Playtech Balance Sheet Health

Financial Health criteria checks 5/6

Playtech has a total shareholder equity of €1.8B and total debt of €646.1M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are €3.3B and €1.5B respectively. Playtech's EBIT is €212.1M making its interest coverage ratio 7.9. It has cash and short-term investments of €516.2M.

Key information

35.8%

Debt to equity ratio

€646.10m

Debt

Interest coverage ratio	7.9x
Cash	€516.20m
Equity	€1.81b
Total liabilities	€1.52b
Total assets	€3.33b

Recent financial health updates

No updates

Recent updates

We Think Playtech's (LON:PTEC) Robust Earnings Are Conservative

Apr 04

Why Playtech plc (LON:PTEC) Could Be Worth Watching

Mar 08

Playtech plc (LON:PTEC) Shares Could Be 28% Above Their Intrinsic Value Estimate

Feb 16

Here's Why Shareholders Should Examine Playtech plc's (LON:PTEC) CEO Compensation Package More Closely

May 20

The CEO & Executive Director of Playtech plc (LON:PTEC), Moran Weizer, Just Bought 7.3% More Shares

Mar 20

Could The Playtech plc (LON:PTEC) Ownership Structure Tell Us Something Useful?

Mar 15

Did Playtech's (LON:PTEC) Share Price Deserve to Gain 46%?

Feb 17

Calculating The Intrinsic Value Of Playtech plc (LON:PTEC)

Jan 13

Have Insiders Been Buying Playtech plc (LON:PTEC) Shares This Year?

Dec 23

How Should Investors Feel About Playtech's (LON:PTEC) CEO Remuneration?

Dec 02

Financial Position Analysis

Short Term Liabilities: PTEC's short term assets (€849.9M) exceed its short term liabilities (€598.7M).

Long Term Liabilities: PTEC's short term assets (€849.9M) do not cover its long term liabilities (€920.9M).

Debt to Equity History and Analysis

Debt Level: PTEC's net debt to equity ratio (7.2%) is considered satisfactory.

Reducing Debt: PTEC's debt to equity ratio has reduced from 60.1% to 35.8% over the past 5 years.

Debt Coverage: PTEC's debt is well covered by operating cash flow (56.8%).

Interest Coverage: PTEC's interest payments on its debt are well covered by EBIT (7.9x coverage).

Balance Sheet

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Playtech Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

We Think Playtech's (LON:PTEC) Robust Earnings Are Conservative

Full year 2023 earnings: EPS misses analyst expectations

Why Playtech plc (LON:PTEC) Could Be Worth Watching

Playtech plc (LON:PTEC) Shares Could Be 28% Above Their Intrinsic Value Estimate

Playtech plc (LON:PTEC) Investors Are Less Pessimistic Than Expected

Is It Time To Consider Buying Playtech plc (LON:PTEC)?

Caliplay Issues Legal Proceedings in Mexico Against, Amongst Others, Playtech plc and Some of Its Subsidiaries

Are Investors Undervaluing Playtech plc (LON:PTEC) By 42%?

Less than half of directors are independent

First half 2023 earnings released: EPS: €0.01 (vs €0.24 in 1H 2022)

Now 20% undervalued after recent price drop

Playtech plc Announces Resignation of Ruby Yam as an Independent Non-Executive Director

High number of new directors

CEO & Executive Director recently bought UK£275k worth of stock

Playtech plc Approves Election of Samy Reeb and Chris Mcginnis as Director

Playtech plc Announces Directorate Change

Senior Independent Director recently bought UK£105k worth of stock

Full year 2022 earnings: Revenues exceed analyst expectations

Playtech plc to Report Fiscal Year 2022 Results on Mar 23, 2023

Playtech plc Appoints Samy Reeb to the Board

Less than half of directors are independent

Anna Massion Appoints to Board of Directors of Gaming Realms plc

Playtech plc Announces Board Changes, Effective 28 November 2022

Playtech plc Announces Executive Changes, Effective 28 November 2022

Now 21% undervalued

Consensus EPS estimates increase by 67%

First half 2022 earnings released: EPS: €0.24 (vs €1.35 in 1H 2021)

Consensus EPS estimates increase by 16%

Playtech plc to Report First Half, 2022 Results on Sep 22, 2022

Investor sentiment deteriorated over the past week

Gopher Investments completed the acquisition of Finalto Group Limited from Playtech plc (LSE:PTEC).

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Playtech plc, Annual General Meeting, Jun 30, 2022

Less than half of directors are independent

Playtech plc to Report Fiscal Year 2021 Results on Mar 24, 2022

TTB Intends to Bid for Playtech

Aristocrat Leisure Limited (ASX:ALL) cancelled the acquisition of Playtech plc (LSE:PTEC).

Playtech Responds to Break-Up Rumours Ahead of Aristocrat Takeover Vote

Jordan Reportedly Scraps Pursuit of Playtech

Investor sentiment deteriorated over the past week

Now 33% undervalued after recent price drop

Insider recently bought UK£22m worth of stock

At UK£7.26, Is It Time To Put Playtech plc (LON:PTEC) On Your Watch List?

Insider recently bought UK£35m worth of stock

Insider recently bought UK£3.4m worth of stock

Investor sentiment improved over the past week

Less than half of directors are independent

Senior Independent Director John Jackson has left the company

Independent Non-Executive Director Claire Milne has left the company

First half 2021 earnings released: EPS €1.35 (vs €0.074 loss in 1H 2020)

Gopher Investments Provides Information to the Shareholders

High number of new directors

Gopher Investments made an indicative non-binding conditional offer to acquire Finalto Group Limited from Playtech plc (LSE:PTEC) for $250 million.

Here's Why Shareholders Should Examine Playtech plc's (LON:PTEC) CEO Compensation Package More Closely

The CEO & Executive Director of Playtech plc (LON:PTEC), Moran Weizer, Just Bought 7.3% More Shares

CEO & Executive Director recently bought UK£80k worth of stock

Could The Playtech plc (LON:PTEC) Ownership Structure Tell Us Something Useful?

Full year 2020 earnings released: €0.24 loss per share (vs €0.044 profit in FY 2019)

Revenue and earnings miss expectations

Playtech plc Announces Executive Changes

New 90-day high: UK£5.07

Did Playtech's (LON:PTEC) Share Price Deserve to Gain 46%?

Playtech plc Signs Strategic US Agreement with Greenwood Racing Inc

Playtech in Exclusive Talks with Consortium About the Possible Sale of Finalto

An unknown buyer acquired YoYo Games Limited from Playtech plc (LSE:PTEC) for $10 million.

Calculating The Intrinsic Value Of Playtech plc (LON:PTEC)

Playtech plc to Report Fiscal Year 2020 Results on Mar 11, 2021

New 90-day high: UK£4.40

Have Insiders Been Buying Playtech plc (LON:PTEC) Shares This Year?

New 90-day high: UK£4.17

How Should Investors Feel About Playtech's (LON:PTEC) CEO Remuneration?

New 90-day high: UK£3.96

Golden Matrix Group, Inc. and Playtech plc Announce Collaboration Agreement to Expand Distribution in Esport and Betting Game Markets Worldwide

First half earnings released