Digital Turbine Balance Sheet Health
Financial Health criteria checks 3/6
Digital Turbine has a total shareholder equity of $445.7M and total debt of $374.0M, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are $1.1B and $660.9M respectively.
Key information
83.9%
Debt to equity ratio
US$374.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$48.96m |
| Equity | US$445.70m |
| Total liabilities | US$660.94m |
| Total assets | US$1.11b |
Recent financial health updates
Digital Turbine (NASDAQ:APPS) Has Debt But No Earnings; Should You Worry?
Mar 25
Would Digital Turbine (NASDAQ:APPS) Be Better Off With Less Debt?
Dec 05Is Digital Turbine (NASDAQ:APPS) Using Too Much Debt?
Aug 10Is Digital Turbine (NASDAQ:APPS) Using Too Much Debt?
Apr 26Digital Turbine (NASDAQ:APPS) Seems To Use Debt Quite Sensibly
Aug 31Recent updates
Digital Turbine, Inc. (NASDAQ:APPS) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Apr 25Digital Turbine (NASDAQ:APPS) Has Debt But No Earnings; Should You Worry?
Mar 25Digital Turbine: Why I Will Stay Clear For Now
Mar 18Lacklustre Performance Is Driving Digital Turbine, Inc.'s (NASDAQ:APPS) 40% Price Drop
Mar 04Digital Turbine Stock: Upgrading To Buy Following The Bloodbath
Feb 09Digital Turbine, Inc. (NASDAQ:APPS) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 04Would Digital Turbine (NASDAQ:APPS) Be Better Off With Less Debt?
Dec 05Investors Will Want Digital Turbine's (NASDAQ:APPS) Growth In ROCE To Persist
Oct 06Is Digital Turbine (NASDAQ:APPS) Using Too Much Debt?
Aug 10Digital Turbine (NASDAQ:APPS) Is Experiencing Growth In Returns On Capital
May 11Is Digital Turbine (NASDAQ:APPS) Using Too Much Debt?
Apr 26Digital Turbine, Inc.'s (NASDAQ:APPS) Intrinsic Value Is Potentially 84% Above Its Share Price
Feb 22There's Been No Shortage Of Growth Recently For Digital Turbine's (NASDAQ:APPS) Returns On Capital
Jan 05Digital Turbine (NASDAQ:APPS) Is Experiencing Growth In Returns On Capital
Oct 05Digital Turbine: The Sell-Off Was Justified And I'm Not Convinced Anymore
Oct 03Digital Turbine: Round Trips Fully, Only Pessimism Left
Sep 21Digital Turbine: Ignore The Pessimism And Buy This Healthy Pullback
Sep 01Digital Turbine (NASDAQ:APPS) Seems To Use Debt Quite Sensibly
Aug 31Digital Turbine: Sound Fundamentals Despite Short-Term Headwinds And Other Obstacles
Aug 18Digital Turbine: Don't Miss Buying Its Long-Term Bottom
Aug 05Digital Turbine: The Acquisition Of ironSource Provides A Key Insight
Jul 14Digital Turbine: The Good And Bad Takes Of The Recent Quarter
Jul 05Digital Turbine: FQ1 2023 Performance Will Be Key To Its Recovery - Not A Buy Now
Jun 17Is Digital Turbine Stock A Buy After Earnings? Valuation Is Undemanding Now
Jun 09Digital Turbine Q4 Earnings: Guidance Points To Negative Q1 Revenue Growth Rates
Jun 01Some Analysts Just Cut Their Digital Turbine, Inc. (NASDAQ:APPS) Estimates
May 25Digital Turbine Is A Solid Buy Here
May 20I Built A List Of Growing Companies And Digital Turbine (NASDAQ:APPS) Made The Cut
May 18Digital Turbine: Significantly Digested Its Pandemic Gains
May 13Digital Turbine Is An Interesting Company That Should Consider A Dividend
May 05Digital Turbine: Capital Allocation Machine That Has A Moat And An Exponential Growth Path
Apr 11Financial Position Analysis
Short Term Liabilities: APPS's short term assets ($287.3M) exceed its short term liabilities ($268.7M).
Long Term Liabilities: APPS's short term assets ($287.3M) do not cover its long term liabilities ($392.3M).
Debt to Equity History and Analysis
Debt Level: APPS's net debt to equity ratio (72.9%) is considered high.
Reducing Debt: APPS's debt to equity ratio has increased from 15.2% to 83.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable APPS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: APPS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.7% per year.