Penn National Gaming Inc (PENN) - Total Assets
Based on the latest financial reports, Penn National Gaming Inc (PENN) holds total assets worth $14.27 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See PENN net assets for net asset value and shareholders' equity analysis.
Penn National Gaming Inc - Total Assets Trend (1993–2025)
This chart illustrates how Penn National Gaming Inc's total assets have evolved over time, based on quarterly financial data.
Penn National Gaming Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Penn National Gaming Inc's total assets of $14.27 Billion consist of 8.2% current assets and 91.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.8% |
| Accounts Receivable | $254.20 Million | 1.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.40 Billion | 9.9% |
| Goodwill | $1.79 Billion | 12.5% |
Asset Composition Trend (1993–2025)
This chart illustrates how Penn National Gaming Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Penn National Gaming Inc (PENN) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Penn National Gaming Inc's current assets represent 8.2% of total assets in 2025, a decrease from 13.6% in 1993.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2025, down from 5.4% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 10.0% in 1993.
- Asset Diversification: The largest asset category is goodwill at 12.5% of total assets.
Penn National Gaming Inc Competitors by Total Assets
Key competitors of Penn National Gaming Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Paradise Co. Ltd
KQ:034230
|
Korea | ₩3.96 Trillion |
|
Ferm. Casino Mun. Canne
PA:FCMC
|
France | €468.05 Million |
|
Merit Turizm Yatirim ve Isletme AS
IS:MERIT
|
Turkey | TL15.72 Billion |
|
Pathfinder Ventures Inc
V:RV
|
Canada | CA$14.50 Million |
|
The Star Entertainment Group Ltd
AU:SGR
|
Australia | AU$1.69 Billion |
|
Reef Casino Trust
AU:RCT
|
Australia | AU$103.62 Million |
|
Donaco International Ltd
AU:DNA
|
Australia | AU$223.96 Million |
|
Gamehost Inc.
TO:GH
|
Canada | CA$176.93 Million |
Penn National Gaming Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.79 | 0.82 | 2.48 |
| Quick Ratio | 0.79 | 0.82 | 2.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-309.40 Million | $-260.70 Million | $1.40 Billion |
Penn National Gaming Inc - Advanced Valuation Insights
This section examines the relationship between Penn National Gaming Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.08 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -6.5% |
| Total Assets | $14.27 Billion |
| Market Capitalization | $2.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Penn National Gaming Inc's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Penn National Gaming Inc's assets decreased by 6.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Penn National Gaming Inc (1993–2025)
The table below shows the annual total assets of Penn National Gaming Inc from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $14.27 Billion | -6.51% |
| 2024-12-31 | $15.26 Billion | -5.00% |
| 2023-12-31 | $16.06 Billion | -8.22% |
| 2022-12-31 | $17.50 Billion | +3.73% |
| 2021-12-31 | $16.87 Billion | +15.03% |
| 2020-12-31 | $14.67 Billion | +3.33% |
| 2019-12-31 | $14.19 Billion | +29.50% |
| 2018-12-31 | $10.96 Billion | +109.39% |
| 2017-12-31 | $5.23 Billion | +5.23% |
| 2016-12-31 | $4.97 Billion | -3.20% |
| 2015-12-31 | $5.14 Billion | +129.77% |
| 2014-12-31 | $2.24 Billion | +2.40% |
| 2013-12-31 | $2.18 Billion | -61.30% |
| 2012-12-31 | $5.64 Billion | +22.53% |
| 2011-12-31 | $4.61 Billion | +3.21% |
| 2010-12-31 | $4.46 Billion | -5.30% |
| 2009-12-31 | $4.71 Billion | -9.19% |
| 2008-12-31 | $5.19 Billion | +4.48% |
| 2007-12-31 | $4.97 Billion | +10.03% |
| 2006-12-31 | $4.51 Billion | +7.72% |
| 2005-12-31 | $4.19 Billion | +154.98% |
| 2004-12-31 | $1.64 Billion | +2.10% |
| 2003-12-31 | $1.61 Billion | +110.27% |
| 2002-12-31 | $765.48 Million | +12.67% |
| 2001-12-31 | $679.38 Million | +54.44% |
| 2000-12-31 | $439.90 Million | +130.80% |
| 1999-12-31 | $190.60 Million | +18.53% |
| 1998-12-31 | $160.80 Million | +1.20% |
| 1997-12-31 | $158.90 Million | +64.32% |
| 1996-12-31 | $96.70 Million | +251.64% |
| 1995-12-31 | $27.50 Million | +25.57% |
| 1994-12-31 | $21.90 Million | +19.02% |
| 1993-12-31 | $18.40 Million | -- |
About Penn National Gaming Inc
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates a portfolio of casinos, racetracks, and online sports betting; online gaming portfolio, such as theScore Bet, an… Read more