Organization of Football Prognostics Balance Sheet Health
Financial Health criteria checks 5/6
Organization of Football Prognostics has a total shareholder equity of €774.8M and total debt of €660.5M, which brings its debt-to-equity ratio to 85.3%. Its total assets and total liabilities are €2.1B and €1.3B respectively. Organization of Football Prognostics's EBIT is €596.5M making its interest coverage ratio 29.7. It has cash and short-term investments of €490.9M.
Key information
85.3%
Debt to equity ratio
€660.55m
Debt
Interest coverage ratio | 29.7x |
Cash | €490.89m |
Equity | €774.76m |
Total liabilities | €1.33b |
Total assets | €2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GF8's short term assets (€679.8M) exceed its short term liabilities (€590.3M).
Long Term Liabilities: GF8's short term assets (€679.8M) do not cover its long term liabilities (€735.0M).
Debt to Equity History and Analysis
Debt Level: GF8's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: GF8's debt to equity ratio has reduced from 85.8% to 85.3% over the past 5 years.
Debt Coverage: GF8's debt is well covered by operating cash flow (79.9%).
Interest Coverage: GF8's interest payments on its debt are well covered by EBIT (29.7x coverage).