Caesars Long Term Debt vs Accounts Payable 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 Long Term Debt and its Accounts Payable 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.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caesars Entertainment Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Caesars Entertainment's Long Term Debt and Accounts Payable is 0.25. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable 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 Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Caesars Entertainment are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Caesars Entertainment's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Caesars Entertainment has held for over one year. Long-term debt appears on Caesars 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 Caesars 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.

Accounts Payable

An accounting item on the balance sheet that represents Caesars Entertainment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Caesars Entertainment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 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

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

  0.63EXPE Expedia GroupPairCorr

Moving against Caesars Stock

  0.68WING WingstopPairCorr
  0.63BH Biglari HoldingsPairCorr
  0.59WEN The WendysPairCorr
  0.57CDROW Codere Online LuxembourgPairCorr
  0.43SG Sweetgreen TrendingPairCorr
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 CorrelationCorrelation 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:
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.

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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.