Betsson Balance Sheet Health
Financial Health criteria checks 6/6
Betsson has a total shareholder equity of €759.2M and total debt of €173.1M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are €1.2B and €440.9M respectively. Betsson's EBIT is €210.6M making its interest coverage ratio 13.4. It has cash and short-term investments of €237.1M.
Key information
22.8%
Debt to equity ratio
€173.10m
Debt
Interest coverage ratio | 13.4x |
Cash | €237.10m |
Equity | €759.20m |
Total liabilities | €440.90m |
Total assets | €1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTSN.Y's short term assets (€434.8M) exceed its short term liabilities (€254.2M).
Long Term Liabilities: BTSN.Y's short term assets (€434.8M) exceed its long term liabilities (€186.7M).
Debt to Equity History and Analysis
Debt Level: BTSN.Y has more cash than its total debt.
Reducing Debt: BTSN.Y's debt to equity ratio has reduced from 23.8% to 22.8% over the past 5 years.
Debt Coverage: BTSN.Y's debt is well covered by operating cash flow (133.1%).
Interest Coverage: BTSN.Y's interest payments on its debt are well covered by EBIT (13.4x coverage).