Betmakers Technology Group Ltd

ASX:BET Stock Report

Market Cap: AU$101.3m

Betmakers Technology Group Balance Sheet Health

Financial Health criteria checks 6/6

Betmakers Technology Group has a total shareholder equity of A$138.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$183.4M and A$45.1M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$36.48m
EquityAU$138.32m
Total liabilitiesAU$45.11m
Total assetsAU$183.44m

Recent financial health updates

Recent updates

Investors Holding Back On Betmakers Technology Group Ltd (ASX:BET)

Jan 30
Investors Holding Back On Betmakers Technology Group Ltd (ASX:BET)

Market Cool On Betmakers Technology Group Ltd's (ASX:BET) Earnings Pushing Shares 28% Lower

Jul 03
Market Cool On Betmakers Technology Group Ltd's (ASX:BET) Earnings Pushing Shares 28% Lower

Are Investors Undervaluing Betmakers Technology Group Ltd (ASX:BET) By 35%?

Jan 18
Are Investors Undervaluing Betmakers Technology Group Ltd (ASX:BET) By 35%?

Calculating The Intrinsic Value Of Betmakers Technology Group Ltd (ASX:BET)

Sep 28
Calculating The Intrinsic Value Of Betmakers Technology Group Ltd (ASX:BET)

Betmakers Technology Group (ASX:BET) Is In A Strong Position To Grow Its Business

Jun 01
Betmakers Technology Group (ASX:BET) Is In A Strong Position To Grow Its Business

This Is Why We Think Betmakers Technology Group Ltd's (ASX:BET) CEO Might Get A Pay Rise Approved By Shareholders

Apr 19
This Is Why We Think Betmakers Technology Group Ltd's (ASX:BET) CEO Might Get A Pay Rise Approved By Shareholders

Have Insiders Sold Betmakers Technology Group Ltd (ASX:BET) Shares Recently?

Mar 16
Have Insiders Sold Betmakers Technology Group Ltd (ASX:BET) Shares Recently?

Analysts Expect Breakeven For Betmakers Technology Group Ltd (ASX:BET) Before Long

Mar 09
Analysts Expect Breakeven For Betmakers Technology Group Ltd (ASX:BET) Before Long

We Think Betmakers Technology Group (ASX:BET) Can Easily Afford To Drive Business Growth

Feb 11
We Think Betmakers Technology Group (ASX:BET) Can Easily Afford To Drive Business Growth

Betmakers Technology Group (ASX:BET) Has Rewarded Shareholders With An Exceptional 427% Total Return On Their Investment

Jan 21
Betmakers Technology Group (ASX:BET) Has Rewarded Shareholders With An Exceptional 427% Total Return On Their Investment

Is Betmakers Technology Group Ltd's (ASX:BET) Shareholder Ownership Skewed Towards Insiders?

Jan 04
Is Betmakers Technology Group Ltd's (ASX:BET) Shareholder Ownership Skewed Towards Insiders?

Does Betmakers Technology Group's (ASX:BET) CEO Salary Compare Well With The Performance Of The Company?

Dec 17
Does Betmakers Technology Group's (ASX:BET) CEO Salary Compare Well With The Performance Of The Company?

Betmakers Technology Group Ltd (ASX:BET) Could Be Less Than A Year Away From Profitability

Nov 30
Betmakers Technology Group Ltd (ASX:BET) Could Be Less Than A Year Away From Profitability

Breakeven On The Horizon For Betmakers Technology Group Ltd (ASX:BET)

Aug 17
Breakeven On The Horizon For Betmakers Technology Group Ltd (ASX:BET)

Financial Position Analysis

Short Term Liabilities: BET's short term assets (A$61.1M) exceed its short term liabilities (A$42.5M).

Long Term Liabilities: BET's short term assets (A$61.1M) exceed its long term liabilities (A$2.7M).


Debt to Equity History and Analysis

Debt Level: BET is debt free.

Reducing Debt: BET has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BET has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BET has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 38.4% each year.


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