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Circus Circus Summary

Circus-Circus Summary

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Title: Circus-Circus Summary

Essay Details:

Subject: Business

Author: Milagros B

Date: February 29, 2016

Level: College

Grade: A

Length: 1 / 235

Essay text:

It states that Circus-Circus can pay off their short run debt with money to spare. Total debt to total asset is also favorable showing that they do not borrow much money that is listed as an asset. Asset turnover, however, is unfavorable. It was not as bad in 1995, but they are only making back about half of what they are spending. This is most likely due to the new aquatic addition they are putting adding. 4. Circus-Circus' stock has been in somewhat of a slump since mid-March when the stock was at 26, but in June of 1998, had plummeted to 16. One of the main reasons for the drop is the rumor that Hilton Hotels has planned a takeover of the business...

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