Lottomatica Group Balance Sheet Health
Financial Health criteria checks 1/6
Lottomatica Group has a total shareholder equity of €571.8M and total debt of €2.2B, which brings its debt-to-equity ratio to 383%. Its total assets and total liabilities are €3.3B and €2.7B respectively. Lottomatica Group's EBIT is €325.2M making its interest coverage ratio 1.6. It has cash and short-term investments of €855.0M.
Key information
383.0%
Debt to equity ratio
€2.19b
Debt
| Interest coverage ratio | 1.6x |
| Cash | €855.02m |
| Equity | €571.77m |
| Total liabilities | €2.74b |
| Total assets | €3.31b |
Recent financial health updates
Recent updates
Lottomatica Group S.p.A. Just Missed EPS By 40%: Here's What Analysts Think Will Happen Next
Mar 03
Lottomatica Group (BIT:LTMC) Has A Pretty Healthy Balance Sheet
Feb 08Lottomatica Group S.p.A.'s (BIT:LTMC) Intrinsic Value Is Potentially 63% Above Its Share Price
Dec 07Investors Can Find Comfort In Lottomatica Group's (BIT:LTMC) Earnings Quality
Nov 08Financial Position Analysis
Short Term Liabilities: LTMC's short term assets (€1.1B) exceed its short term liabilities (€580.4M).
Long Term Liabilities: LTMC's short term assets (€1.1B) do not cover its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: LTMC's net debt to equity ratio (233.4%) is considered high.
Reducing Debt: Insufficient data to determine if LTMC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LTMC's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: LTMC's interest payments on its debt are not well covered by EBIT (1.6x coverage).