What is the debt of Tingo Group this year?
Tingo Group has a debt level of -499.5 USD this year.
Tingo Group Debt 2024
Tingo Group Debt
-499.5 USD
Tingo Group Dividend yield
Ticker
TIOG
ISIN
US55328R1095
WKN
A2JQ1Y
In 2024, Tingo Group's total debt was -499.5 USD, a 435.94% change from the -93.2 USD total debt recorded in the previous year.
Tingo Group Aktienanalyse
What does Tingo Group do?
MICT Inc is a company specializing in the development and sale of value-added technologies. It was founded in 2002 in Israel and has since relocated its headquarters to Kolkata, India. The company focuses on enabling multimillion-dollar transactions in global trade finance and collecting and analyzing data from various sources. The company specializes in several sectors, including online solutions, mobile solutions, and e-commerce solutions. Its goal is to offer high-quality solutions that relieve customers in their business environment and bring real added value. The solutions are designed to increase the efficiency of the business process and save costs and time. MICT Inc's business model focuses on selling value-added technologies and software solutions. The company offers its customers a wide range of products and services, including trade finance, ERP systems, e-commerce platforms, and mobile applications. By leveraging the latest technologies and innovative business models, MICT Inc aims to optimize the business processes of its customers and help them achieve their business goals. MICT Inc's products include social and mobile games, financial and corporate applications, as well as trade and health applications. The company has also specialized in developing solutions for mobile payments and the mobile banking and finance industry. The company's most well-known products include the mobile payment service "Mobicash" and the e-commerce platform "Holy Panda". MICT Inc is divided into several divisions. One of these is the Capital Markets Solutions segment. Here, the company offers its customers various solutions in the field of trade finance and capital markets. The products include a range of financial services, such as trade finance, financial systems, and trading platforms. MICT Inc's trade finance solution aims to simplify business processes and automate time-consuming and laborious financing processes. Another pillar of the company is the data-based contextualization segment. Here, the company aims to collect data from various sources and contextualize it to generate knowledge and help customers make better decisions. The company uses modern technologies such as data analytics, machine learning, and artificial intelligence for this purpose. MICT Inc also has a presence in the cybersecurity industry. Through its subsidiary ParagonEX, the company has developed a comprehensive portfolio of security solutions that ensure the security of sensitive data and information. The company offers its customers various security solutions on all major platforms, including desktop systems, mobile devices, and cloud solutions. Overall, MICT Inc is a trusted and innovative partner in the technology industry, focusing on providing solutions that secure the long-term success of its customers' businesses. Through close collaboration with customers worldwide, the company has established itself as an expert in trade finance, e-commerce solutions, and mobile payment services, and is on the path to a successful future. Tingo Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Tingo Group's Debt Structure
Tingo Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Tingo Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Tingo Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Tingo Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Tingo Group Stock
What was the debt of Tingo Group compared to the previous year?
The debt of Tingo Group has increased by 435.94% compared to the previous year increased.
What are the consequences of high debt for investors in Tingo Group?
High debt can pose a risk for investors of Tingo Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Tingo Group?
Low debt means that Tingo Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Tingo Group affect the company?
An increase in debt of Tingo Group can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Tingo Group affect the company?
A reduction in debt of Tingo Group can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Tingo Group?
Some factors that can influence the debt of Tingo Group include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Tingo Group so important for investors?
The debts of Tingo Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Tingo Group take to change the debt?
To change the debt, Tingo Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Tingo Group pay?
Over the past 12 months, Tingo Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tingo Group is expected to pay a dividend of 0 USD.
What is the dividend yield of Tingo Group?
The current dividend yield of Tingo Group is .
When does Tingo Group pay dividends?
Tingo Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Tingo Group?
Tingo Group paid dividends every year for the past 0 years.
What is the dividend of Tingo Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Tingo Group located?
Tingo Group is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Tingo Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Tingo Group from 6/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.
When did Tingo Group pay the last dividend?
The last dividend was paid out on 6/3/2024.
What was the dividend of Tingo Group in the year 2023?
In the year 2023, Tingo Group distributed 0 USD as dividends.
In which currency does Tingo Group pay out the dividend?
The dividends of Tingo Group are distributed in USD.
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Andere Kennzahlen von Tingo Group
Our stock analysis for Tingo Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tingo Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.