Games Global Balance Sheet Health
Financial Health criteria checks 6/6
Games Global has a total shareholder equity of €352.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €433.9M and €81.9M respectively. Games Global's EBIT is €111.6M making its interest coverage ratio 73.8. It has cash and short-term investments of €55.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 73.8x |
| Cash | €55.48m |
| Equity | €352.05m |
| Total liabilities | €81.90m |
| Total assets | €433.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGL's short term assets (€186.9M) exceed its short term liabilities (€72.1M).
Long Term Liabilities: GGL's short term assets (€186.9M) exceed its long term liabilities (€9.8M).
Debt to Equity History and Analysis
Debt Level: GGL is debt free.
Reducing Debt: GGL has not had any debt for past 5 years.
Debt Coverage: GGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GGL has no debt, therefore coverage of interest payments is not a concern.