Golden Entertainment Inc (GDEN) - Net Assets
Based on the latest financial reports, Golden Entertainment Inc (GDEN) has net assets worth $434.15 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.04 Billion) and total liabilities ($601.89 Million). 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. Check Golden Entertainment Inc (GDEN) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $434.15 Million |
| % of Total Assets | 41.9% |
| Annual Growth Rate | 5.05% |
| 5-Year Change | 194.07% |
| 10-Year Change | 125.3% |
| Growth Volatility | 33.24 |
Golden Entertainment Inc - Net Assets Trend (1998–2024)
This chart illustrates how Golden Entertainment Inc's net assets have evolved over time, based on quarterly financial data. Also explore GDEN asset base for the complete picture of this company's asset base.
Annual Net Assets for Golden Entertainment Inc (1998–2024)
The table below shows the annual net assets of Golden Entertainment Inc from 1998 to 2024. For live valuation and market cap data, see market cap of Golden Entertainment Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $474.23 Million | -11.81% |
| 2023-12-31 | $537.73 Million | +52.37% |
| 2022-12-31 | $352.92 Million | +10.45% |
| 2021-12-31 | $319.54 Million | +98.15% |
| 2020-12-31 | $161.26 Million | -44.34% |
| 2019-12-31 | $289.74 Million | -8.06% |
| 2018-12-31 | $315.15 Million | -1.82% |
| 2017-12-31 | $320.99 Million | +53.27% |
| 2016-12-31 | $209.43 Million | -0.50% |
| 2015-12-31 | $210.49 Million | +95.59% |
| 2014-12-31 | $107.62 Million | -18.52% |
| 2013-12-31 | $132.08 Million | +17.74% |
| 2012-12-31 | $112.18 Million | +2.83% |
| 2011-12-31 | $109.09 Million | -0.81% |
| 2010-12-31 | $109.98 Million | -10.90% |
| 2009-12-31 | $123.44 Million | +4.57% |
| 2008-12-31 | $118.05 Million | -46.65% |
| 2007-12-31 | $221.29 Million | -2.67% |
| 2006-12-31 | $227.36 Million | +17.89% |
| 2005-12-31 | $192.85 Million | -0.91% |
| 2004-12-31 | $194.61 Million | +23.62% |
| 2003-12-31 | $157.42 Million | -1.92% |
| 2002-12-31 | $160.51 Million | -8.67% |
| 2001-12-31 | $175.75 Million | -0.03% |
| 2000-12-31 | $175.80 Million | +9.94% |
| 1999-12-31 | $159.90 Million | +21.41% |
| 1998-12-31 | $131.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Entertainment 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 1408.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $265.00K | 0.06% |
| Other Components | $481.81 Million | 101.60% |
| Total Equity | $474.23 Million | 100.00% |
Golden Entertainment Inc Competitors by Market Cap
The table below lists competitors of Golden Entertainment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alok Industries Limited
NSE:ALOKINDS
|
$740.48 Million |
|
MBK Public Company Limited
BK:MBK
|
$740.55 Million |
|
Hello Group Inc
NASDAQ:MOMO
|
$740.60 Million |
|
Siantar Top Tbk
JK:STTP
|
$740.74 Million |
|
Compass Diversified Holdings
NYSE:CODI
|
$740.32 Million |
|
Alligo AB Series B
ST:ALLIGO-B
|
$739.77 Million |
|
UBISOFT ENTMT ADR 1/5
F:UEN0
|
$739.77 Million |
|
Burelle SA
PA:BUR
|
$739.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Entertainment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 537,733,000 to 474,227,000, a change of -63,506,000 (-11.8%).
- Net income of 50,731,000 contributed positively to equity growth.
- Dividend payments of 21,306,000 reduced retained earnings.
- Share repurchases of 91,539,000 reduced equity.
- New share issuances of 7,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $50.73 Million | +10.7% |
| Dividends Paid | $21.31 Million | -4.49% |
| Share Repurchases | $91.54 Million | -19.3% |
| Share Issuances | $7.00K | +0.0% |
| Other Changes | $-1.40 Million | -0.3% |
| Total Change | $- | -11.81% |
Book Value vs Market Value Analysis
This analysis compares Golden Entertainment 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: 1.79x
- 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 2.32x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $12.29 | $28.55 | x |
| 1999-12-31 | $14.82 | $28.55 | x |
| 2000-12-31 | $16.49 | $28.55 | x |
| 2001-12-31 | $16.46 | $28.55 | x |
| 2002-12-31 | $15.09 | $28.55 | x |
| 2003-12-31 | $7.39 | $28.55 | x |
| 2004-12-31 | $16.59 | $28.55 | x |
| 2005-12-31 | $16.00 | $28.55 | x |
| 2006-12-31 | $17.08 | $28.55 | x |
| 2007-12-31 | $17.31 | $28.55 | x |
| 2008-12-31 | $9.37 | $28.55 | x |
| 2009-12-31 | $9.35 | $28.55 | x |
| 2010-12-31 | $8.34 | $28.55 | x |
| 2011-12-31 | $8.24 | $28.55 | x |
| 2012-12-31 | $8.49 | $28.55 | x |
| 2013-12-31 | $9.90 | $28.55 | x |
| 2014-12-31 | $8.04 | $28.55 | x |
| 2015-12-31 | $12.31 | $28.55 | x |
| 2016-12-31 | $9.33 | $28.55 | x |
| 2017-12-31 | $13.02 | $28.55 | x |
| 2018-12-31 | $11.44 | $28.55 | x |
| 2019-12-31 | $10.44 | $28.55 | x |
| 2020-12-31 | $5.74 | $28.55 | x |
| 2021-12-31 | $9.95 | $28.55 | x |
| 2022-12-31 | $11.20 | $28.55 | x |
| 2023-12-31 | $17.47 | $28.55 | x |
| 2024-12-31 | $15.97 | $28.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Entertainment 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): 10.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.61%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.28x
- Recent ROE (10.70%) is above the historical average (0.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 46.47% | 66.31% | 0.57x | 1.22x | $48.03 Million |
| 1999 | 18.01% | 52.65% | 0.30x | 1.15x | $12.81 Million |
| 2000 | 8.92% | 26.55% | 0.28x | 1.21x | $-1.90 Million |
| 2001 | -0.18% | -0.92% | 0.18x | 1.12x | $-17.90 Million |
| 2002 | -7.19% | -768.38% | 0.01x | 1.10x | $-27.59 Million |
| 2003 | -2.52% | -92.81% | 0.03x | 1.08x | $-19.70 Million |
| 2004 | -2.20% | -23.02% | 0.08x | 1.14x | $-22.38 Million |
| 2005 | -6.65% | -65.14% | 0.08x | 1.29x | $-29.71 Million |
| 2006 | 9.95% | 70.12% | 0.08x | 1.72x | $-112.20K |
| 2007 | -7.26% | -52.89% | 0.11x | 1.24x | $-35.78 Million |
| 2008 | -73.12% | -354.80% | 0.15x | 1.40x | $-98.13 Million |
| 2009 | 3.00% | 14.12% | 0.15x | 1.41x | $-8.64 Million |
| 2010 | -12.58% | -56.24% | 0.19x | 1.15x | $-24.83 Million |
| 2011 | -1.70% | -5.19% | 0.31x | 1.07x | $-12.72 Million |
| 2012 | 2.87% | 29.41% | 0.09x | 1.07x | $-8.00 Million |
| 2013 | 14.12% | 48.08% | 0.26x | 1.11x | $5.44 Million |
| 2014 | -23.09% | -45.03% | 0.45x | 1.13x | $-35.61 Million |
| 2015 | 11.65% | 13.85% | 0.47x | 1.80x | $3.47 Million |
| 2016 | 7.78% | 4.04% | 0.96x | 2.00x | $-4.64 Million |
| 2017 | 0.68% | 0.43% | 0.37x | 4.25x | $-29.93 Million |
| 2018 | -6.64% | -2.46% | 0.62x | 4.34x | $-52.43 Million |
| 2019 | -13.65% | -4.06% | 0.56x | 6.01x | $-68.52 Million |
| 2020 | -84.71% | -19.68% | 0.44x | 9.74x | $-152.74 Million |
| 2021 | 50.63% | 14.75% | 0.68x | 5.06x | $129.82 Million |
| 2022 | 23.33% | 7.34% | 0.74x | 4.27x | $47.05 Million |
| 2023 | 47.56% | 24.28% | 0.73x | 2.70x | $201.98 Million |
| 2024 | 10.70% | 7.61% | 0.62x | 2.28x | $3.31 Million |
Industry Comparison
This section compares Golden Entertainment Inc's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,064,590,443
- Average return on equity (ROE) among peers: 2.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Entertainment Inc (GDEN) | $434.15 Million | 46.47% | 1.39x | $740.46 Million |
| Bally's Corp (BALY) | $635.85 Million | -29.49% | 9.79x | $650.91 Million |
| Boyd Gaming Corporation (BYD) | $650.44 Million | -12.34% | 7.83x | $6.36 Billion |
| Century Casinos Inc (CNTY) | $129.45 Million | 4.77% | 0.47x | $40.65 Million |
| Canterbury Park Holding Corporation (CPHC) | $21.00 Million | 18.40% | 0.34x | $80.67 Million |
| Caesars Entertainment Corporation (CZR) | $428.00 Million | 12.15% | 2.73x | $3.95 Billion |
| Full House Resorts Inc (FLL) | $52.79 Million | 14.53% | 0.07x | $88.50 Million |
| Hilton Grand Vacations Inc (HGV) | $-373.00 Million | 0.00% | 0.00x | $3.93 Billion |
| Las Vegas Sands Corp (LVS) | $7.93 Billion | 6.31% | 1.65x | $35.70 Billion |
| Monarch Casino & Resort Inc (MCRI) | $105.59 Million | 9.04% | 0.73x | $1.70 Billion |
About Golden Entertainment Inc
Golden Entertainment, Inc. operates a diversified entertainment platform of gaming and hospitality assets. The Company operates eight casinos and 72 gaming taverns in Nevada, featuring approximately 5,600 slots, 80 table games and 6,000 hotel rooms.