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 ratio | n/a |
Cash | AU$36.48m |
Equity | AU$138.32m |
Total liabilities | AU$45.11m |
Total assets | AU$183.44m |
Recent financial health updates
No updates
Recent updates
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.