Wynn Asset Turnover vs Net Debt Analysis

WYNN Stock  USD 95.75  1.48  1.52%   
Wynn Resorts financial indicator trend analysis is more than just analyzing Wynn Resorts Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wynn Resorts Limited is a good investment. Please check the relationship between Wynn Resorts Asset Turnover and its Net Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Asset Turnover vs Net Debt

Asset Turnover vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wynn Resorts Limited Asset Turnover account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wynn Resorts' Asset Turnover and Net Debt is -0.25. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Net Debt in the same time period over historical financial statements of Wynn Resorts Limited, assuming nothing else is changed. The correlation between historical values of Wynn Resorts' Asset Turnover and Net 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 Asset Turnover of Wynn Resorts Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Asset Turnover i.e., Wynn Resorts' Asset Turnover and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Wynn Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wynn Resorts Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Wynn Resorts' Selling General Administrative is very stable compared to the past year. As of the 9th of May 2024, Tax Provision is likely to grow to about 9.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B2.1B1.3B
Total Revenue3.8B3.8B6.5B3.7B

Wynn Resorts fundamental ratios Correlations

0.430.88-0.010.820.610.890.540.950.870.680.750.740.970.890.990.040.570.940.98-0.250.980.30.720.670.94
0.430.49-0.080.670.110.35-0.130.330.420.470.30.470.410.450.430.720.810.420.4-0.540.430.060.50.690.41
0.880.490.210.60.630.790.520.720.820.760.750.690.80.850.850.130.460.740.82-0.10.830.270.860.780.73
-0.01-0.080.21-0.340.25-0.330.5-0.26-0.360.080.070.04-0.24-0.310.04-0.28-0.11-0.310.070.660.09-0.390.240.02-0.31
0.820.670.6-0.340.320.770.160.850.770.550.550.630.860.770.810.390.830.890.82-0.610.820.250.480.640.89
0.610.110.630.250.320.490.590.480.50.550.780.490.480.540.570.050.250.40.570.370.590.60.690.330.43
0.890.350.79-0.330.770.490.390.910.970.620.650.680.940.970.830.020.410.920.82-0.420.810.50.550.590.92
0.54-0.130.520.50.160.590.390.440.270.220.380.310.410.30.52-0.55-0.020.350.590.460.590.160.40.010.36
0.950.330.72-0.260.850.480.910.440.890.560.660.670.980.890.94-0.010.520.980.93-0.380.920.340.540.560.99
0.870.420.82-0.360.770.50.970.270.890.630.670.680.931.00.820.180.470.920.78-0.440.780.490.620.660.91
0.680.470.760.080.550.550.620.220.560.630.850.450.610.660.660.20.390.560.66-0.240.650.40.770.880.56
0.750.30.750.070.550.780.650.380.660.670.850.430.670.710.730.150.310.610.730.010.730.60.820.660.63
0.740.470.690.040.630.490.680.310.670.680.450.430.690.70.720.150.530.670.71-0.180.720.140.440.470.67
0.970.410.8-0.240.860.480.940.410.980.930.610.670.690.940.950.060.560.990.93-0.420.930.350.620.650.99
0.890.450.85-0.310.770.540.970.30.891.00.660.710.70.940.850.20.490.910.8-0.40.80.490.670.690.91
0.990.430.850.040.810.570.830.520.940.820.660.730.720.950.850.040.60.930.98-0.240.990.220.710.690.93
0.040.720.13-0.280.390.050.02-0.55-0.010.180.20.150.150.060.20.040.680.08-0.02-0.370.020.060.280.420.07
0.570.810.46-0.110.830.250.41-0.020.520.470.390.310.530.560.490.60.680.590.57-0.510.61-0.020.450.610.58
0.940.420.74-0.310.890.40.920.350.980.920.560.610.670.990.910.930.080.590.91-0.50.90.310.550.621.0
0.980.40.820.070.820.570.820.590.930.780.660.730.710.930.80.98-0.020.570.91-0.211.00.220.660.630.91
-0.25-0.54-0.10.66-0.610.37-0.420.46-0.38-0.44-0.240.01-0.18-0.42-0.4-0.24-0.37-0.51-0.5-0.21-0.2-0.050.04-0.49-0.47
0.980.430.830.090.820.590.810.590.920.780.650.730.720.930.80.990.020.610.91.0-0.20.220.690.640.91
0.30.060.27-0.390.250.60.50.160.340.490.40.60.140.350.490.220.06-0.020.310.22-0.050.220.350.170.34
0.720.50.860.240.480.690.550.40.540.620.770.820.440.620.670.710.280.450.550.660.040.690.350.760.55
0.670.690.780.020.640.330.590.010.560.660.880.660.470.650.690.690.420.610.620.63-0.490.640.170.760.61
0.940.410.73-0.310.890.430.920.360.990.910.560.630.670.990.910.930.070.581.00.91-0.470.910.340.550.61
Click cells to compare fundamentals

Wynn Resorts Account Relationship Matchups

Wynn Resorts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B13.9B12.5B13.4B14.0B8.8B
Other Current Liab572.3M489.1M631.0M560.3M1.2B1.3B
Total Current Liabilities2.0B1.9B1.3B1.8B2.2B1.1B
Total Stockholder Equity1.7B(352.0M)(214.4M)(750.8M)(251.4M)(238.8M)
Net Debt8.2B9.7B9.5B10.1B10.5B11.1B
Accounts Payable262.4M148.5M170.5M197.5M208.3M187.0M
Cash2.4B3.5B2.5B3.7B2.9B1.8B
Other Assets791.8M581.6M210.7M391.0M1.00.95
Long Term Debt10.1B12.5B11.9B11.6B11.0B6.4B
Cash And Short Term Investments2.4B3.5B2.5B3.7B3.7B1.9B
Common Stock Shares Outstanding107.0M106.7M113.8M113.6M112.9M109.0M
Liabilities And Stockholders Equity13.9B13.9B12.5B13.4B14.0B8.8B
Inventory88.5M66.3M70.0M70.1M75.6M66.5M
Other Current Assets69.5M64.7M84.0M93.0M91.3M68.9M
Total Liab12.3B14.6B13.4B15.1B15.1B7.8B
Total Current Assets2.9B3.8B2.9B4.0B4.2B2.3B
Property Plant Equipment9.6B9.2B9.1B8.7B10.1B5.7B
Intangible Assets146.4M134.1M177.8M154.7M311.2M326.8M
Short Long Term Debt Total10.6B13.2B12.0B13.7B13.4B7.3B
Property Plant And Equipment Net10.1B9.6B9.1B8.7B8.5B6.4B
Retained Earnings641.8M(1.5B)(2.3B)(2.7B)(2.1B)(2.0B)
Non Current Assets Total11.0B10.1B9.7B9.4B9.8B7.0B
Non Currrent Assets Other223.1M183.0M210.7M391.0M221.5M257.3M
Net Receivables346.4M200.2M199.5M216.0M350.4M202.5M
Common Stock Total Equity1.2M1.2M1.2M1.3M1.5M1.3M
Non Current Liabilities Total10.3B12.7B12.1B13.2B12.9B7.3B
Other Stockholder Equity1.1B1.2B2.1B2.0B1.8B1.0B
Property Plant And Equipment Gross10.1B9.2B14.9B14.8B15.1B15.9B
Accumulated Other Comprehensive Income(1.7M)3.6M6.0M(404K)3.4M3.6M
Short Term Debt323.9M596.4M50M547.5M732.3M768.9M
Common Stock1.2M1.2M1.3M1.3M1.3M1.3M
Other Liab86.2M67.6M33.8M30.2M34.7M33.0M
Current Deferred Revenue824.3M646.9M436.4M506.1M56.1M53.3M
Treasury Stock(1.3B)(1.4B)(1.4B)(1.4B)(1.3B)(1.4B)
Net Tangible Assets1.6B(630.2M)(339.4M)(996.1M)(896.5M)(851.7M)
Noncontrolling Interest In Consolidated Entity(219.3M)(201.6M)(385.3M)(621.8M)(559.6M)(531.6M)
Retained Earnings Total Equity921.8M641.8M(1.5B)(2.3B)(2.1B)(2.0B)

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When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' 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 Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Wynn Resorts' 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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
21.116
Dividend Share
0.75
Earnings Share
7.64
Revenue Per Share
58.049
Quarterly Revenue Growth
0.831
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.