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
Health Check: How Prudently Does Digital Turbine (NASDAQ:APPS) Use Debt?
Dec 20
Is Digital Turbine (NASDAQ:APPS) Using Debt Sensibly?
Aug 08Digital 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 26Recent updates
Health Check: How Prudently Does Digital Turbine (NASDAQ:APPS) Use Debt?
Dec 20Digital Turbine, Inc. (NASDAQ:APPS) Stock Catapults 45% Though Its Price And Business Still Lag The Industry
Dec 20Digital 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.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 11:08 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Digital Turbine, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Omar Dessouky | BofA Global Research |
| Zachary Silver | B. Riley Securities, Inc. |
| Austin Moldow | Canaccord Genuity |