Bally's Corporation (BALY) Financial Statements (2024 and earlier)

Company Profile

Business Address 100 WESTMINSTER STREET
PROVIDENCE, RI 02903
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7011 - Hotels and Motels (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments212,515206,193123,445182,581
Cash and cash equivalents212,515206,193123,445182,581
Restricted cash and investments52,66968,6473,1102,921
Receivables71,67348,17814,79823,190
Inventory, net of allowances, customer advances and progress billings14,19111,4899,2967,900
Inventory14,19111,4899,2967,900
Derivative instruments and hedges, assets    
Disposal group, including discontinued operation17,177   
Deposits current assets 8,748  
Other current assets10,2914,179  
Other undisclosed current assets144,197219,753138,30628,439
Total current assets:522,713567,187288,955245,031
Noncurrent Assets
Operating lease, right-of-use asset808,926507,84336,11217,225
Property, plant and equipment1,202,102838,651749,029510,436
Intangible assets, net (including goodwill)3,708,1404,600,605850,374243,455
Goodwill1,746,2022,122,653186,979133,082
Intangible assets, net (excluding goodwill)1,961,9382,477,952663,395110,373
Deferred income tax assets25,54411,922  
Other noncurrent assets32,68827,0095,3855,740
Total noncurrent assets:5,777,4005,986,0301,640,900776,856
TOTAL ASSETS:6,300,1136,553,2171,929,8551,021,887
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities644,002526,176135,92485,770
Taxes payable37,208  
Accounts payable70,07187,54015,86914,921
Accrued liabilities573,931401,428120,05570,849
Deferred revenue62,258   
Debt19,45019,4505,7504,014
Disposal group, including discontinued operation3,409   
Other undisclosed current liabilities26,68324,5061,520 
Total current liabilities:755,802570,132143,19489,784
Noncurrent Liabilities
Long-term debt and lease obligation3,669,1053,933,2521,156,130696,815
Long-term debt, excluding current maturities3,469,1053,426,7771,094,105680,601
Finance lease, liability200,000   
Liabilities, other than long-term debt960,952230,12459,95315,189
Deferred income tax liabilities138,017214,46736,98313,790
Liability, pension and other postretirement and postemployment benefits 1,8004,6009,200 
Other liabilities17,92311,05713,7701,399
Operating lease, liability803,212506,47562,02516,214
Other undisclosed noncurrent liabilities108,007203,907243,9808,688
Total noncurrent liabilities:4,738,0644,367,2831,460,063720,692
Total liabilities:5,493,8664,937,4151,603,257810,476
Equity
Equity, attributable to parent805,8191,612,042326,598211,411
Common stock466530307412
Treasury stock, value  (29,166) (223,075)
Additional paid in capital1,636,3661,849,068294,643185,544
Accumulated other comprehensive loss(295,640)(26,809)(3,144)(1,888)
Retained earnings (accumulated deficit)(535,373)(181,581)34,792250,418
Equity, attributable to noncontrolling interest4283,760  
Total equity:806,2471,615,802326,598211,411
TOTAL LIABILITIES AND EQUITY:6,300,1136,553,2171,929,8551,021,887

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues2,255,7051,322,443372,792523,577
Cost of revenue(1,009,236)(493,951)(139,317)(171,486)
Gross profit:1,246,469828,492233,475352,091
Operating expenses(1,539,477)(735,110)(251,861)(237,465)
Operating income (loss):(293,008)93,382(18,386)114,626
Nonoperating income (expense)46,692(6,304)64,4832,087
Investment income, nonoperating  25,09164,4831,904
Loss, foreign currency transaction, before tax  (33,461)  
Other nonoperating income46,6922,066 183
Interest and debt expense(208,153)(223,181)(63,248)(41,533)
Income (loss) from continuing operations before equity method investments, income taxes:(454,469)(136,103)(17,151)75,180
Other undisclosed income (loss) from continuing operations before income taxes 17,029(57,660) 
Income (loss) from continuing operations before income taxes:(454,469)(119,074)(74,811)75,180
Income tax expense (benefit)28,9234,37769,324(20,050)
Income (loss) from continuing operations:(425,546)(114,697)(5,487)55,130
Income (loss) before gain (loss) on sale of properties:(114,697)(5,487)55,130
Net income (loss) available to common stockholders, diluted:(425,546)(114,697)(5,487)55,130

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(425,546)(114,697)(5,487)55,130
Other comprehensive loss (268,831)(23,665)(1,256)(1,888)
Other undisclosed comprehensive loss    
Comprehensive income (loss):(694,377)(138,362)(6,743)53,242
Other undisclosed comprehensive income, net of tax, attributable to parent    
Comprehensive income (loss), net of tax, attributable to parent:(694,377)(138,362)(6,743)53,242

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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