888 Holdings Balance Sheet Health
Financial Health criteria checks 0/6
888 Holdings has a total shareholder equity of £79.9M and total debt of £1.7B, which brings its debt-to-equity ratio to 2079%. Its total assets and total liabilities are £2.7B and £2.7B respectively. 888 Holdings's EBIT is £84.2M making its interest coverage ratio 0.5. It has cash and short-term investments of £256.2M.
Key information
2,079.0%
Debt to equity ratio
UK£1.66b
Debt
Interest coverage ratio | 0.5x |
Cash | UK£256.20m |
Equity | UK£79.90m |
Total liabilities | UK£2.67b |
Total assets | UK£2.75b |
Recent financial health updates
No updates
Recent updates
888 Holdings plc (LON:888) Shares Could Be 24% Below Their Intrinsic Value Estimate
Oct 25An Intrinsic Calculation For 888 Holdings plc (LON:888) Suggests It's 24% Undervalued
Jul 10A Look At The Intrinsic Value Of 888 Holdings plc (LON:888)
Apr 11Analysts Just Shipped A Notable Upgrade To Their 888 Holdings plc (LON:888) Estimates
Mar 24Are Robust Financials Driving The Recent Rally In 888 Holdings plc's (LON:888) Stock?
Mar 17Have Insiders Been Selling 888 Holdings plc (LON:888) Shares?
Mar 04Is 888 Holdings plc (LON:888) A Great Dividend Stock?
Feb 19What Percentage Of 888 Holdings plc (LON:888) Shares Do Insiders Own?
Feb 07Should You Be Adding 888 Holdings (LON:888) To Your Watchlist Today?
Jan 26Is 888 Holdings' (LON:888) 102% Share Price Increase Well Justified?
Jan 14Is There More To The Story Than 888 Holdings's (LON:888) Earnings Growth?
Dec 28Is 888 Holdings plc's (LON:888) Latest Stock Performance A Reflection Of Its Financial Health?
Dec 17Are 888 Holdings plc (LON:888) Investors Paying Above The Intrinsic Value?
Dec 05News Flash: Analysts Just Made A Substantial Upgrade To Their 888 Holdings plc (LON:888) Forecasts
Dec 05The CEO & Director of 888 Holdings plc (LON:888), Itai Pazner, Just Sold 27% Of Their Holding
Nov 22Does 888 Holdings plc (LON:888) Have A Place In Your Dividend Portfolio?
Nov 21Financial Position Analysis
Short Term Liabilities: 888's short term assets (£449.1M) do not cover its short term liabilities (£654.1M).
Long Term Liabilities: 888's short term assets (£449.1M) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: 888's net debt to equity ratio (1758.3%) is considered high.
Reducing Debt: 888's debt to equity ratio has increased from 0% to 2079% over the past 5 years.
Debt Coverage: 888's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 888's interest payments on its debt are not well covered by EBIT (0.5x coverage).