La Française des Jeux Société anonyme Balance Sheet Health
Financial Health criteria checks 4/6
La Française des Jeux Société anonyme has a total shareholder equity of €1.1B and total debt of €432.6M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are €3.8B and €2.7B respectively. La Française des Jeux Société anonyme's EBIT is €524.3M making its interest coverage ratio -98.9. It has cash and short-term investments of €749.7M.
Key information
40.4%
Debt to equity ratio
€432.60m
Debt
Interest coverage ratio | -98.9x |
Cash | €749.70m |
Equity | €1.07b |
Total liabilities | €2.69b |
Total assets | €3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FDJP's short term assets (€1.7B) do not cover its short term liabilities (€2.1B).
Long Term Liabilities: FDJP's short term assets (€1.7B) exceed its long term liabilities (€541.0M).
Debt to Equity History and Analysis
Debt Level: FDJP has more cash than its total debt.
Reducing Debt: FDJP's debt to equity ratio has increased from 19.8% to 40.4% over the past 5 years.
Debt Coverage: FDJP's debt is well covered by operating cash flow (145.4%).
Interest Coverage: FDJP earns more interest than it pays, so coverage of interest payments is not a concern.