Las Vegas Sands Corp. (LVS) quarterly balance sheet — complete assets, liabilities & equity history
Las Vegas Sands Corp. (LVS) balance sheet — 26-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 3.82B | 4.3B | 4.27B | 4.83B | 4.15B | 4.26B | 3.72B | 4.29B | 4.83B | 5.33B | 5.56B | 5.78B | 6.17B | 6.29B | 7.01B | 6.74B | 6.21B | 6.77B | 6.72B | 5.51B |
| Cash & Short-Term Investments | 2.86B | 3.38B | 3.33B | 3.84B | 3.48B | 3.45B | 3.04B | 3.65B | 4.21B | 4.71B | 4.96B | 5.11B | 5.57B | 5.77B | 6.53B | 6.31B | 5.84B | 6.45B | 6.43B | 1.85B |
| Cash Only | 2.86B | 3.38B | 3.33B | 3.84B | 3.48B | 3.45B | 3.04B | 3.65B | 4.21B | 4.71B | 4.96B | 5.11B | 5.57B | 5.77B | 6.53B | 6.31B | 5.84B | 6.45B | 6.43B | 1.85B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 664M | 591M | 642M | 742M | 548M | 533M | 435M | 417M | 413M | 436M | 420M | 484M | 390M | 336M | 328M | 222M | 170M | 158M | 147M | 202M |
| Days Sales Outstanding | 17.95 | 17.79 | 17.37 | 16.26 | 14.93 | 13.87 | 13.4 | 13.18 | 14.56 | 14.11 | 13.9 | 13.79 | 11.95 | 11.89 | 11.67 | 16.14 | 15.01 | 13.28 | 16.65 | 16.84 |
| Inventory | 49M | 46M | 46M | 46M | 45M | 40M | 41M | 41M | 41M | 37M | 39M | 38M | 35M | 32M | 28M | 28M | 23M | 24M | 23M | 22M |
| Days Inventory Outstanding | 2.5 | 3.1 | 2.25 | 2.23 | 2.34 | 2.4 | 2.55 | 2.54 | 2.54 | 2.44 | 2.4 | 2.35 | 2.22 | 2.11 | 2.3 | 3.53 | 3.75 | 3.55 | 3.29 | 3.36 |
| Other Current Assets | 0 | 31M | 35M | 203M | 81M | 240M | 209M | 182M | 163M | 148M | 141M | 150M | 173M | 154M | 127M | 45M | 40M | 16M | 16M | 3.32B |
| Total Non-Current Assets | 15.6B | 15.61B | 16.55B | 17.09B | 17.35B | 17.59B | 17.53B | 16.38B | 16.53B | 15.78B | 15.69B | 16B | 15.95B | 15.98B | 15.7B | 15.29B | 15.26B | 15.29B | 15.52B | 14.55B |
| Property, Plant & Equipment | 11.48B | 11.47B | 11.44B | 11.72B | 11.91B | 15B | 14.91B | 13.99B | 14.17B | 13.46B | 13.39B | 13.69B | 13.64B | 13.67B | 13.46B | 13.58B | 13.32B | 13.59B | 13.86B | 14.02B |
| Fixed Asset Turnover | 0.28x | 0.28x | 0.31x | 0.31x | 0.25x | 0.21x | 0.20x | 0.21x | 0.19x | 0.21x | 0.22x | 0.21x | 0.20x | 0.19x | 0.16x | 0.08x | 0.07x | 0.08x | 0.07x | 0.07x |
| Goodwill | 513M | 0 | 0 | 103M | 103M | 103M | 102M | 102M | 0 | 0 | 0 | 103M | 102M | 110M | 0 | 10M | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 529M | 545M | 470M | 489M | 538M | 558M | 443M | 560M | 572M | 584M | 495M | 507M | 521M | 545M | 54M | 62M | 67M | 19M | 19M |
| Long-Term Investments | 0 | 0 | -36M | 1.39B | 1.39B | 1.39B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.46B | 3.46B | 4.41B | 3.25B | 3.3B | 417M | 1.83B | 1.71B | 1.67B | 1.62B | 1.6B | 1.59B | 1.57B | 1.55B | 1.56B | 1.52B | 1.72B | 1.45B | 1.46B | 217M |
| Total Assets | 19.42B | 19.91B | 21.18B | 21.92B | 21.5B | 21.85B | 21.25B | 20.67B | 21.35B | 21.11B | 21.25B | 21.78B | 22.12B | 22.27B | 22.71B | 22.04B | 21.47B | 22.06B | 22.25B | 20.06B |
| Asset Turnover | 0.16x | 0.15x | 0.17x | 0.17x | 0.15x | 0.15x | 0.14x | 0.14x | 0.13x | 0.13x | 0.14x | 0.13x | 0.13x | 0.11x | 0.09x | 0.05x | 0.05x | 0.05x | 0.04x | 0.05x |
| Asset Growth % | -9.69% | -8.88% | -0.33% | 6.07% | 0.69% | 3.49% | 0.01% | -5.11% | -3.48% | -5.2% | -6.47% | -1.18% | 3.05% | 0.96% | 2.1% | 9.87% | 7.93% | 8.25% | 8.31% | -3.59% |
| Total Current Liabilities | 4.62B | 4.31B | 4.49B | 4.22B | 4.67B | 3.5B | 6.25B | 5.8B | 5.35B | 3.37B | 4.27B | 4.42B | 4.1B | 2.27B | 3.92B | 3.9B | 3.39B | 2.02B | 2.14B | 2.56B |
| Accounts Payable | 146M | 150M | 159M | 190M | 168M | 162M | 151M | 164M | 139M | 149M | 156M | 167M | 150M | 135M | 108M | 89M | 91M | 76M | 69M | 77M |
| Days Payables Outstanding | 7.79 | 10.42 | 8.55 | 8.75 | 9.08 | 9.26 | 9.81 | 9.39 | 9.38 | 9.78 | 10.06 | 10.18 | 9.46 | 8.55 | 8.1 | 12.45 | 13.31 | 10.96 | 10.67 | 11.52 |
| Short-Term Debt | 1.57B | 1.57B | 1.82B | 1.15B | 1.92B | 923M | 2.99B | 3.16B | 2.73B | 930M | 2.04B | 1.9B | 1.82B | 71M | 2.02B | 2.03B | 1.51B | 73M | 72M | 74M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 181M | 0 | 0 | 0 | 608M | 0 | 0 | 0 | 543M | 0 | 0 | 0 | 471M | 0 | 0 | 454M | 470M |
| Other Current Liabilities | 0 | 385M | 442M | 1.9B | 191M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 821M |
| Current Ratio | 0.83x | 1.00x | 0.95x | 1.14x | 0.89x | 1.22x | 0.59x | 0.74x | 0.90x | 1.58x | 1.30x | 1.31x | 1.50x | 2.76x | 1.79x | 1.73x | 1.83x | 3.35x | 3.14x | 2.15x |
| Quick Ratio | 0.82x | 0.99x | 0.94x | 1.13x | 0.88x | 1.21x | 0.59x | 0.73x | 0.89x | 1.57x | 1.29x | 1.30x | 1.50x | 2.75x | 1.78x | 1.72x | 1.82x | 3.33x | 3.13x | 2.14x |
| Cash Conversion Cycle | 12.66 | 10.47 | 11.07 | 9.73 | 8.19 | 7.01 | 6.14 | 6.33 | 7.72 | 6.76 | 6.24 | 5.95 | 4.71 | 5.45 | 5.87 | 7.22 | 5.45 | 5.87 | 9.28 | 8.68 |
| Total Non-Current Liabilities | 14.91B | 14.7B | 14.94B | 15.76B | 14.96B | 16.07B | 11.96B | 11.71B | 12.36B | 13.85B | 12.95B | 13.25B | 13.57B | 15.84B | 14.97B | 14.48B | 14.3B | 15.82B | 15.43B | 15.25B |
| Long-Term Debt | 13.88B | 13.69B | 13.9B | 14.68B | 13.85B | 14.9B | 10.86B | 10.59B | 11.28B | 12.81B | 11.91B | 12.13B | 12.58B | 14.85B | 13.97B | 13.95B | 13.78B | 15.31B | 14.9B | 14.72B |
| Capital Lease Obligations | 0 | 0 | 0 | 306M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 157M | 159M | 165M | 291M | 174M | 183M | 185M | 188M | 185M | 173M | 175M | 187M | 150M | 145M | 146M | 152M | 150M | 157M | 164M | 173M |
| Other Non-Current Liabilities | 877M | 848M | 870M | 483M | 938M | 987M | 917M | 925M | 888M | 869M | 864M | 936M | 844M | 842M | 850M | 382M | 368M | 358M | 362M | 352M |
| Total Liabilities | 19.53B | 19.01B | 19.43B | 19.99B | 19.64B | 19.57B | 18.21B | 17.51B | 17.71B | 17.22B | 17.22B | 17.67B | 17.67B | 18.11B | 18.89B | 18.38B | 17.69B | 17.84B | 17.57B | 17.81B |
| Total Debt | 15.44B | 15.26B | 15.72B | 16.14B | 15.77B | 15.82B | 13.85B | 13.75B | 14.01B | 13.74B | 13.96B | 14.03B | 14.39B | 14.92B | 15.99B | 15.98B | 15.29B | 15.38B | 14.98B | 14.79B |
| Net Debt | 12.59B | 11.89B | 12.39B | 12.3B | 12.29B | 12.37B | 10.81B | 10.1B | 9.8B | 9.03B | 9B | 8.92B | 8.82B | 9.15B | 9.46B | 9.67B | 9.46B | 8.93B | 8.55B | 12.94B |
| Debt / Equity | - | 17.01x | 8.99x | 8.34x | 8.45x | 6.93x | 4.57x | 4.35x | 3.84x | 3.53x | 3.47x | 3.42x | 3.23x | 3.59x | 4.18x | 4.37x | 4.04x | 3.65x | 3.20x | 6.58x |
| Debt / EBITDA | 15.78x | 15.43x | 12.01x | 12.83x | 13.33x | 13.28x | 13.89x | 14.24x | 16.62x | 14.92x | 13.25x | 13.26x | 14.17x | 17.78x | 24.01x | 155.13x | 157.66x | 125.03x | - | 104.19x |
| Net Debt / EBITDA | 12.86x | 12.02x | 9.47x | 9.78x | 10.39x | 10.39x | 10.85x | 10.46x | 11.63x | 9.80x | 8.55x | 8.43x | 8.68x | 10.91x | 14.20x | 93.85x | 97.49x | 72.58x | - | 91.13x |
| Interest Coverage | 3.44x | 3.44x | 4.98x | 3.88x | 4.11x | 4.14x | 3.71x | 3.56x | 3.25x | 3.67x | 4.30x | 4.12x | 3.86x | 2.99x | 1.89x | -0.43x | -0.75x | -0.88x | -2.05x | -0.98x |
| Total Equity | -115M | 897M | 1.75B | 1.93B | 1.87B | 2.28B | 3.03B | 3.16B | 3.65B | 3.89B | 4.03B | 4.1B | 4.45B | 4.16B | 3.83B | 3.66B | 3.78B | 4.21B | 4.68B | 2.25B |
| Equity Growth % | -106.16% | -60.69% | -42.3% | -38.8% | -48.81% | -41.4% | -24.65% | -23% | -18.08% | -6.37% | 5.12% | 12.25% | 17.75% | -1.33% | -18.13% | 62.63% | 55.66% | 43.08% | 47.21% | -36.46% |
| Book Value per Share | -0.18 | 1.35 | 2.61 | 2.85 | 2.73 | 3.28 | 4.25 | 4.29 | 4.99 | 5.26 | 5.35 | 5.40 | 5.81 | 5.42 | 5.00 | 4.79 | 4.95 | 5.52 | 6.12 | 2.94 |
| Total Shareholders' Equity | -344M | 581M | 1.2B | 1.59B | 1.57B | 1.99B | 2.7B | 2.88B | 3.43B | 3.75B | 3.95B | 4.12B | 4.55B | 4.33B | 4.06B | 3.88B | 3.9B | 4.19B | 4.53B | 2B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 5.01B | 4.9B | 4.75B | 4.39B | 4.16B | 3.91B | 3.63B | 3.46B | 3.28B | 3.15B | 2.94B | 2.6B | 2.37B | 2.14B | 1.83B | 1.68B | 1.85B | 2.09B | 2.38B | -148M |
| Treasury Stock | -11.53B | -10.57B | -9.77B | -9.03B | -8.53B | -8.02B | -7.21B | -6.76B | -6.3B | -5.85B | -5.45B | -4.99B | -4.48B | -4.48B | -4.48B | -4.48B | -4.48B | -4.48B | -4.48B | -4.48B |
| Accumulated OCI | 61M | 57M | 38M | 71M | 49M | 4M | -24M | -58M | 84M | -53M | -38M | 27M | -57M | -41M | 11M | -7M | -148M | -86M | -29M | -22M |
| Minority Interest | 229M | 316M | 550M | 344M | 296M | 291M | 334M | 276M | 221M | 140M | 72M | -14M | -101M | -171M | -227M | -225M | -119M | 24M | 148M | 252M |