Team Internet Group Balance Sheet Health
Financial Health criteria checks 2/6
Team Internet Group has a total shareholder equity of $148.9M and total debt of $193.0M, which brings its debt-to-equity ratio to 129.6%. Its total assets and total liabilities are $551.1M and $402.2M respectively. Team Internet Group's EBIT is $48.9M making its interest coverage ratio 3. It has cash and short-term investments of $93.3M.
Key information
129.6%
Debt to equity ratio
US$193.00m
Debt
| Interest coverage ratio | 3x |
| Cash | US$93.30m |
| Equity | US$148.90m |
| Total liabilities | US$402.20m |
| Total assets | US$551.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIGX.F's short term assets ($193.2M) exceed its short term liabilities ($174.0M).
Long Term Liabilities: TIGX.F's short term assets ($193.2M) do not cover its long term liabilities ($228.2M).
Debt to Equity History and Analysis
Debt Level: TIGX.F's net debt to equity ratio (67%) is considered high.
Reducing Debt: TIGX.F's debt to equity ratio has increased from 79.4% to 129.6% over the past 5 years.
Debt Coverage: TIGX.F's debt is well covered by operating cash flow (38.9%).
Interest Coverage: TIGX.F's interest payments on its debt are not well covered by EBIT (3x coverage).