Tribal Group Balance Sheet Health
Financial Health criteria checks 4/6
Tribal Group has a total shareholder equity of £48.5M and total debt of £14.0M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are £113.6M and £65.2M respectively. Tribal Group's EBIT is £8.3M making its interest coverage ratio 9.2. It has cash and short-term investments of £6.8M.
Key information
28.9%
Debt to equity ratio
UK£14.00m
Debt
Interest coverage ratio | 9.2x |
Cash | UK£6.80m |
Equity | UK£48.48m |
Total liabilities | UK£65.16m |
Total assets | UK£113.64m |
Recent financial health updates
Is Tribal Group (LON:TRB) Using Too Much Debt?
Aug 28These 4 Measures Indicate That Tribal Group (LON:TRB) Is Using Debt Extensively
Sep 24Recent updates
Tribal Group (LON:TRB) May Have Issues Allocating Its Capital
Sep 26Is Tribal Group (LON:TRB) Using Too Much Debt?
Aug 28Tribal Group's (LON:TRB) Returns Have Hit A Wall
Dec 02These 4 Measures Indicate That Tribal Group (LON:TRB) Is Using Debt Extensively
Sep 24Here's Why Shareholders May Want To Be Cautious With Increasing Tribal Group plc's (LON:TRB) CEO Pay Packet
Apr 21Tribal Group (LON:TRB) Is Investing Its Capital With Increasing Efficiency
Mar 23Why Tribal Group plc (LON:TRB) Could Be Worth Watching
Mar 02Shareholders of Tribal Group (LON:TRB) Must Be Delighted With Their 384% Total Return
Dec 29An Intrinsic Calculation For Tribal Group plc (LON:TRB) Suggests It's 27% Undervalued
Dec 03Financial Position Analysis
Short Term Liabilities: TRB's short term assets (£27.2M) do not cover its short term liabilities (£46.3M).
Long Term Liabilities: TRB's short term assets (£27.2M) exceed its long term liabilities (£18.9M).
Debt to Equity History and Analysis
Debt Level: TRB's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: TRB's debt to equity ratio has increased from 0% to 28.9% over the past 5 years.
Debt Coverage: TRB's debt is well covered by operating cash flow (59.3%).
Interest Coverage: TRB's interest payments on its debt are well covered by EBIT (9.2x coverage).