CZRCaesars Entertainment, Inc.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$9.8M, 90 days to Oct 8, 2026), selling is often routine.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -90% · now 3% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can CZR take a bad year?
Caesars Entertainment, Inc. carries $10.7B of net debt at 3.30× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.30×
Net debt / EBITDA · 3.00× a year ago · the load is going up
- Altman Z-score
- 0.53
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 3.47×
Debt / equity
Details›
- Total debtQ2 2026
- $11.7B
- Cash and short-term investments
- $965M
- Net debt
- $10.7B
- EBITDA, trailing twelve months
- $3.25B
- Operating profit, trailing twelve months
- $1.86B
- Debt / equity
- 3.47×
- Total debt / EBITDA
- 3.59×
- Annualised volatilitytwo years of daily moves
- 47%
- Worst drawdown on file
- −90%
- Below its 52-week high
- 3.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.