Las Vegas Sands Corp (LVS) - Total Assets
Based on the latest financial reports, Las Vegas Sands Corp (LVS) holds total assets worth $21.92 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. Explore Las Vegas Sands Corp (LVS) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Las Vegas Sands Corp - Total Assets Trend (2000–2025)
This chart illustrates how Las Vegas Sands Corp's total assets have evolved over time, based on quarterly financial data. See Las Vegas Sands Corp shareholders equity for net asset value and shareholders' equity analysis.
Las Vegas Sands Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Las Vegas Sands Corp's total assets of $21.92 Billion consist of 22.0% current assets and 78.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $3.84 Billion | 17.5% |
| Accounts Receivable | $742.00 Million | 3.4% |
| Inventory | $46.00 Million | 0.2% |
| Property, Plant & Equipment | $14.62 Billion | 66.7% |
| Intangible Assets | $470.00 Million | 2.1% |
| Goodwill | $103.00 Million | 0.5% |
Asset Composition Trend (2000–2025)
This chart illustrates how Las Vegas Sands Corp'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 Las Vegas Sands Corp market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Las Vegas Sands Corp's current assets represent 22.0% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 17.5% of total assets in 2025, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 66.7% of total assets.
Las Vegas Sands Corp Competitors by Total Assets
Key competitors of Las Vegas Sands Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Boyd Gaming Corporation
NYSE:BYD
|
USA | $6.61 Billion |
|
Petrokent Turizm AS
IS:PKENT
|
Turkey | TL2.09 Billion |
|
Lotte Tour Dev
KO:032350
|
Korea | ₩2.17 Trillion |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
Turkey | TL6.75 Billion |
|
Soc Franc Casinos
PA:SFCA
|
France | €22.39 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 |
Las Vegas Sands Corp - 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 | 1.14 | 0.74 | 2.28 |
| Quick Ratio | 1.13 | 0.73 | 2.27 |
| Cash Ratio | 0.91 | 0.63 | 0.00 |
| Working Capital | $610.00 Million | $-1.51 Billion | $3.17 Billion |
Las Vegas Sands Corp - Advanced Valuation Insights
This section examines the relationship between Las Vegas Sands Corp'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 | 22.96 |
| Latest Market Cap to Assets Ratio | 1.51 |
| Asset Growth Rate (YoY) | 6.1% |
| Total Assets | $21.92 Billion |
| Market Capitalization | $33.09 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Las Vegas Sands Corp's assets above their book value (1.51x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Las Vegas Sands Corp's assets grew by 6.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Las Vegas Sands Corp (2000–2025)
The table below shows the annual total assets of Las Vegas Sands Corp from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $21.92 Billion | +6.07% |
| 2024-12-31 | $20.67 Billion | -5.11% |
| 2023-12-31 | $21.78 Billion | -1.18% |
| 2022-12-31 | $22.04 Billion | +9.87% |
| 2021-12-31 | $20.06 Billion | -3.59% |
| 2020-12-31 | $20.81 Billion | -10.31% |
| 2019-12-31 | $23.20 Billion | +2.89% |
| 2018-12-31 | $22.55 Billion | +8.99% |
| 2017-12-31 | $20.69 Billion | +1.07% |
| 2016-12-31 | $20.47 Billion | -1.89% |
| 2015-12-31 | $20.86 Billion | -6.67% |
| 2014-12-31 | $22.35 Billion | -1.63% |
| 2013-12-31 | $22.72 Billion | +2.53% |
| 2012-12-31 | $22.16 Billion | -0.36% |
| 2011-12-31 | $22.24 Billion | +5.70% |
| 2010-12-31 | $21.04 Billion | +2.30% |
| 2009-12-31 | $20.57 Billion | +20.00% |
| 2008-12-31 | $17.14 Billion | +49.51% |
| 2007-12-31 | $11.47 Billion | +60.90% |
| 2006-12-31 | $7.13 Billion | +83.68% |
| 2005-12-31 | $3.88 Billion | +7.73% |
| 2004-12-31 | $3.60 Billion | +87.87% |
| 2003-12-31 | $1.92 Billion | +19.31% |
| 2002-12-31 | $1.61 Billion | +17.84% |
| 2001-12-31 | $1.36 Billion | +2.75% |
| 2000-12-31 | $1.33 Billion | -- |
About Las Vegas Sands Corp
Las Vegas Sands Corp., together with its subsidiaries, owns, develops, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, and The Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company's integrated resorts fe… Read more