Gaming Realms Balance Sheet Health

Financial Health criteria checks 6/6

Gaming Realms has a total shareholder equity of £28.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £31.9M and £3.8M respectively. Gaming Realms's EBIT is £6.3M making its interest coverage ratio -26.2. It has cash and short-term investments of £9.6M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio-26.2x
CashUK£9.57m
EquityUK£28.08m
Total liabilitiesUK£3.81m
Total assetsUK£31.89m

Recent financial health updates

No updates

Recent updates

Market Participants Recognise Gaming Realms plc's (LON:GMR) Earnings Pushing Shares 31% Higher

May 11
Market Participants Recognise Gaming Realms plc's (LON:GMR) Earnings Pushing Shares 31% Higher

Does Gaming Realms (LON:GMR) Deserve A Spot On Your Watchlist?

May 11
Does Gaming Realms (LON:GMR) Deserve A Spot On Your Watchlist?

Gaming Realms' (LON:GMR) Solid Profits Have Weak Fundamentals

Apr 09
Gaming Realms' (LON:GMR) Solid Profits Have Weak Fundamentals

Is It Too Late To Consider Buying Gaming Realms plc (LON:GMR)?

Aug 28
Is It Too Late To Consider Buying Gaming Realms plc (LON:GMR)?

Gaming Realms plc's (LON:GMR) Price In Tune With Earnings

Jun 19
Gaming Realms plc's (LON:GMR) Price In Tune With Earnings

Is There Now An Opportunity In Gaming Realms plc (LON:GMR)?

Jan 17
Is There Now An Opportunity In Gaming Realms plc (LON:GMR)?

When Should You Buy Gaming Realms plc (LON:GMR)?

Jun 15
When Should You Buy Gaming Realms plc (LON:GMR)?

Is Gaming Realms plc's (LON:GMR) Shareholder Ownership Skewed Towards Insiders?

Feb 11
Is Gaming Realms plc's (LON:GMR) Shareholder Ownership Skewed Towards Insiders?

Have Gaming Realms plc (LON:GMR) Insiders Been Selling Their Stock?

Dec 20
Have Gaming Realms plc (LON:GMR) Insiders Been Selling Their Stock?

Financial Position Analysis

Short Term Liabilities: GMR's short term assets (£15.6M) exceed its short term liabilities (£3.5M).

Long Term Liabilities: GMR's short term assets (£15.6M) exceed its long term liabilities (£321.7K).


Debt to Equity History and Analysis

Debt Level: GMR is debt free.

Reducing Debt: GMR has no debt compared to 5 years ago when its debt to equity ratio was 26.1%.

Debt Coverage: GMR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GMR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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