888 Holdings Balance Sheet Health
Financial Health criteria checks 0/6
888 Holdings has a total shareholder equity of £79.9M and total debt of £1.7B, which brings its debt-to-equity ratio to 2079%. Its total assets and total liabilities are £2.7B and £2.7B respectively. 888 Holdings's EBIT is £84.2M making its interest coverage ratio 0.5. It has cash and short-term investments of £256.2M.
Key information
2,079.0%
Debt to equity ratio
UK£1.66b
Debt
Interest coverage ratio | 0.5x |
Cash | UK£256.20m |
Equity | UK£79.90m |
Total liabilities | UK£2.67b |
Total assets | UK£2.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIHD.F's short term assets (£449.1M) do not cover its short term liabilities (£654.1M).
Long Term Liabilities: EIHD.F's short term assets (£449.1M) do not cover its long term liabilities (£2.0B).
Debt to Equity History and Analysis
Debt Level: EIHD.F's net debt to equity ratio (1758.3%) is considered high.
Reducing Debt: EIHD.F's debt to equity ratio has increased from 0% to 2079% over the past 5 years.
Debt Coverage: EIHD.F's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: EIHD.F's interest payments on its debt are not well covered by EBIT (0.5x coverage).