TasFoods Balance Sheet Health
Financial Health criteria checks 2/6
TasFoods has a total shareholder equity of A$17.6M and total debt of A$2.3M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are A$35.2M and A$17.6M respectively.
Key information
13.1%
Debt to equity ratio
AU$2.30m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.43m |
| Equity | AU$17.58m |
| Total liabilities | AU$17.63m |
| Total assets | AU$35.21m |
Recent financial health updates
Is TasFoods (ASX:TFL) Weighed On By Its Debt Load?
Oct 05
Is TasFoods (ASX:TFL) Using Too Much Debt?
Mar 02Is TasFoods (ASX:TFL) Using Debt Sensibly?
Mar 02Recent updates
It's A Story Of Risk Vs Reward With TasFoods Limited (ASX:TFL)
Dec 22Is TasFoods (ASX:TFL) Weighed On By Its Debt Load?
Oct 05Investors Aren't Entirely Convinced By TasFoods Limited's (ASX:TFL) Revenues
Jul 16Is TasFoods (ASX:TFL) Using Too Much Debt?
Mar 02It's Probably Less Likely That TasFoods Limited's (ASX:TFL) CEO Will See A Huge Pay Rise This Year
May 13Is TasFoods (ASX:TFL) Using Debt Sensibly?
Mar 02Here's What We Learned About The CEO Pay At TasFoods Limited (ASX:TFL)
Dec 30Financial Position Analysis
Short Term Liabilities: TFL's short term assets (A$12.9M) do not cover its short term liabilities (A$13.3M).
Long Term Liabilities: TFL's short term assets (A$12.9M) exceed its long term liabilities (A$4.4M).
Debt to Equity History and Analysis
Debt Level: TFL has more cash than its total debt.
Reducing Debt: TFL's debt to equity ratio has increased from 2% to 13.1% 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 2.5% each year