Bally's Debt-to-EBITDA Ratio Growth & History (BALY)
Bally's's debt-to-ebitda ratio was 417.14 for fiscal 2025.
View full Bally's company overviewBally's annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 417.14 | 376.40 | +923.82% |
| 2024 | 2024-12-31 | 40.74 | 29.60 | +265.71% |
| 2023 | 2023-12-31 | 11.14 | −588.07 | −98.14% |
| 2022 | 2022-12-31 | 599.21 | 582.51 | +3488.26% |
| 2021 | 2021-12-31 | 16.70 | −43.09 | −72.07% |
| 2020 | 2020-12-31 | 59.79 | 55.03 | +1154.40% |
| 2019 | 2019-12-31 | 4.77 | 2.01 | +72.91% |
| 2018 | 2018-12-31 | 2.76 | — | — |
Bally's quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | 40.74 | 29.60 | +265.71% |
| Q2 2024 | 2024-06-30 | 57.39 | 40.51 | +239.91% |
| Q1 2024 | 2024-03-31 | 57.06 | 43.74 | +328.51% |
| Q4 2023 | 2023-12-31 | 11.14 | −588.07 | −98.14% |
| Q3 2023 | 2023-09-30 | 18.01 | 7.93 | +78.71% |
| Q2 2023 | 2023-06-30 | 16.88 | 5.42 | +47.31% |
| Q1 2023 | 2023-03-31 | 13.32 | −0.12 | −0.91% |
| Q4 2022 | 2022-12-31 | 599.21 | 582.51 | +3488.26% |
| Q3 2022 | 2022-09-30 | 10.08 | −5.56 | −35.57% |
| Q2 2022 | 2022-06-30 | 11.46 | 0.76 | +7.08% |
| Q1 2022 | 2022-03-31 | 13.44 | −8.00 | −37.32% |
| Q4 2021 | 2021-12-31 | 16.70 | −43.09 | −72.07% |
| Q3 2021 | 2021-09-30 | 15.64 | 0.43 | +2.81% |
| Q2 2021 | 2021-06-30 | 10.70 | −4.83 | −31.09% |
| Q1 2021 | 2021-03-31 | 21.44 | 13.23 | +161.13% |
| Q4 2020 | 2020-12-31 | 59.79 | 55.03 | +1154.40% |
| Q3 2020 | 2020-09-30 | 15.21 | 10.55 | +226.15% |
| Q2 2020 | 2020-06-30 | 15.53 | 11.02 | +243.88% |
| Q1 2020 | 2020-03-31 | 8.21 | 5.30 | +181.86% |
| Q4 2019 | 2019-12-31 | 4.77 | 2.01 | +72.91% |
| Q3 2019 · Sep 30 | 2019-09-30 | 4.66 | — | — |
| Q2 2019 | 2019-06-30 | 4.52 | — | — |
| Q1 2019 | 2019-03-31 | 2.91 | — | — |
| Q4 2018 | 2018-12-31 | 2.76 | — | — |
Bally's debt-to-ebitda ratio trends
Over the last five fiscal years, Bally's's debt-to-ebitda ratio increased from 59.79 to 417.14, a change of 357.35. The latest reported quarter, Q4 2024, shows 40.74.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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