Bally's Debt-to-Equity Ratio Growth & History (BALY)
Bally's's debt-to-equity ratio was 6.47 for fiscal 2025.
View full Bally's company overviewBally's annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 6.47 | −153.36 | −95.95% |
| 2024 | 2024-12-31 | 159.82 | 151.85 | +1905.95% |
| 2023 | 2023-12-31 | 7.97 | 2.35 | +41.89% |
| 2022 | 2022-12-31 | 5.61 | 3.15 | +127.59% |
| 2021 | 2021-12-31 | 2.47 | −1.09 | −30.74% |
| 2020 | 2020-12-31 | 3.56 | 0.25 | +7.46% |
| 2019 | 2019-12-31 | 3.31 | 2.00 | +151.16% |
| 2018 | 2018-12-31 | 1.32 | — | — |
Bally's quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.70 | 1.65 | +18.29% |
| Q1 2026 | 2026-03-31 | 8.63 | 1.66 | +23.81% |
| Q4 2025 | 2025-12-31 | 6.47 | −153.36 | −95.95% |
| Q3 2025 | 2025-09-30 | 10.79 | −10.80 | −50.01% |
| Q2 2025 | 2025-06-30 | 9.04 | −3.82 | −29.68% |
| Q1 2025 | 2025-03-31 | 6.97 | −4.32 | −38.30% |
| Q4 2024 | 2024-12-31 | 159.82 | 151.85 | +1905.95% |
| Q3 2024 | 2024-09-30 | 21.59 | 16.17 | +298.48% |
| Q2 2024 | 2024-06-30 | 12.86 | 8.27 | +180.07% |
| Q1 2024 | 2024-03-31 | 11.29 | 6.63 | +142.23% |
| Q4 2023 | 2023-12-31 | 7.97 | 2.35 | +41.89% |
| Q3 2023 | 2023-09-30 | 5.42 | 1.52 | +39.16% |
| Q2 2023 | 2023-06-30 | 4.59 | 1.75 | +61.36% |
| Q1 2023 | 2023-03-31 | 4.66 | 2.08 | +80.52% |
| Q4 2022 | 2022-12-31 | 5.61 | 3.15 | +127.59% |
| Q3 2022 | 2022-09-30 | 3.89 | 1.55 | +66.12% |
| Q2 2022 | 2022-06-30 | 2.85 | 1.48 | +108.96% |
| Q1 2022 | 2022-03-31 | 2.58 | −0.05 | −2.06% |
| Q4 2021 | 2021-12-31 | 2.47 | −1.09 | −30.74% |
| Q3 2021 | 2021-09-30 | 2.34 | −4.03 | −63.21% |
| Q2 2021 | 2021-06-30 | 1.36 | −5.15 | −79.08% |
| Q1 2021 | 2021-03-31 | 2.64 | −2.92 | −52.56% |
| Q4 2020 | 2020-12-31 | 3.56 | 0.25 | +7.46% |
| Q3 2020 | 2020-09-30 | 6.37 | 3.70 | +138.55% |
| Q2 2020 | 2020-06-30 | 6.51 | 4.83 | +287.00% |
| Q1 2020 | 2020-03-31 | 5.56 | 4.47 | +412.38% |
| Q4 2019 | 2019-12-31 | 3.31 | 2.00 | +151.16% |
| Q3 2019 · Sep 30 | 2019-09-30 | 2.67 | — | — |
| Q2 2019 | 2019-06-30 | 1.68 | — | — |
| Q1 2019 | 2019-03-31 | 1.08 | — | — |
| Q4 2018 | 2018-12-31 | 1.32 | — | — |
Bally's debt-to-equity ratio trends
Over the last five fiscal years, Bally's's debt-to-equity ratio increased from 3.56 to 6.47, a change of 2.90. The latest reported quarter, Q2 2026, shows 10.70.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bally's source filings ↗