La Française des Jeux Société anonyme Balance Sheet Health
Financial Health criteria checks 5/6
La Française des Jeux Société anonyme has a total shareholder equity of €1.0B and total debt of €386.0M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are €3.4B and €2.4B respectively. La Française des Jeux Société anonyme's EBIT is €569.7M making its interest coverage ratio -60.6. It has cash and short-term investments of €770.1M.
Key information
38.3%
Debt to equity ratio
€386.00m
Debt
| Interest coverage ratio | -60.6x |
| Cash | €770.10m |
| Equity | €1.01b |
| Total liabilities | €2.40b |
| Total assets | €3.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFDJ.F's short term assets (€1.4B) do not cover its short term liabilities (€1.9B).
Long Term Liabilities: LFDJ.F's short term assets (€1.4B) exceed its long term liabilities (€526.5M).
Debt to Equity History and Analysis
Debt Level: LFDJ.F has more cash than its total debt.
Reducing Debt: LFDJ.F's debt to equity ratio has reduced from 96.5% to 38.3% over the past 5 years.
Debt Coverage: LFDJ.F's debt is well covered by operating cash flow (166.9%).
Interest Coverage: LFDJ.F earns more interest than it pays, so coverage of interest payments is not a concern.