Lottery Balance Sheet Health
Financial Health criteria checks 2/6
Lottery has a total shareholder equity of A$363.1M and total debt of A$2.4B, which brings its debt-to-equity ratio to 661%. Its total assets and total liabilities are A$4.4B and A$4.0B respectively. Lottery's EBIT is A$714.5M making its interest coverage ratio 6.3. It has cash and short-term investments of A$517.5M.
Key information
661.0%
Debt to equity ratio
AU$2.40b
Debt
| Interest coverage ratio | 6.3x |
| Cash | AU$517.50m |
| Equity | AU$363.10m |
| Total liabilities | AU$4.00b |
| Total assets | AU$4.36b |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of The Lottery Corporation Limited (ASX:TLC)
Oct 17
Should You Be Adding Lottery (ASX:TLC) To Your Watchlist Today?
Sep 20Lottery (ASX:TLC) Is Increasing Its Dividend To A$0.105
Aug 24The Lottery Corporation Limited (ASX:TLC) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates
Aug 23Returns On Capital At Lottery (ASX:TLC) Have Stalled
Jul 29Lottery (ASX:TLC) Has Some Way To Go To Become A Multi-Bagger
Apr 03The 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$706.3M) do not cover its short term liabilities (A$1.0B).
Long Term Liabilities: TLC's short term assets (A$706.3M) do not cover its long term liabilities (A$3.0B).
Debt to Equity History and Analysis
Debt Level: TLC's net debt to equity ratio (518.5%) 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 well covered by operating cash flow (20.5%).
Interest Coverage: TLC's interest payments on its debt are well covered by EBIT (6.3x coverage).