Teaminvest Private Group Balance Sheet Health
Financial Health criteria checks 6/6
Teaminvest Private Group has a total shareholder equity of A$83.9M and total debt of A$410.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$134.0M and A$50.1M respectively. Teaminvest Private Group's EBIT is A$6.6M making its interest coverage ratio 13.7. It has cash and short-term investments of A$6.4M.
Key information
0.5%
Debt to equity ratio
AU$410.00k
Debt
| Interest coverage ratio | 13.7x |
| Cash | AU$6.40m |
| Equity | AU$83.86m |
| Total liabilities | AU$50.12m |
| Total assets | AU$133.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIP's short term assets (A$40.6M) exceed its short term liabilities (A$28.4M).
Long Term Liabilities: TIP's short term assets (A$40.6M) exceed its long term liabilities (A$21.7M).
Debt to Equity History and Analysis
Debt Level: TIP has more cash than its total debt.
Reducing Debt: TIP's debt to equity ratio has reduced from 4.7% to 0.5% over the past 5 years.
Debt Coverage: TIP's debt is well covered by operating cash flow (1459.3%).
Interest Coverage: TIP's interest payments on its debt are well covered by EBIT (13.7x coverage).