Pure Foods Tasmania Balance Sheet Health
Financial Health criteria checks 2/6
Pure Foods Tasmania has a total shareholder equity of A$8.5M and total debt of A$4.4M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are A$15.7M and A$7.2M respectively.
Key information
51.4%
Debt to equity ratio
AU$4.39m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.08m |
| Equity | AU$8.53m |
| Total liabilities | AU$7.15m |
| Total assets | AU$15.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFT's short term assets (A$3.2M) do not cover its short term liabilities (A$4.7M).
Long Term Liabilities: PFT's short term assets (A$3.2M) exceed its long term liabilities (A$2.5M).
Debt to Equity History and Analysis
Debt Level: PFT's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: PFT's debt to equity ratio has increased from 6.8% to 51.4% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PFT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10% each year