Digital Turbine Balance Sheet Health
Financial Health criteria checks 3/6
Digital Turbine has a total shareholder equity of $196.0M and total debt of $393.8M, which brings its debt-to-equity ratio to 201%. Its total assets and total liabilities are $860.2M and $664.2M respectively.
Key information
201.0%
Debt to equity ratio
US$393.79m
Debt
| Interest coverage ratio | n/a |
| Cash | US$35.73m |
| Equity | US$195.95m |
| Total liabilities | US$664.24m |
| Total assets | US$860.20m |
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
Is 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 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 09Financial Position Analysis
Short Term Liabilities: APPS's short term assets ($252.7M) exceed its short term liabilities ($240.4M).
Long Term Liabilities: APPS's short term assets ($252.7M) do not cover its long term liabilities ($423.9M).
Debt to Equity History and Analysis
Debt Level: APPS's net debt to equity ratio (182.7%) is considered high.
Reducing Debt: APPS's debt to equity ratio has increased from 0% to 201% 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 24.5% per year.