NeoGames Balance Sheet Health
Financial Health criteria checks 4/6
NeoGames has a total shareholder equity of $135.5M and total debt of $218.0M, which brings its debt-to-equity ratio to 160.9%. Its total assets and total liabilities are $459.4M and $323.9M respectively.
Key information
160.9%
Debt to equity ratio
US$217.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$29.02m |
| Equity | US$135.47m |
| Total liabilities | US$323.91m |
| Total assets | US$459.38m |
Recent financial health updates
No updates
Recent updates
An Intrinsic Calculation For NeoGames S.A. (NASDAQ:NGMS) Suggests It's 44% Undervalued
Feb 03
Neogames signs distribution agreement with Sweden's ATG
Oct 03NeoGames unit partners with SOJOGO, Santa Casa Global on proprietary sportsbook offering
Aug 15NeoGames: A Special Situation That Is Worth Taking A Look At
Jul 26NeoGames (NASDAQ:NGMS) Will Be Hoping To Turn Its Returns On Capital Around
Jul 20Alta Fox Capital - NeoGames: In A Healthy Oligopoly
May 03NeoGames S.A.'s (NASDAQ:NGMS) Intrinsic Value Is Potentially 92% Above Its Share Price
Apr 23There's Been No Shortage Of Growth Recently For NeoGames' (NASDAQ:NGMS) Returns On Capital
Mar 17NeoGames: Acquisition Of Aspire Is Synergistic In Canada And Drives Upside
Feb 09NeoGames Needs To Spark iGaming Growth
Jan 21The Price Is Right For NeoGames S.A. (NASDAQ:NGMS) Even After Diving 25%
Dec 04Returns On Capital At NeoGames (NASDAQ:NGMS) Paint A Concerning Picture
Dec 01NeoGames: A Multibagger In The Making
Jun 13Some Analysts Just Cut Their NeoGames S.A. (NASDAQ:NGMS) Estimates
May 22Taking A Look At NeoGames S.A.'s (NASDAQ:NGMS) ROE
Mar 17Here's Why NeoGames' (NASDAQ:NGMS) Statutory Earnings Are Arguably Too Conservative
Feb 19NeoGames called out as a lottery winner by Macquarie
Dec 14Financial Position Analysis
Short Term Liabilities: NGMS's short term assets ($85.9M) exceed its short term liabilities ($76.2M).
Long Term Liabilities: NGMS's short term assets ($85.9M) do not cover its long term liabilities ($247.7M).
Debt to Equity History and Analysis
Debt Level: NGMS's net debt to equity ratio (139.5%) is considered high.
Reducing Debt: NGMS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NGMS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NGMS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58.5% per year.