Balance Sheet Dive: Treasure Global Inc (TGL)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.11 in the prior trading day, Treasure Global Inc (NASDAQ: TGL) closed at $0.11, down -3.93%. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 0.82 million shares were traded. TGL stock price reached its highest trading level at $0.1139 during the session, while it also had its lowest trading level at $0.1091.

Ratios:

Our goal is to gain a better understanding of TGL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.06 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGL now has a Market Capitalization of 5767003 and an Enterprise Value of 5011373. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 2.089 whereas that against EBITDA is -1.124.

Stock Price History:

The Beta on a monthly basis for TGL is -0.38, which has changed by -0.97471267 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, TGL has reached a high of $6.04, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -34.68%, while the 200-Day Moving Average is calculated to be -88.07%.

Shares Statistics:

The stock has traded on average 14.72M shares per day over the past 3-months and 712120 shares per day over the last 10 days, according to various share statistics. A total of 52.43M shares are outstanding, with a floating share count of 36.89M. Insiders hold about 29.63% of the company’s shares, while institutions hold 1.31% stake in the company. Shares short for TGL as of 1740700800 were 1268009 with a Short Ratio of 0.09, compared to 1738281600 on 327827. Therefore, it implies a Short% of Shares Outstanding of 1268009 and a Short% of Float of 2.42.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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