Team Internet Group Balance Sheet Health
Financial Health criteria checks 2/6
Team Internet Group has a total shareholder equity of $142.9M and total debt of $156.8M, which brings its debt-to-equity ratio to 109.7%. Its total assets and total liabilities are $508.4M and $365.5M respectively. Team Internet Group's EBIT is $52.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $75.5M.
Key information
109.7%
Debt to equity ratio
US$156.80m
Debt
Interest coverage ratio | 3.4x |
Cash | US$75.50m |
Equity | US$142.90m |
Total liabilities | US$365.50m |
Total assets | US$508.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIGX.F's short term assets ($173.3M) do not cover its short term liabilities ($176.6M).
Long Term Liabilities: TIGX.F's short term assets ($173.3M) do not cover its long term liabilities ($188.9M).
Debt to Equity History and Analysis
Debt Level: TIGX.F's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: TIGX.F's debt to equity ratio has increased from 29.6% to 109.7% over the past 5 years.
Debt Coverage: TIGX.F's debt is well covered by operating cash flow (45.1%).
Interest Coverage: TIGX.F's interest payments on its debt are well covered by EBIT (3.4x coverage).