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Tassal Group Balance Sheet Health
Financial Health criteria checks 4/6
Key information
43.2%
Debt to equity ratio
AU$363.08m
Debt
| Interest coverage ratio | 7.7x |
| Cash | AU$29.75m |
| Equity | AU$841.06m |
| Total liabilities | AU$869.89m |
| Total assets | AU$1.71b |
Recent financial health updates
Is Tassal Group (ASX:TGR) Using Too Much Debt?
Mar 29
We Think Tassal Group (ASX:TGR) Is Taking Some Risk With Its Debt
Nov 24Recent updates
Tassal Group (ASX:TGR) May Have Issues Allocating Its Capital
Jun 27Tassal Group's (ASX:TGR) Dividend Will Be Reduced To AU$0.07
Aug 21Is Tassal Group (ASX:TGR) Using Too Much Debt?
Mar 29Is Tassal Group Limited (ASX:TGR) Trading At A 22% Discount?
Mar 17Tassal Group Limited (ASX:TGR) On An Uptrend: Could Fundamentals Be Driving The Stock?
Mar 02Should You Use Tassal Group's (ASX:TGR) Statutory Earnings To Analyse It?
Feb 17
Does It Make Sense To Buy Tassal Group Limited (ASX:TGR) For Its Yield?
Feb 04How Much Did Tassal Group's(ASX:TGR) Shareholders Earn From Share Price Movements Over The Last Five Years?
Jan 20How Does Tassal Group's (ASX:TGR) CEO Pay Compare With Company Performance?
Jan 05Our Take On The Returns On Capital At Tassal Group (ASX:TGR)
Dec 20A Look At The Intrinsic Value Of Tassal Group Limited (ASX:TGR)
Dec 07We Think Tassal Group (ASX:TGR) Is Taking Some Risk With Its Debt
Nov 24We Wouldn't Rely On Tassal Group's (ASX:TGR) Statutory Earnings As A Guide
Jul 10Is Tassal Group Limited's (ASX:TGR) CEO Pay Fair?
Jun 22Financial Position Analysis
Short Term Liabilities: TGR's short term assets (A$687.0M) exceed its short term liabilities (A$182.5M).
Long Term Liabilities: TGR's short term assets (A$687.0M) do not cover its long term liabilities (A$687.4M).
Debt to Equity History and Analysis
Debt Level: TGR's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: TGR's debt to equity ratio has increased from 11.1% to 43.2% over the past 5 years.
Debt Coverage: TGR's debt is well covered by operating cash flow (38.3%).
Interest Coverage: TGR's interest payments on its debt are well covered by EBIT (7.7x coverage).