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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTSB.F's short term assets (€619.3M) exceed its short term liabilities (€360.4M).
Long Term Liabilities: BTSB.F's short term assets (€619.3M) exceed its long term liabilities (€226.2M).
Debt to Equity History and Analysis
Debt Level: BTSB.F has more cash than its total debt.
Reducing Debt: BTSB.F's debt to equity ratio has reduced from 29.7% to 26.9% over the past 5 years.
Debt Coverage: BTSB.F's debt is well covered by operating cash flow (109.7%).
Interest Coverage: BTSB.F's interest payments on its debt are well covered by EBIT (13.8x coverage).