Tiidal Gaming Group (TIIDF) Debt Metrics

Price: $0.0362
Market Cap: $131.07K
Avg Volume: -
Country: CA
Industry: Electronic Gaming & Multimedia
Sector: Technology
Beta: 0.072
52W Range: $0.0362-0.09
Website: Tiidal Gaming Group

How much debt does Tiidal Gaming Group have?

According to Tiidal Gaming Group's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Tiidal Gaming Group's total debt stands at $53.96K. This is broken down into:

  • Long-term debt: $53.96K
  • Short-term debt: $-

The company's net debt, which accounts for cash and cash equivalents, is $-24.56K. In terms of overall financial obligations, Tiidal Gaming Group's total liabilities amount to $256.57K.

Debt Ratios and Metrics

To better understand Tiidal Gaming Group's debt position, we can look at several key ratios:

  • Debt to Equity Ratio: 0.01 - this indicates the proportion of equity and debt the company uses to finance its assets.
  • Debt Ratio: 0.49% - this shows the proportion of a company's assets that are financed through debt.
  • Interest Coverage Ratio: -118.61 - this measures how easily a company can pay interest on its outstanding debt.
  • Long-term Debt to Capitalization: 0.50% - this shows the proportion of long-term debt in the company's capital structure.
  • Total Debt to Capitalization: 0.50% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Tiidal Gaming Group's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.

Total Debt

$53.96K

Long-term Debt

$53.96K

Short-term Debt

$-

Net Debt

$-24.56K

Total Liabilities

$256.57K

Interest Coverage

-118.61

Debt to Equity Ratio

0.01

Debt Ratio

0.49%

Tiidal Gaming Group Historical Debt Metrics
Total Debt
Long-term Debt
Short-term Debt
Net Debt
$800.00K$800.00K$600.00K$600.00K$400.00K$400.00K$200.00K$200.00K$0.00$0.00-$200.00K-$200.00KDebt MetricsJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '23

Tiidal Gaming Group Historical Debt

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.

Year Total Debt Long-term Debt Short-term Debt Net Debt Total Liabilities Debt to Equity Debt Ratio Interest Coverage Long-term Debt to Capitalization Total Debt to Capitalization
2023 $53.96K $53.96K $- $-24.56K $256.57K 0.01 0.49% -118.61 0.50% 0.50%
2022 $142.64K $143.23K $34.90K $126.48K $1.16M 0.05 2.28% -217.83 4.87% 4.87%
2021 $692.49K $503.89K $188.60K $669.56K $5.43M 0.70 7.61% -62.53 32.94% 41.08%
2020 $- $- $- $-68.25K $16.78K 0.00 0.00% 0.00 0.00% 0.00%
2019 $- $- $- $-30.71K $206.63K 0.00 0.00% 0.00 0.00% 0.00%

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