Better Collective Balance Sheet Health
Financial Health criteria checks 3/6
Better Collective has a total shareholder equity of €435.3M and total debt of €363.0M, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are €937.9M and €502.6M respectively. Better Collective's EBIT is €82.8M making its interest coverage ratio 6.7. It has cash and short-term investments of €50.4M.
Key information
83.4%
Debt to equity ratio
€363.04m
Debt
| Interest coverage ratio | 6.7x |
| Cash | €50.36m |
| Equity | €435.27m |
| Total liabilities | €502.59m |
| Total assets | €937.86m |
Recent financial health updates
Is Better Collective (STO:BETCO) A Risky Investment?
Feb 05
Better Collective (STO:BETCO) Has A Pretty Healthy Balance Sheet
Sep 26We Think Better Collective (STO:BETCO) Can Stay On Top Of Its Debt
May 20We Think Better Collective (STO:BETCO) Can Stay On Top Of Its Debt
Nov 12We Think Better Collective (STO:BETCO) Can Stay On Top Of Its Debt
Jul 22Is Better Collective (STO:BETCO) Using Too Much Debt?
Apr 12Recent updates
Why We Think Better Collective A/S' (STO:BETCO) CEO Compensation Is Not Excessive At All
Apr 16Market Participants Recognise Better Collective A/S' (STO:BETCO) Earnings Pushing Shares 26% Higher
Feb 14Is Better Collective (STO:BETCO) A Risky Investment?
Feb 05An Intrinsic Calculation For Better Collective A/S (STO:BETCO) Suggests It's 41% Undervalued
Jan 23Here's Why We Think Better Collective (STO:BETCO) Is Well Worth Watching
Dec 18Should You Think About Buying Better Collective A/S (STO:BETCO) Now?
Nov 06Better Collective (STO:BETCO) Has A Pretty Healthy Balance Sheet
Sep 26Should You Think About Buying Better Collective A/S (STO:BETCO) Now?
Aug 01Is Now The Time To Put Better Collective (STO:BETCO) On Your Watchlist?
Jul 14We Think Better Collective (STO:BETCO) Can Stay On Top Of Its Debt
May 20Are Investors Undervaluing Better Collective A/S (STO:BETCO) By 48%?
Apr 02Is Better Collective A/S (STO:BETCO) Potentially Undervalued?
Jan 24Here's Why Better Collective (STO:BETCO) Has Caught The Eye Of Investors
Jan 05We Think Better Collective (STO:BETCO) Can Stay On Top Of Its Debt
Nov 12What Does Better Collective A/S's (STO:BETCO) Share Price Indicate?
Oct 22Better Collective A/S (STO:BETCO) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Aug 27Should You Be Adding Better Collective (STO:BETCO) To Your Watchlist Today?
Aug 25We Think Better Collective (STO:BETCO) Can Stay On Top Of Its Debt
Jul 22Is Better Collective (STO:BETCO) Using Too Much Debt?
Apr 12Should You Think About Buying Better Collective A/S (STO:BETCO) Now?
Mar 07Better Collective (STO:BETCO) Seems To Use Debt Quite Sensibly
Jan 03We Think You Can Look Beyond Better Collective's (STO:BETCO) Lackluster Earnings
Nov 24Is Now The Time To Put Better Collective (STO:BETCO) On Your Watchlist?
Oct 22Should You Think About Buying Better Collective A/S (STO:BETCO) Now?
Sep 23Financial Position Analysis
Short Term Liabilities: BETCO's short term assets (€105.8M) exceed its short term liabilities (€103.5M).
Long Term Liabilities: BETCO's short term assets (€105.8M) do not cover its long term liabilities (€399.1M).
Debt to Equity History and Analysis
Debt Level: BETCO's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: BETCO's debt to equity ratio has increased from 44.5% to 83.4% over the past 5 years.
Debt Coverage: BETCO's debt is well covered by operating cash flow (24.5%).
Interest Coverage: BETCO's interest payments on its debt are well covered by EBIT (6.7x coverage).