Playtech Balance Sheet Health
Financial Health criteria checks 6/6
Playtech has a total shareholder equity of €1.8B and total debt of €646.7M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are €3.4B and €1.6B respectively. Playtech's EBIT is €225.7M making its interest coverage ratio 10.7. It has cash and short-term investments of €569.5M.
Key information
35.5%
Debt to equity ratio
€646.70m
Debt
| Interest coverage ratio | 10.7x |
| Cash | €569.50m |
| Equity | €1.82b |
| Total liabilities | €1.55b |
| Total assets | €3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PL8's short term assets (€990.8M) exceed its short term liabilities (€641.0M).
Long Term Liabilities: PL8's short term assets (€990.8M) exceed its long term liabilities (€910.7M).
Debt to Equity History and Analysis
Debt Level: PL8's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: PL8's debt to equity ratio has reduced from 90.2% to 35.5% over the past 5 years.
Debt Coverage: PL8's debt is well covered by operating cash flow (46.7%).
Interest Coverage: PL8's interest payments on its debt are well covered by EBIT (10.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 19:47 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Playtech plc is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Barron | Berenberg |
| Roberta Ciaccia | BNP Paribas Exane |
| Kiranjot Grewal | BofA Global Research |