Pure Foods Tasmania Balance Sheet Health
Financial Health criteria checks 5/6
Pure Foods Tasmania has a total shareholder equity of A$10.6M and total debt of A$5.3M, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are A$20.2M and A$9.7M respectively.
Key information
50.0%
Debt to equity ratio
AU$5.29m
Debt
Interest coverage ratio | n/a |
Cash | AU$3.49m |
Equity | AU$10.58m |
Total liabilities | AU$9.65m |
Total assets | AU$20.23m |
Recent financial health updates
Here's Why Pure Foods Tasmania (ASX:PFT) Can Afford Some Debt
Apr 19Does Pure Foods Tasmania (ASX:PFT) Have A Healthy Balance Sheet?
Dec 27Is Pure Foods Tasmania (ASX:PFT) Using Too Much Debt?
Jun 20Pure Foods Tasmania (ASX:PFT) Has Debt But No Earnings; Should You Worry?
Mar 03Recent updates
Here's Why Pure Foods Tasmania (ASX:PFT) Can Afford Some Debt
Apr 19Does Pure Foods Tasmania (ASX:PFT) Have A Healthy Balance Sheet?
Dec 27Is Pure Foods Tasmania (ASX:PFT) Using Too Much Debt?
Jun 20Pure Foods Tasmania (ASX:PFT) Has Debt But No Earnings; Should You Worry?
Mar 03How Many Pure Foods Tasmania Limited (ASX:PFT) Shares Did Insiders Buy, In The Last Year?
Jan 28Financial Position Analysis
Short Term Liabilities: PFT's short term assets (A$7.0M) exceed its short term liabilities (A$5.6M).
Long Term Liabilities: PFT's short term assets (A$7.0M) exceed its long term liabilities (A$4.0M).
Debt to Equity History and Analysis
Debt Level: PFT's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PFT's debt to equity ratio has reduced 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: PFT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PFT is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.