Tigers Realm Coal Balance Sheet Health
Financial Health criteria checks 6/6
Tigers Realm Coal has a total shareholder equity of A$175.7M and total debt of A$6.9M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are A$214.7M and A$39.1M respectively. Tigers Realm Coal's EBIT is A$50.8M making its interest coverage ratio 31.2. It has cash and short-term investments of A$26.2M.
Key information
3.9%
Debt to equity ratio
AU$6.92m
Debt
| Interest coverage ratio | 31.2x |
| Cash | AU$26.15m |
| Equity | AU$175.69m |
| Total liabilities | AU$39.06m |
| Total assets | AU$214.75m |
Recent financial health updates
Recent updates
Little Excitement Around Tigers Realm Coal Limited's (ASX:TIG) Revenues As Shares Take 33% Pounding
Apr 17
Tigers Realm Coal (ASX:TIG) Is Reinvesting At Lower Rates Of Return
Apr 12Market Still Lacking Some Conviction On Tigers Realm Coal Limited (ASX:TIG)
Jan 30Returns On Capital Are A Standout For Tigers Realm Coal (ASX:TIG)
Nov 20Does Tigers Realm Coal (ASX:TIG) Have A Healthy Balance Sheet?
Oct 03Tigers Realm Coal (ASX:TIG) Is Very Good At Capital Allocation
Jun 07Improved Earnings Required Before Tigers Realm Coal Limited (ASX:TIG) Shares Find Their Feet
Apr 11The Trend Of High Returns At Tigers Realm Coal (ASX:TIG) Has Us Very Interested
Feb 28A Look At The Intrinsic Value Of Tigers Realm Coal Limited (ASX:TIG)
Oct 25Here's Why We Think Tigers Realm Coal (ASX:TIG) Might Deserve Your Attention Today
Sep 28The Trend Of High Returns At Tigers Realm Coal (ASX:TIG) Has Us Very Interested
May 16Tigers Realm Coal's (ASX:TIG) Solid Profits Have Weak Fundamentals
Mar 03Tigers Realm Coal (ASX:TIG) Is Looking To Continue Growing Its Returns On Capital
Oct 19Insider Buying: The Tigers Realm Coal Limited (ASX:TIG) Non-Executive Director Just Bought 52% More Shares
Jan 16A Look At Tigers Realm Coal's (ASX:TIG) Share Price Returns
Jan 07
Financial Position Analysis
Short Term Liabilities: TIG's short term assets (A$130.8M) exceed its short term liabilities (A$29.0M).
Long Term Liabilities: TIG's short term assets (A$130.8M) exceed its long term liabilities (A$10.1M).
Debt to Equity History and Analysis
Debt Level: TIG has more cash than its total debt.
Reducing Debt: TIG's debt to equity ratio has reduced from 6.7% to 3.9% over the past 5 years.
Debt Coverage: TIG's debt is well covered by operating cash flow (328.6%).
Interest Coverage: TIG's interest payments on its debt are well covered by EBIT (31.2x coverage).