Betsson Balance Sheet Health
Financial Health criteria checks 6/6
Betsson has a total shareholder equity of €800.3M and total debt of €215.1M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are €1.4B and €586.6M respectively. Betsson's EBIT is €232.5M making its interest coverage ratio 13.8. It has cash and short-term investments of €337.5M.
Key information
26.9%
Debt to equity ratio
€215.10m
Debt
| Interest coverage ratio | 13.8x |
| Cash | €337.50m |
| Equity | €800.30m |
| Total liabilities | €586.60m |
| Total assets | €1.39b |
Recent financial health updates
Betsson (STO:BETS B) Has A Rock Solid Balance Sheet
Feb 04
Does Betsson (STO:BETS B) Have A Healthy Balance Sheet?
Oct 28Betsson (STO:BETS B) Has A Rock Solid Balance Sheet
Jul 05Does Betsson (STO:BETS B) Have A Healthy Balance Sheet?
Apr 05Is Betsson (STO:BETS B) A Risky Investment?
Feb 28Does Betsson (STO:BETS B) Have A Healthy Balance Sheet?
Oct 13Recent updates
Betsson AB (publ) Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
Jul 23Betsson (STO:BETS B) Looks To Prolong Its Impressive Returns
May 22Increases to Betsson AB (publ)'s (STO:BETS B) CEO Compensation Might Cool off for now
May 01We Ran A Stock Scan For Earnings Growth And Betsson (STO:BETS B) Passed With Ease
Mar 12Betsson (STO:BETS B) Has A Rock Solid Balance Sheet
Feb 04Why Investors Shouldn't Be Surprised By Betsson AB (publ)'s (STO:BETS B) Low P/E
Dec 21Here's Why Betsson (STO:BETS B) Has Caught The Eye Of Investors
Nov 09Does Betsson (STO:BETS B) Have A Healthy Balance Sheet?
Oct 28Investors Shouldn't Overlook Betsson's (STO:BETS B) Impressive Returns On Capital
Sep 06With EPS Growth And More, Betsson (STO:BETS B) Makes An Interesting Case
Jul 18Betsson (STO:BETS B) Has A Rock Solid Balance Sheet
Jul 05Is There Now An Opportunity In Betsson AB (publ) (STO:BETS B)?
Jun 23Here's What To Make Of Betsson's (STO:BETS B) Decelerating Rates Of Return
May 24Does Betsson (STO:BETS B) Have A Healthy Balance Sheet?
Apr 05What Does Betsson AB (publ)'s (STO:BETS B) Share Price Indicate?
Mar 19Here's Why We Think Betsson (STO:BETS B) Is Well Worth Watching
Mar 05There Are Reasons To Feel Uneasy About Betsson's (STO:BETS B) Returns On Capital
Jan 05Returns On Capital At Betsson (STO:BETS B) Have Hit The Brakes
Jun 15Is Betsson (STO:BETS B) A Risky Investment?
Feb 28At kr48.80, Is It Time To Put Betsson AB (STO:BETS B) On Your Watch List?
Jan 27Betsson (STO:BETS B) Looks To Prolong Its Impressive Returns
Nov 23Does Betsson (STO:BETS B) Have A Healthy Balance Sheet?
Oct 13Here's Why I Think Betsson (STO:BETS B) Is An Interesting Stock
Sep 16Financial Position Analysis
Short Term Liabilities: BETS B's short term assets (€619.3M) exceed its short term liabilities (€360.4M).
Long Term Liabilities: BETS B's short term assets (€619.3M) exceed its long term liabilities (€226.2M).
Debt to Equity History and Analysis
Debt Level: BETS B has more cash than its total debt.
Reducing Debt: BETS B's debt to equity ratio has reduced from 29.7% to 26.9% over the past 5 years.
Debt Coverage: BETS B's debt is well covered by operating cash flow (109.7%).
Interest Coverage: BETS B's interest payments on its debt are well covered by EBIT (13.8x coverage).