Entain Balance Sheet Health
Financial Health criteria checks 2/6
Entain has a total shareholder equity of £2.6B and total debt of £3.8B, which brings its debt-to-equity ratio to 144.5%. Its total assets and total liabilities are £10.9B and £8.3B respectively. Entain's EBIT is £381.2M making its interest coverage ratio 1.3. It has cash and short-term investments of £705.7M.
Key information
144.5%
Debt to equity ratio
UK£3.77b
Debt
| Interest coverage ratio | 1.3x |
| Cash | UK£705.70m |
| Equity | UK£2.61b |
| Total liabilities | UK£8.27b |
| Total assets | UK£10.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6GI0's short term assets (£1.3B) do not cover its short term liabilities (£2.0B).
Long Term Liabilities: 6GI0's short term assets (£1.3B) do not cover its long term liabilities (£6.3B).
Debt to Equity History and Analysis
Debt Level: 6GI0's net debt to equity ratio (117.4%) is considered high.
Reducing Debt: 6GI0's debt to equity ratio has increased from 68.8% to 144.5% over the past 5 years.
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: Whilst unprofitable 6GI0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6GI0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.6% per year.