Betmakers Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Betmakers Technology Group has a total shareholder equity of A$111.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$150.7M and A$39.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$29.33m |
Equity | AU$111.55m |
Total liabilities | AU$39.10m |
Total assets | AU$150.65m |
Recent financial health updates
Will Betmakers Technology Group (ASX:BET) Spend Its Cash Wisely?
May 30Betmakers Technology Group (ASX:BET) Is In A Strong Position To Grow Its Business
Jun 01We Think Betmakers Technology Group (ASX:BET) Can Easily Afford To Drive Business Growth
Feb 11Recent updates
Take Care Before Jumping Onto Betmakers Technology Group Ltd (ASX:BET) Even Though It's 28% Cheaper
Jun 11Will Betmakers Technology Group (ASX:BET) Spend Its Cash Wisely?
May 30Further Upside For Betmakers Technology Group Ltd (ASX:BET) Shares Could Introduce Price Risks After 51% Bounce
Apr 25Investors Holding Back On Betmakers Technology Group Ltd (ASX:BET)
Jan 30Market Cool On Betmakers Technology Group Ltd's (ASX:BET) Earnings Pushing Shares 28% Lower
Jul 03Are Investors Undervaluing Betmakers Technology Group Ltd (ASX:BET) By 35%?
Jan 18Calculating The Intrinsic Value Of Betmakers Technology Group Ltd (ASX:BET)
Sep 28Betmakers Technology Group (ASX:BET) Is In A Strong Position To Grow Its Business
Jun 01This Is Why We Think Betmakers Technology Group Ltd's (ASX:BET) CEO Might Get A Pay Rise Approved By Shareholders
Apr 19Have Insiders Sold Betmakers Technology Group Ltd (ASX:BET) Shares Recently?
Mar 16Analysts Expect Breakeven For Betmakers Technology Group Ltd (ASX:BET) Before Long
Mar 09We Think Betmakers Technology Group (ASX:BET) Can Easily Afford To Drive Business Growth
Feb 11Betmakers Technology Group (ASX:BET) Has Rewarded Shareholders With An Exceptional 427% Total Return On Their Investment
Jan 21Is Betmakers Technology Group Ltd's (ASX:BET) Shareholder Ownership Skewed Towards Insiders?
Jan 04Does Betmakers Technology Group's (ASX:BET) CEO Salary Compare Well With The Performance Of The Company?
Dec 17Betmakers Technology Group Ltd (ASX:BET) Could Be Less Than A Year Away From Profitability
Nov 30Breakeven On The Horizon For Betmakers Technology Group Ltd (ASX:BET)
Aug 17Financial Position Analysis
Short Term Liabilities: BET's short term assets (A$48.9M) exceed its short term liabilities (A$37.2M).
Long Term Liabilities: BET's short term assets (A$48.9M) exceed its long term liabilities (A$1.9M).
Debt to Equity History and Analysis
Debt Level: BET is debt free.
Reducing Debt: BET had no debt 5 years ago.
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 3 years based on its current free cash flow.
Forecast Cash Runway: BET has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 31.7% each year.