Everi Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Everi Holdings has a total shareholder equity of $226.1M and total debt of $974.5M, which brings its debt-to-equity ratio to 430.9%. Its total assets and total liabilities are $2.1B and $1.9B respectively. Everi Holdings's EBIT is $191.1M making its interest coverage ratio 2.5. It has cash and short-term investments of $277.7M.
Key information
430.9%
Debt to equity ratio
US$974.47m
Debt
Interest coverage ratio | 2.5x |
Cash | US$277.75m |
Equity | US$226.14m |
Total liabilities | US$1.90b |
Total assets | US$2.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G2C's short term assets ($931.5M) exceed its short term liabilities ($884.5M).
Long Term Liabilities: G2C's short term assets ($931.5M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: G2C's net debt to equity ratio (308.1%) is considered high.
Reducing Debt: G2C had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: G2C's debt is well covered by operating cash flow (30%).
Interest Coverage: G2C's interest payments on its debt are not well covered by EBIT (2.5x coverage).