Lottotech Balance Sheet Health
Financial Health criteria checks 4/6
Lottotech has a total shareholder equity of MUR174.3M and total debt of MUR42.9M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are MUR580.6M and MUR406.3M respectively. Lottotech's EBIT is MUR183.7M making its interest coverage ratio -130.5. It has cash and short-term investments of MUR133.6M.
Key information
24.6%
Debt to equity ratio
MU₨42.94m
Debt
Interest coverage ratio | -130.5x |
Cash | MU₨133.56m |
Equity | MU₨174.31m |
Total liabilities | MU₨406.29m |
Total assets | MU₨580.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOTO.N0000's short term assets (MUR292.8M) do not cover its short term liabilities (MUR363.4M).
Long Term Liabilities: LOTO.N0000's short term assets (MUR292.8M) exceed its long term liabilities (MUR42.9M).
Debt to Equity History and Analysis
Debt Level: LOTO.N0000 has more cash than its total debt.
Reducing Debt: LOTO.N0000's debt to equity ratio has increased from 0% to 24.6% over the past 5 years.
Debt Coverage: LOTO.N0000's debt is well covered by operating cash flow (335%).
Interest Coverage: LOTO.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.