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 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 (£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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 23:23 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tribal Group plc is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hai Thang Liao | Canaccord Genuity |
| Andrew Smith | Charles Stanley Securities |
| Fiona Orford-Williams | Edison Investment Research |