Entain Balance Sheet Health
Financial Health criteria checks 2/6
Entain has a total shareholder equity of £2.8B and total debt of £3.5B, which brings its debt-to-equity ratio to 124.4%. Its total assets and total liabilities are £10.9B and £8.1B respectively. Entain's EBIT is £430.1M making its interest coverage ratio 1.9. It has cash and short-term investments of £400.6M.
Key information
124.4%
Debt to equity ratio
UK£3.48b
Debt
Interest coverage ratio | 1.9x |
Cash | UK£400.60m |
Equity | UK£2.79b |
Total liabilities | UK£8.06b |
Total assets | UK£10.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMVH.F's short term assets (£1.0B) do not cover its short term liabilities (£1.8B).
Long Term Liabilities: GMVH.F's short term assets (£1.0B) do not cover its long term liabilities (£6.3B).
Debt to Equity History and Analysis
Debt Level: GMVH.F's net debt to equity ratio (110.1%) is considered high.
Reducing Debt: GMVH.F's debt to equity ratio has increased from 64.1% to 124.4% over the past 5 years.
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 GMVH.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GMVH.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.7% per year.