TasFoods Balance Sheet Health

Financial Health criteria checks 2/6

TasFoods has a total shareholder equity of A$12.7M and total debt of A$3.2M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are A$28.8M and A$16.2M respectively.

Key information

25.2%

Debt to equity ratio

AU$3.19m

Debt

Interest coverage ration/a
CashAU$999.00k
EquityAU$12.65m
Total liabilitiesAU$16.17m
Total assetsAU$28.82m

Recent financial health updates

Recent updates

TasFoods Limited (ASX:TFL) Held Back By Insufficient Growth Even After Shares Climb 31%

Dec 11
TasFoods Limited (ASX:TFL) Held Back By Insufficient Growth Even After Shares Climb 31%

There's No Escaping TasFoods Limited's (ASX:TFL) Muted Revenues Despite A 50% Share Price Rise

Oct 19
There's No Escaping TasFoods Limited's (ASX:TFL) Muted Revenues Despite A 50% Share Price Rise

Pinning Down TasFoods Limited's (ASX:TFL) P/S Is Difficult Right Now

Jul 27
Pinning Down TasFoods Limited's (ASX:TFL) P/S Is Difficult Right Now

It's A Story Of Risk Vs Reward With TasFoods Limited (ASX:TFL)

Dec 22
It's A Story Of Risk Vs Reward With TasFoods Limited (ASX:TFL)

Is TasFoods (ASX:TFL) Weighed On By Its Debt Load?

Oct 05
Is TasFoods (ASX:TFL) Weighed On By Its Debt Load?

Investors Aren't Entirely Convinced By TasFoods Limited's (ASX:TFL) Revenues

Jul 16
Investors Aren't Entirely Convinced By TasFoods Limited's (ASX:TFL) Revenues

Is TasFoods (ASX:TFL) Using Too Much Debt?

Mar 02
Is TasFoods (ASX:TFL) Using Too Much Debt?

It's Probably Less Likely That TasFoods Limited's (ASX:TFL) CEO Will See A Huge Pay Rise This Year

May 13
It's Probably Less Likely That TasFoods Limited's (ASX:TFL) CEO Will See A Huge Pay Rise This Year

Is TasFoods (ASX:TFL) Using Debt Sensibly?

Mar 02
Is TasFoods (ASX:TFL) Using Debt Sensibly?

Here's What We Learned About The CEO Pay At TasFoods Limited (ASX:TFL)

Dec 30
Here's What We Learned About The CEO Pay At TasFoods Limited (ASX:TFL)

Financial Position Analysis

Short Term Liabilities: TFL's short term assets (A$11.6M) do not cover its short term liabilities (A$11.8M).

Long Term Liabilities: TFL's short term assets (A$11.6M) exceed its long term liabilities (A$4.4M).


Debt to Equity History and Analysis

Debt Level: TFL's net debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: TFL's debt to equity ratio has increased from 11.3% to 25.2% 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: TFL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TFL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.3% each year


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TasFoods Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul JenszPAC Partners Securities Pty. Ltd.