Playtech plc

LSE:PTEC Stock Report

Market Cap: UK£2.2b

Playtech Balance Sheet Health

Financial Health criteria checks 6/6

Playtech has a total shareholder equity of €1.8B and total debt of €646.7M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are €3.4B and €1.6B respectively. Playtech's EBIT is €225.7M making its interest coverage ratio 10.7. It has cash and short-term investments of €569.5M.

Key information

35.5%

Debt to equity ratio

€646.70m

Debt

Interest coverage ratio10.7x
Cash€569.50m
Equity€1.82b
Total liabilities€1.55b
Total assets€3.38b

Recent financial health updates

No updates

Recent updates

What Playtech plc's (LON:PTEC) P/S Is Not Telling You

Dec 18
What Playtech plc's (LON:PTEC) P/S Is Not Telling You

Statutory Profit Doesn't Reflect How Good Playtech's (LON:PTEC) Earnings Are

Oct 07
Statutory Profit Doesn't Reflect How Good Playtech's (LON:PTEC) Earnings Are

An Intrinsic Calculation For Playtech plc (LON:PTEC) Suggests It's 32% Undervalued

Sep 10
An Intrinsic Calculation For Playtech plc (LON:PTEC) Suggests It's 32% Undervalued

Should You Think About Buying Playtech plc (LON:PTEC) Now?

Aug 22
Should You Think About Buying Playtech plc (LON:PTEC) Now?

Playtech plc (LON:PTEC) Screens Well But There Might Be A Catch

May 05
Playtech plc (LON:PTEC) Screens Well But There Might Be A Catch

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

Apr 04
We Think Playtech's (LON:PTEC) Robust Earnings Are Conservative

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

Mar 08
Why Playtech plc (LON:PTEC) Could Be Worth Watching

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

Feb 16
Playtech plc (LON:PTEC) Shares Could Be 28% Above Their Intrinsic Value Estimate

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

Jan 25
Playtech plc (LON:PTEC) Investors Are Less Pessimistic Than Expected

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

Nov 03
Is It Time To Consider Buying Playtech plc (LON:PTEC)?

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

Oct 19
Are Investors Undervaluing Playtech plc (LON:PTEC) By 42%?

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

Nov 10
At UK£7.26, Is It Time To Put Playtech plc (LON:PTEC) On Your Watch List?

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

May 20
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

Mar 20
The CEO & Executive Director of Playtech plc (LON:PTEC), Moran Weizer, Just Bought 7.3% More Shares

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

Mar 15
Could The Playtech plc (LON:PTEC) Ownership Structure Tell Us Something Useful?

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

Feb 17
Did Playtech's (LON:PTEC) Share Price Deserve to Gain 46%?

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

Jan 13
Calculating The Intrinsic Value Of Playtech plc (LON:PTEC)

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

Dec 23
Have Insiders Been Buying Playtech plc (LON:PTEC) Shares This Year?

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

Dec 02
How Should Investors Feel About Playtech's (LON:PTEC) CEO Remuneration?

Financial Position Analysis

Short Term Liabilities: PTEC's short term assets (€990.8M) exceed its short term liabilities (€641.0M).

Long Term Liabilities: PTEC's short term assets (€990.8M) exceed its long term liabilities (€910.7M).

Debt to Equity History and Analysis

Debt Level: PTEC's net debt to equity ratio (4.2%) is considered satisfactory.

Reducing Debt: PTEC's debt to equity ratio has reduced from 90.2% to 35.5% over the past 5 years.

Debt Coverage: PTEC's debt is well covered by operating cash flow (46.7%).

Interest Coverage: PTEC's interest payments on its debt are well covered by EBIT (10.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 13:57
End of Day Share Price 2024/12/17 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Playtech plc is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph BarronBerenberg
Roberta CiacciaBNP Paribas Exane
Kiranjot GrewalBofA Global Research