Digital Turbine Balance Sheet Health
Financial Health criteria checks 1/6
Digital Turbine has a total shareholder equity of $182.4M and total debt of $407.6M, which brings its debt-to-equity ratio to 223.5%. Its total assets and total liabilities are $844.5M and $662.1M respectively.
Key information
223.5%
Debt to equity ratio
US$407.62m
Debt
| Interest coverage ratio | n/a |
| Cash | US$32.77m |
| Equity | US$182.37m |
| Total liabilities | US$662.12m |
| Total assets | US$844.49m |
Recent financial health updates
Is Digital Turbine (NASDAQ:APPS) Using Debt Sensibly?
Aug 08
Digital Turbine (NASDAQ:APPS) Has Debt But No Earnings; Should You Worry?
Mar 25Would 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.'s (NASDAQ:APPS) Shares Bounce 26% But Its Business Still Trails The Industry
Oct 12Should Shareholders Reconsider Digital Turbine, Inc.'s (NASDAQ:APPS) CEO Compensation Package?
Aug 21Digital Turbine, Inc.'s (NASDAQ:APPS) Price Is Right But Growth Is Lacking After Shares Rocket 93%
Aug 20Is Digital Turbine (NASDAQ:APPS) Using Debt Sensibly?
Aug 08Digital Turbine: Decline In All Areas, Stay Away
Jul 15Lacklustre Performance Is Driving Digital Turbine, Inc.'s (NASDAQ:APPS) 35% Price Drop
Jun 14Digital Turbine: Call Of The Void
Jun 11Digital Turbine Earnings: A Stock You Should Not Buy, Debt Is A Problem
May 29Digital 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 05Financial Position Analysis
Short Term Liabilities: APPS's short term assets ($243.9M) exceed its short term liabilities ($223.6M).
Long Term Liabilities: APPS's short term assets ($243.9M) do not cover its long term liabilities ($438.5M).
Debt to Equity History and Analysis
Debt Level: APPS's net debt to equity ratio (205.5%) is considered high.
Reducing Debt: APPS's debt to equity ratio has increased from 0% to 223.5% 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: APPS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: APPS has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.5% each year.