	-0.39	-0.34	-0.33	-0.38	0.0	-0.33	-0.37	-0.39	-0.58	-0.38	-0.36	-0.24	-0.39	-0.44	-0.21	0.13	-0.39	0.02	-0.29	-0.26	0.51		-0.16
Other Liab	0.51	0.69	0.73	0.48	0.63	0.65	0.65	0.72	0.46	0.77	0.66	-0.11	0.77	0.57	0.7	0.69	0.62	0.67	0.66	0.69	0.64	0.77	-0.26	-0.37	-0.16

Click cells to compare fundamentals

Caesars Entertainment Account Relationship Matchups

Caesars Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	78.6M	130M	211M	214M	216M	226.8M
Total Assets	5.6B	36.4B	38.0B	33.5B	33.4B	35.0B
Short Long Term Debt Total	3.7B	26.9B	26.3B	25.4B	25.1B	26.3B
Other Current Liab	346.9M	885M	2.7B	1.2B	2.2B	2.3B
Total Current Liabilities	688.4M	2.6B	5.3B	2.7B	2.7B	2.8B
Total Stockholder Equity	1.1B	5.0B	4.5B	3.7B	4.6B	4.8B
Property Plant And Equipment Net	2.8B	14.8B	15.3B	15.2B	14.8B	15.5B
Net Debt	3.5B	25.2B	25.2B	24.4B	24.1B	25.3B
Accounts Payable	62.0M	165M	254M	314M	408M	428.4M
Cash	206.3M	1.8B	1.1B	1.0B	1.0B	1.1B
Non Current Assets Total	5.0B	29.7B	32.1B	31.4B	31.3B	32.9B
Non Currrent Assets Other	47.7M	(354M)	(461M)	(611M)	848M	890.4M
Cash And Short Term Investments	241.0M	1.8B	1.1B	1.0B	1.0B	1.1B
Net Receivables	57.7M	382M	472M	611M	608M	638.4M
Good Will	909.7M	9.7B	11.1B	11.0B	11.0B	11.5B
Liabilities And Stockholders Equity	5.6B	36.4B	38.0B	33.5B	33.4B	35.0B
Non Current Liabilities Total	3.8B	28.8B	28.2B	27.1B	26.0B	27.3B
Inventory	18.4M	44M	42M	59M	46M	29.5M
Other Current Assets	287.6M	4.5B	4.4B	263M	264M	409.6M
Other Stockholder Equity	750.4M	6.4B	6.9B	6.9B	7.0B	7.3B
Total Liab	4.5B	31.4B	33.5B	29.8B	28.6B	30.1B
Property Plant And Equipment Gross	2.8B	14.3B	17.3B	18.2B	18.8B	19.7B
Total Current Assets	604.6M	6.7B	6.0B	2.1B	2.0B	1.1B
Accumulated Other Comprehensive Income	377K	34M	36M	92M	97M	101.9M
Retained Earnings	366.5M	(1.4B)	(2.4B)	(3.3B)	(2.5B)	(2.4B)
Other Liab	363M	2.0B	1.3B	1.1B	1.3B	669.0M
Other Assets	76M	1.4B	650M	376M	338.4M	456.1M
Long Term Debt	8.5B	14.1B	13.7B	12.7B	12.2B	12.7B
Short Term Debt	462K	266.2M	119M	158M	88M	86.4M
Intangible Assets	1.1B	4.3B	4.9B	4.7B	4.5B	2.4B
Property Plant Equipment	2.8B	14.8B	15.3B	15.2B	17.5B	13.0B
Current Deferred Revenue	13.5M	1.4B	2.2B	987M	(23M)	(21.9M)
Net Tangible Assets	(904M)	(9.0B)	(11.3B)	(12.0B)	(10.8B)	(10.3B)
Short Term Investments	17.0M	34.6M	2.0B	319M	366.9M	657.8M

Caesars Entertainment Investors Sentiment

The influence of Caesars Entertainment's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Caesars. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Caesars Entertainment's public news can be used to forecast risks associated with an investment in Caesars. The trend in average sentiment can be used to explain how an investor holding Caesars can time the market purely based on public headlines and social activities around Caesars Entertainment. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Caesars Entertainment's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Caesars Entertainment's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Caesars Entertainment's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Caesars Entertainment.

Caesars Entertainment Implied Volatility

77.28

Caesars Entertainment's implied volatility exposes the market's sentiment of Caesars Entertainment stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Caesars Entertainment's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Caesars Entertainment stock will not fluctuate a lot when Caesars Entertainment's options are near their expiration.

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 Caesars 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, Caesars Entertainment's short interest history, or implied volatility extrapolated from Caesars Entertainment options trading.

Pair Trading with Caesars Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caesars Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caesars Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Caesars Stock

0.63

EXPE

Expedia Group

Pair Corr

Moving against Caesars Stock

0.68	WING	Wingstop	Pair Corr
0.63	BH	Biglari Holdings	Pair Corr
0.59	WEN	The Wendys	Pair Corr
0.57	CDROW	Codere Online Luxembourg	Pair Corr
0.43	SG	Sweetgreen Trending	Pair Corr

The ability to find closely correlated positions to Caesars Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caesars Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caesars Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caesars Entertainment to buy it.

The correlation of Caesars Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caesars Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caesars Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Caesars Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Caesars

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Is Caesars Stock a good investment?

Details

What is Caesars Entertainment's Net Worth?

Details

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Caesars Stock analysis

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.

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Caesars Good Will vs Net Working Capital Analysis

Good Will vs Net Working Capital

Good Will vs Net Working Capital Correlation Analysis

Correlation Coefficient

Good Will

Net Working Capital

Caesars Entertainment fundamental ratios Correlations

Caesars Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Caesars Entertainment fundamental ratios Accounts

Caesars Entertainment Investors Sentiment

Caesars Entertainment Implied Volatility

Pair Trading with Caesars Entertainment

Moving together with Caesars Stock

Moving against Caesars Stock

Complementary Tools for Caesars Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Common Stock	- 0.58	Non Currrent Assets Other
Common Stock	- 0.44	Inventory
Common Stock	- 0.39	Total Liab
Common Stock	- 0.39	Non Current Liabilities Total
Common Stock	- 0.39	Non Current Assets Total
Common Stock	- 0.39	Other Current Liab