Gambling.com Group Balance Sheet Health
Financial Health criteria checks 6/6
Gambling.com Group has a total shareholder equity of $125.3M and total debt of $24.4M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are $188.5M and $63.2M respectively. Gambling.com Group's EBIT is $35.1M making its interest coverage ratio 46.2. It has cash and short-term investments of $15.9M.
Key information
19.5%
Debt to equity ratio
US$24.45m
Debt
| Interest coverage ratio | 46.2x |
| Cash | US$15.91m |
| Equity | US$125.33m |
| Total liabilities | US$63.20m |
| Total assets | US$188.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6WH's short term assets ($36.4M) exceed its short term liabilities ($35.3M).
Long Term Liabilities: 6WH's short term assets ($36.4M) exceed its long term liabilities ($28.0M).
Debt to Equity History and Analysis
Debt Level: 6WH's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 6WH's debt to equity ratio has reduced from 146.8% to 19.5% over the past 5 years.
Debt Coverage: 6WH's debt is well covered by operating cash flow (126.4%).
Interest Coverage: 6WH's interest payments on its debt are well covered by EBIT (46.2x coverage).