Troika Media Group Balance Sheet Health
Financial Health criteria checks 3/6
Troika Media Group has a total shareholder equity of $25.8M and total debt of $66.1M, which brings its debt-to-equity ratio to 256.1%. Its total assets and total liabilities are $163.8M and $138.0M respectively. Troika Media Group's EBIT is $6.2M making its interest coverage ratio 0.4. It has cash and short-term investments of $24.9M.
Key information
256.1%
Debt to equity ratio
US$66.07m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$24.90m |
| Equity | US$25.80m |
| Total liabilities | US$137.99m |
| Total assets | US$163.78m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IJ2's short term assets ($51.7M) do not cover its short term liabilities ($66.6M).
Long Term Liabilities: IJ2's short term assets ($51.7M) do not cover its long term liabilities ($71.4M).
Debt to Equity History and Analysis
Debt Level: IJ2's net debt to equity ratio (159.6%) is considered high.
Reducing Debt: IJ2 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: IJ2 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IJ2 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 6% each year