Flutter Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Flutter Entertainment has a total shareholder equity of £10.2B and total debt of £5.4B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are £19.3B and £9.2B respectively. Flutter Entertainment's EBIT is £294.6M making its interest coverage ratio 1.2. It has cash and short-term investments of £1.7B.
Key information
53.3%
Debt to equity ratio
UK£5.42b
Debt
Interest coverage ratio | 1.2x |
Cash | UK£1.69b |
Equity | UK£10.15b |
Total liabilities | UK£9.17b |
Total assets | UK£19.32b |
Recent financial health updates
Recent updates
Flutter Entertainment plc (ISE:FLTR) Shares Could Be 21% Below Their Intrinsic Value Estimate
Oct 11Should You Think About Buying Flutter Entertainment plc (ISE:FLTR) Now?
Jun 28Calculating The Fair Value Of Flutter Entertainment plc (ISE:FLTR)
Apr 02Flutter Entertainment (ISE:FLTR) Shareholders Booked A 68% Gain In The Last Three Years
Feb 21Should You Use Flutter Entertainment's (ISE:FLTR) Statutory Earnings To Analyse It?
Jan 19Is Flutter Entertainment plc (ISE:FLTR) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 14Here's What Flutter Entertainment plc's (ISE:FLTR) Shareholder Ownership Structure Looks Like
Nov 23Financial Position Analysis
Short Term Liabilities: FLTR's short term assets (£2.2B) do not cover its short term liabilities (£2.7B).
Long Term Liabilities: FLTR's short term assets (£2.2B) do not cover its long term liabilities (£6.5B).
Debt to Equity History and Analysis
Debt Level: FLTR's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: FLTR's debt to equity ratio has increased from 4% to 53.3% over the past 5 years.
Debt Coverage: FLTR's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: FLTR's interest payments on its debt are not well covered by EBIT (1.2x coverage).