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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Betsson AB (publ) is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Henrik Bark | ABG Sundal Collier Sponsored |
| Jack Cummings | Berenberg |
| Sharish Aziz | Danske Bank |