Lottomatica Group Balance Sheet Health
Financial Health criteria checks 1/6
Lottomatica Group has a total shareholder equity of €505.5M and total debt of €2.0B, which brings its debt-to-equity ratio to 404.4%. Its total assets and total liabilities are €3.3B and €2.8B respectively. Lottomatica Group's EBIT is €343.5M making its interest coverage ratio 1.7. It has cash and short-term investments of €129.2M.
Key information
404.4%
Debt to equity ratio
€2.04b
Debt
| Interest coverage ratio | 1.7x |
| Cash | €129.18m |
| Equity | €505.50m |
| Total liabilities | €2.81b |
| Total assets | €3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LTMCM's short term assets (€369.8M) do not cover its short term liabilities (€596.8M).
Long Term Liabilities: LTMCM's short term assets (€369.8M) do not cover its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: LTMCM's net debt to equity ratio (378.9%) is considered high.
Reducing Debt: Insufficient data to determine if LTMCM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LTMCM's debt is well covered by operating cash flow (21.5%).
Interest Coverage: LTMCM's interest payments on its debt are not well covered by EBIT (1.7x coverage).