Team Internet Group Balance Sheet Health
Financial Health criteria checks 3/6
Team Internet Group has a total shareholder equity of $141.9M and total debt of $197.0M, which brings its debt-to-equity ratio to 138.8%. Its total assets and total liabilities are $563.9M and $422.0M respectively. Team Internet Group's EBIT is $51.8M making its interest coverage ratio 3.3. It has cash and short-term investments of $86.2M.
Key information
138.8%
Debt to equity ratio
US$197.00m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$86.20m |
| Equity | US$141.90m |
| Total liabilities | US$422.00m |
| Total assets | US$563.90m |
Recent financial health updates
CentralNic Group (LON:CNIC) Has A Pretty Healthy Balance Sheet
Oct 19
Is CentralNic Group (LON:CNIC) Using Too Much Debt?
Jun 15CentralNic Group (LON:CNIC) Seems To Use Debt Quite Sensibly
May 24Recent updates
Positive Sentiment Still Eludes Team Internet Group plc (LON:TIG) Following 25% Share Price Slump
Aug 24Team Internet Group's (LON:TIG) Strong Earnings Are Of Good Quality
Aug 19Team Internet Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 21CentralNic Group (LON:CNIC) Has A Pretty Healthy Balance Sheet
Oct 19Bullish: Analysts Just Made An Incredible Upgrade To Their CentralNic Group Plc (LON:CNIC) Forecasts
Oct 19Shareholders Will Be Pleased With The Quality of CentralNic Group's (LON:CNIC) Earnings
Sep 08Is CentralNic Group (LON:CNIC) Using Too Much Debt?
Jun 15Rainbows and Unicorns: CentralNic Group Plc (LON:CNIC) Analysts Just Became A Lot More Optimistic
Mar 06CentralNic Group (LON:CNIC) Seems To Use Debt Quite Sensibly
May 24CentralNic Group Plc (LON:CNIC) Just Reported And Analysts Have Been Lifting Their Price Targets
Apr 28CentralNic Group Plc (LON:CNIC) Could Be Less Than A Year Away From Profitability
Mar 29Financial Position Analysis
Short Term Liabilities: TIG's short term assets ($203.6M) exceed its short term liabilities ($189.6M).
Long Term Liabilities: TIG's short term assets ($203.6M) do not cover its long term liabilities ($232.4M).
Debt to Equity History and Analysis
Debt Level: TIG's net debt to equity ratio (78.1%) is considered high.
Reducing Debt: TIG's debt to equity ratio has increased from 29.6% to 138.8% over the past 5 years.
Debt Coverage: TIG's debt is well covered by operating cash flow (37.5%).
Interest Coverage: TIG's interest payments on its debt are well covered by EBIT (3.3x coverage).