Tribal Group Balance Sheet Health

Financial Health criteria checks 4/6

Tribal Group has a total shareholder equity of £50.0M and total debt of £14.9M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are £112.0M and £62.0M respectively. Tribal Group's EBIT is £7.0M making its interest coverage ratio 4.7. It has cash and short-term investments of £4.9M.

Key information

29.8%

Debt to equity ratio

UK£14.89m

Debt

Interest coverage ratio	4.7x
Cash	UK£4.85m
Equity	UK£49.99m
Total liabilities	UK£62.04m
Total assets	UK£112.02m

Recent financial health updates

Is Tribal Group (LON:TRB) Using Too Much Debt?

Aug 28

These 4 Measures Indicate That Tribal Group (LON:TRB) Is Using Debt Extensively

Sep 24

Recent updates

Here's Why Shareholders May Want To Be Cautious With Increasing Tribal Group plc's (LON:TRB) CEO Pay Packet

Apr 21

Tribal Group (LON:TRB) Is Investing Its Capital With Increasing Efficiency

Mar 23

Why Tribal Group plc (LON:TRB) Could Be Worth Watching

Mar 02

Shareholders of Tribal Group (LON:TRB) Must Be Delighted With Their 384% Total Return

Dec 29

An Intrinsic Calculation For Tribal Group plc (LON:TRB) Suggests It's 27% Undervalued

Dec 03

Financial Position Analysis

Short Term Liabilities: TRB's short term assets (£22.8M) do not cover its short term liabilities (£44.3M).

Long Term Liabilities: TRB's short term assets (£22.8M) exceed its long term liabilities (£17.7M).

Debt to Equity History and Analysis

Debt Level: TRB's net debt to equity ratio (20.1%) is considered satisfactory.

Reducing Debt: TRB's debt to equity ratio has increased from 2.6% to 29.8% over the past 5 years.

Debt Coverage: TRB's debt is well covered by operating cash flow (90.8%).

Interest Coverage: TRB's interest payments on its debt are well covered by EBIT (4.7x coverage).

Tribal Group Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Tiger Bidco 1 to Request London Stock Exchange to Cancel Trading in Tribal Group Shares on AIM on or Shortly After the Effective Date

Is Tribal Group (LON:TRB) Using Too Much Debt?

These 4 Measures Indicate That Tribal Group (LON:TRB) Is Using Debt Extensively

Recent updates

Tribal Group plc Intends to Pay Interim Dividend, Payable on 28 November 2024

Tribal Group plc Intends to Pay Interim Dividend, Payable on 28 November 202

Tribal Group plc to Report First Half, 2024 Results on Aug 20, 2024

Tribal Group plc, Annual General Meeting, May 20, 2024

Tribal Group plc to Report Fiscal Year 2023 Results on Mar 21, 2024

Tribal Group plc Provides Earnings Guidance for the Year Ended 31 December 2023

Tiger Bidco 1 to Request London Stock Exchange to Cancel Trading in Tribal Group Shares on AIM on or Shortly After the Effective Date

Tribal Group (LON:TRB) May Have Issues Allocating Its Capital

Is Tribal Group (LON:TRB) Using Too Much Debt?

First half 2023 earnings released: EPS: UK£0.022 (vs UK£0.007 in 1H 2022)

Tribal Group plc to Report First Half, 2023 Results on Aug 24, 2023

Tribal Group plc, Annual General Meeting, May 30, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Tribal Group's (LON:TRB) Returns Have Hit A Wall

Price target increased to UK£1.34

These 4 Measures Indicate That Tribal Group (LON:TRB) Is Using Debt Extensively

First half 2022 earnings released: EPS: UK£0.007 (vs UK£0.021 in 1H 2021)

Tribal Group plc to Report First Half, 2022 Results on Aug 16, 2022

Upcoming dividend of UK£0.013 per share

Tribal Group plc, Annual General Meeting, May 11, 2022

Price target increased to UK£1.34

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target increased to UK£1.34

First half 2021 earnings released: EPS UK£0.021 (vs UK£0.019 in 1H 2020)

Upcoming dividend of UK£0.012 per share

Chairman of Executive Board exercised options and sold UK£113k worth of stock

Acting Chief Financial Officer has left the company

Here's Why Shareholders May Want To Be Cautious With Increasing Tribal Group plc's (LON:TRB) CEO Pay Packet

Chairman of Executive Board exercised options and sold UK£206k worth of stock

Board Member recently sold UK£1.0m worth of stock

Independent Non-Executive Director has left the company

Tribal Group (LON:TRB) Is Investing Its Capital With Increasing Efficiency

Full year 2020 earnings released

Tribal Group plc Proposes Final Dividend for the Year Ended 31 December 2020, Payable on 29 July 2021

Tribal Group plc Announces Executive Changes

Why Tribal Group plc (LON:TRB) Could Be Worth Watching

New 90-day high: UK£1.00

Tribal Group plc to Report Fiscal Year 2020 Results on Mar 17, 2021

New 90-day high: UK£0.94

King's College London Signs Multi-Year Subscription for Tribal: Cloud Service

Tribal Group plc Signs Significant Eight-Year Contract Worth Up to SGD 30 million with Nanyang Technological University

Shareholders of Tribal Group (LON:TRB) Must Be Delighted With Their 384% Total Return

New 90-day high: UK£0.80

New 90-day high: UK£0.74

An Intrinsic Calculation For Tribal Group plc (LON:TRB) Suggests It's 27% Undervalued

New 90-day high: UK£0.72

Price target raised to UK£0.85

New 90-day high: UK£0.65

Tribal Group plc Signs Contract with Arden University for its SITS:Vision Student Management System

Earnings released

New 90-day low - UK£0.51

New 90-day low - UK£0.54

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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