Century Casinos Balance Sheet Health
Financial Health criteria checks 1/6
Century Casinos has a total shareholder equity of $198.9M and total debt of $983.3M, which brings its debt-to-equity ratio to 494.3%. Its total assets and total liabilities are $1.3B and $1.1B respectively. Century Casinos's EBIT is $57.2M making its interest coverage ratio 0.6. It has cash and short-term investments of $136.5M.
Key information
494.3%
Debt to equity ratio
US$983.31m
Debt
Interest coverage ratio | 0.6x |
Cash | US$136.54m |
Equity | US$198.95m |
Total liabilities | US$1.14b |
Total assets | US$1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNT's short term assets ($176.1M) exceed its short term liabilities ($85.3M).
Long Term Liabilities: CNT's short term assets ($176.1M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CNT's net debt to equity ratio (425.6%) is considered high.
Reducing Debt: CNT's debt to equity ratio has increased from 28.5% to 494.3% 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: Insufficient data to determine if CNT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CNT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.