Lottery Balance Sheet Health
Financial Health criteria checks 1/6
Lottery has a total shareholder equity of A$348.3M and total debt of A$2.5B, which brings its debt-to-equity ratio to 730.9%. Its total assets and total liabilities are A$4.7B and A$4.3B respectively. Lottery's EBIT is A$600.4M making its interest coverage ratio 5.3. It has cash and short-term investments of A$923.7M.
Key information
730.9%
Debt to equity ratio
AU$2.55b
Debt
| Interest coverage ratio | 5.3x |
| Cash | AU$923.70m |
| Equity | AU$348.30m |
| Total liabilities | AU$4.31b |
| Total assets | AU$4.66b |
Recent financial health updates
No updates
Recent updates
Lottery (ASX:TLC) Has Some Way To Go To Become A Multi-Bagger
Apr 03
The Lottery Corporation Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Aug 26A Look At The Intrinsic Value Of The Lottery Corporation Limited (ASX:TLC)
Aug 23Return Trends At Lottery (ASX:TLC) Aren't Appealing
May 31The Strong Earnings Posted By Lottery (ASX:TLC) Are A Good Indication Of The Strength Of The Business
Mar 01Is The Lottery Corporation Limited (ASX:TLC) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 09The Lottery Corporation Limited's (ASX:TLC) Intrinsic Value Is Potentially 27% Above Its Share Price
Aug 25Financial Position Analysis
Short Term Liabilities: TLC's short term assets (A$1.2B) do not cover its short term liabilities (A$1.2B).
Long Term Liabilities: TLC's short term assets (A$1.2B) do not cover its long term liabilities (A$3.1B).
Debt to Equity History and Analysis
Debt Level: TLC's net debt to equity ratio (465.7%) is considered high.
Reducing Debt: Insufficient data to determine if TLC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TLC's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: TLC's interest payments on its debt are well covered by EBIT (5.3x coverage).