Eldorado Resorts Inc
Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 32 jurisdictions in North America, and iGaming in five juris… Read more
Eldorado Resorts Inc (2ER) - Net Assets
Latest net assets as of September 2025: €3.98 Billion EUR
Based on the latest financial reports, Eldorado Resorts Inc (2ER) has net assets worth €3.98 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€31.90 Billion) and total liabilities (€27.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.98 Billion |
| % of Total Assets | 12.46% |
| Annual Growth Rate | 36.23% |
| 5-Year Change | -13.07% |
| 10-Year Change | N/A |
| Growth Volatility | 121.58 |
Eldorado Resorts Inc - Net Assets Trend (2015–2024)
This chart illustrates how Eldorado Resorts Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eldorado Resorts Inc (2015–2024)
The table below shows the annual net assets of Eldorado Resorts Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.38 Billion | -7.29% |
| 2023-12-31 | €4.72 Billion | +25.83% |
| 2022-12-31 | €3.75 Billion | -17.40% |
| 2021-12-31 | €4.54 Billion | -9.79% |
| 2020-12-31 | €5.03 Billion | +350.57% |
| 2019-12-31 | €1.12 Billion | +8.56% |
| 2018-12-31 | €1.03 Billion | +8.89% |
| 2017-12-31 | €945.13 Million | +216.68% |
| 2016-12-31 | €298.45 Million | +10.27% |
| 2015-12-31 | €270.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eldorado Resorts Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2907.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.96 Billion | 167.38% |
| Total Equity | €4.16 Billion | 100.00% |
Eldorado Resorts Inc Competitors by Market Cap
The table below lists competitors of Eldorado Resorts Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wallenius Wilhelmsen ASA
OTCGREY:WILWY
|
$3.31 Billion |
|
WSFS Financial Corporation
NASDAQ:WSFS
|
$3.31 Billion |
|
F5, Inc.
SA:F1FI34
|
$3.31 Billion |
|
Hainan HNA Infrastructure Investment Group Co Ltd
SHG:600515
|
$3.31 Billion |
|
Bohai Leasing Co Ltd
SHE:000415
|
$3.31 Billion |
|
Liberty Global PLC
NASDAQ:LBTYA
|
$3.31 Billion |
|
BILL Holdings, Inc.
LSE:0A75
|
$3.31 Billion |
|
First Capital Securities Co Ltd Class A
SHE:002797
|
$3.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eldorado Resorts Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,552,000,000 to 4,157,000,000, a change of -395,000,000 (-8.7%).
- Net loss of 278,000,000 reduced equity.
- Share repurchases of 191,000,000 reduced equity.
- Other factors increased equity by 74,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-278.00 Million | -6.69% |
| Share Repurchases | €191.00 Million | -4.59% |
| Other Changes | €74.00 Million | +1.78% |
| Total Change | €- | -8.68% |
Book Value vs Market Value Analysis
This analysis compares Eldorado Resorts Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.91x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €12.30 | €23.53 | x |
| 2018-12-31 | €13.29 | €23.53 | x |
| 2019-12-31 | €14.40 | €23.53 | x |
| 2020-12-31 | €24.11 | €23.53 | x |
| 2021-12-31 | €20.96 | €23.53 | x |
| 2022-12-31 | €17.30 | €23.53 | x |
| 2023-12-31 | €21.09 | €23.53 | x |
| 2024-12-31 | €19.67 | €23.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eldorado Resorts Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.47%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 7.84x
- Recent ROE (-6.69%) is below the historical average (0.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 42.19% | 15.86% | 0.54x | 4.90x | €87.12 Million |
| 2016 | 8.31% | 2.78% | 0.69x | 4.34x | €-5.04 Million |
| 2017 | 7.82% | 5.02% | 0.42x | 3.75x | €-20.57 Million |
| 2018 | 9.25% | 4.63% | 0.35x | 5.74x | €-7.68 Million |
| 2019 | 7.25% | 3.20% | 0.45x | 5.05x | €-30.72 Million |
| 2020 | -35.03% | -50.58% | 0.10x | 7.25x | €-2.26 Billion |
| 2021 | -22.75% | -10.65% | 0.25x | 8.49x | €-1.47 Billion |
| 2022 | -24.21% | -8.31% | 0.32x | 9.03x | €-1.27 Billion |
| 2023 | 17.27% | 6.82% | 0.35x | 7.33x | €330.80 Million |
| 2024 | -6.69% | -2.47% | 0.35x | 7.84x | €-693.70 Million |
Industry Comparison
This section compares Eldorado Resorts Inc's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $18,495,676,497
- Average return on equity (ROE) among peers: -0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eldorado Resorts Inc (2ER) | €3.98 Billion | 42.19% | 7.03x | $3.31 Billion |
| Resorttrust Inc (5FY) | $118.38 Billion | 9.30% | 2.56x | $1.72 Billion |
| Emma Villas S.p.A. (B1K) | $4.41 Million | -29.62% | 3.37x | $12.52K |
| Emperor Entertainment Hotel Limited (EM7A) | $5.88 Billion | 6.70% | 0.17x | $14.11 Million |
| Marriott Vacations Worldwide Corporation (M8V) | $3.47 Billion | 1.59% | 1.60x | $1.68 Billion |
| Rich Goldman Holdings Limited (MRU3) | $1.08 Billion | -9.19% | 0.25x | $1.87 Million |
| Regenbogen AG (RGB) | $11.81 Million | 19.80% | 1.74x | $61.68K |
| Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (RJ8) | $656.17 Million | -4.44% | 0.56x | $586.09 Million |