Team Internet Group Balance Sheet Health
Financial Health criteria checks 3/6
Team Internet Group has a total shareholder equity of $153.5M and total debt of $166.8M, which brings its debt-to-equity ratio to 108.7%. Its total assets and total liabilities are $546.7M and $393.2M respectively. Team Internet Group's EBIT is $49.1M making its interest coverage ratio 3.4. It has cash and short-term investments of $92.7M.
Key information
108.7%
Debt to equity ratio
US$166.80m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$92.70m |
| Equity | US$153.50m |
| Total liabilities | US$393.20m |
| Total assets | US$546.70m |
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 24CentralNic Group (LON:CNIC) Seems To Use Debt Quite Sensibly
Feb 08
Recent updates
Team 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 29Who Has Been Selling CentralNic Group Plc (LON:CNIC) Shares?
Mar 02CentralNic Group (LON:CNIC) Seems To Use Debt Quite Sensibly
Feb 08Should CentralNic Group (LON:CNIC) Be Disappointed With Their 88% Profit?
Jan 12CentralNic Group Plc (LON:CNIC) Shares Could Be 36% Below Their Intrinsic Value Estimate
Dec 23Have Insiders Been Selling CentralNic Group Plc (LON:CNIC) Shares?
Dec 02Financial Position Analysis
Short Term Liabilities: TIG's short term assets ($199.6M) do not cover its short term liabilities ($208.3M).
Long Term Liabilities: TIG's short term assets ($199.6M) exceed its long term liabilities ($184.9M).
Debt to Equity History and Analysis
Debt Level: TIG's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: TIG's debt to equity ratio has increased from 32.3% to 108.7% over the past 5 years.
Debt Coverage: TIG's debt is well covered by operating cash flow (45.2%).
Interest Coverage: TIG's interest payments on its debt are well covered by EBIT (3.4x coverage).