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TTA Holdings

ASX:TTA
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TTA
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Retail
Company description

TTA Holdings Limited, through its subsidiary, TEAC Australia Pty Limited, distributes TEAC branded audio and visual consumer electronic products to retailers in Australia. The last earnings update was 170 days ago. More info.


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  • TTA Holdings has significant price volatility in the past 3 months.
TTA Share Price and Events
7 Day Returns
0%
ASX:TTA
1.4%
AU Retail Distributors
1.1%
AU Market
1 Year Returns
-31.8%
ASX:TTA
-11.1%
AU Retail Distributors
2.6%
AU Market
TTA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TTA Holdings (TTA) 0% 0% -6.3% -31.8% -58.3% -72.7%
AU Retail Distributors 1.4% 2.3% 2.8% -11.1% 14.3% 115.3%
AU Market 1.1% 1.6% 4.4% 2.6% 17.9% 7.7%
1 Year Return vs Industry and Market
  • TTA underperformed the Retail Distributors industry which returned -11.1% over the past year.
  • TTA underperformed the Market in Australia which returned 2.6% over the past year.
Price Volatility
TTA
Industry
5yr Volatility vs Market

TTA Value

 Is TTA Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for TTA Holdings. This is due to cash flow or dividend data being unavailable. The share price is A$0.015.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TTA Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TTA Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TTA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in AUD A$-0.02
ASX:TTA Share Price ** ASX (2019-05-17) in AUD A$0.02
Australia Retail Distributors Industry PE Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 17.79x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 15.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TTA Holdings.

ASX:TTA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:TTA Share Price ÷ EPS (both in AUD)

= 0.02 ÷ -0.02

-0.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TTA Holdings is loss making, we can't compare its value to the AU Retail Distributors industry average.
  • TTA Holdings is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does TTA Holdings's expected growth come at a high price?
Raw Data
ASX:TTA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Retail Distributors Industry PEG Ratio Median Figure of 20 Publicly-Listed Retail Distributors Companies 1.25x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for TTA Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TTA Holdings's assets?
Raw Data
ASX:TTA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in AUD A$0.05
ASX:TTA Share Price * ASX (2019-05-17) in AUD A$0.02
Australia Retail Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Retail Distributors Companies 1.95x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.65x
ASX:TTA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:TTA Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.05

0.29x

* Primary Listing of TTA Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TTA Holdings is good value based on assets compared to the AU Retail Distributors industry average.
X
Value checks
We assess TTA Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. TTA Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TTA Future Performance

 How is TTA Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TTA Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.7%
Expected Retail Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TTA Holdings expected to grow at an attractive rate?
  • Unable to compare TTA Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare TTA Holdings's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare TTA Holdings's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TTA Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
Global Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:TTA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:TTA Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-09-30 14 -1 -2
2018-06-30 13 -1 -1
2018-03-31 12 -1 0
2017-12-31 12 -1 -2
2017-09-30 11 -1 -3
2017-06-30 13 0 -3
2017-03-31 14 0 -3
2016-12-31 15 0 -1
2016-09-30 15 0 0
2016-06-30 16 1 0
2016-03-31 17 1 0
2015-12-31 19 4 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if TTA Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if TTA Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:TTA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TTA Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TTA Past Financials Data
Date (Data in AUD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00
2015-12-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if TTA Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine TTA Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. TTA Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  3. TTA Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess TTA Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TTA Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TTA Past Performance

  How has TTA Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TTA Holdings's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TTA Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare TTA Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare TTA Holdings's 1-year growth to the AU Retail Distributors industry average as it is not currently profitable.
Earnings and Revenue History
TTA Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TTA Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TTA Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 14.22 -2.19 3.16
2018-06-30 13.20 -1.15 2.31
2018-03-31 12.17 -0.10 1.47
2017-12-31 11.78 -1.71 1.61
2017-09-30 11.40 -3.32 1.76
2017-06-30 12.80 -3.15 1.80
2017-03-31 14.21 -2.98 1.83
2016-12-31 14.51 -1.48 1.81
2016-09-30 14.82 0.02 1.79
2016-06-30 15.85 0.04 1.82
2016-03-31 16.89 0.07 1.85
2015-12-31 18.63 -0.55 2.02
2015-09-30 20.38 -1.17 2.19
2015-06-30 23.99 -3.41 2.72
2015-03-31 27.59 -5.65 3.25
2014-12-31 34.57 -5.12 3.60
2014-09-30 41.55 -4.59 3.95
2014-06-30 46.32 -2.06 4.18
2014-03-31 51.09 0.46 4.40
2013-12-31 53.47 1.12 4.74
2013-09-30 55.86 1.78 5.09
2013-06-30 55.76 1.85 5.43
2013-03-31 55.66 1.92 5.77
2012-12-31 53.08 1.51 5.53
2012-09-30 50.49 1.09 5.30
2012-06-30 52.87 1.63 5.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if TTA Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if TTA Holdings has efficiently used its assets last year compared to the AU Retail Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if TTA Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess TTA Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TTA Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TTA Health

 How is TTA Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TTA Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TTA Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TTA Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TTA Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TTA Holdings Company Filings, last reported 7 months ago.

ASX:TTA Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 7.05 2.22 0.54
2018-06-30 7.05 2.22 0.54
2018-03-31 9.45 1.51 1.94
2017-12-31 9.45 1.51 1.94
2017-09-30 9.24 1.51 0.95
2017-06-30 9.24 1.51 0.95
2017-03-31 9.55 1.51 3.62
2016-12-31 9.55 1.51 3.62
2016-09-30 12.56 1.51 2.15
2016-06-30 12.56 1.51 2.15
2016-03-31 12.53 1.51 3.27
2015-12-31 12.53 1.51 3.27
2015-09-30 12.54 1.51 2.85
2015-06-30 12.54 1.51 2.85
2015-03-31 12.46 1.51 2.61
2014-12-31 12.46 1.51 2.61
2014-09-30 13.71 5.75 0.27
2014-06-30 13.71 5.75 0.27
2014-03-31 18.11 9.27 5.31
2013-12-31 18.11 9.27 5.31
2013-09-30 18.30 12.31 0.36
2013-06-30 18.30 12.31 0.36
2013-03-31 18.20 2.94 5.53
2012-12-31 18.20 2.94 5.53
2012-09-30 17.07 9.51 1.62
2012-06-30 17.07 9.51 1.62
  • TTA Holdings's level of debt (31.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (67.1% vs 31.5% today).
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.

  • TTA Holdings has less than a year of cash runway based on current free cash flow.
  • TTA Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 128.4% each year.
X
Financial health checks
We assess TTA Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TTA Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TTA Dividends

 What is TTA Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TTA Holdings dividends.
If you bought A$2,000 of TTA Holdings shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TTA Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TTA Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:TTA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 3.1%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:TTA Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2014-12-16 0.000 0.000
2014-05-30 0.000 0.000
2013-06-06 0.004 7.026
2012-06-04 0.004 7.426
2011-05-31 0.004 7.532
2010-05-28 0.006 10.611

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TTA Holdings has not reported any payouts.
  • Unable to verify if TTA Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TTA Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TTA Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess TTA Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TTA Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TTA Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TTA Management

 What is the CEO of TTA Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • TTA Holdings has no CEO, or we have no data on them.
Management Team

Ming Wong Chee

TITLE
Company Secretary & Executive Director
COMPENSATION
A$162K
TENURE
11 yrs

Andy Thompson

TITLE
National Sales Manager of TEAC Australia Pty Ltd
Board of Directors Tenure

Average tenure of the TTA Holdings board of directors in years:

11
Average Tenure
  • The average tenure for the TTA Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sze Sng

TITLE
Non-Executive Chairman
COMPENSATION
A$45K
TENURE
11 yrs

Mark Ewing

TITLE
Non Executive Independent Deputy Chairman
COMPENSATION
A$38K
AGE
65
TENURE
11 yrs

Ming Wong Chee

TITLE
Company Secretary & Executive Director
COMPENSATION
A$162K
TENURE
4.5 yrs

Julia Tong

TITLE
Non-Executive Director
COMPENSATION
A$30K
TENURE
11 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess TTA Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TTA Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TTA News

Simply Wall St News

What does TTA Holdings Limited's (ASX:TTA) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like TTA Holdings Limited (ASX:TTA), with a market cap of AU$3.02m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

What Does TTA Holdings Limited's (ASX:TTA) Ownership Structure Look Like?

Today, I will be analyzing TTA Holdings Limited’s (ASX:TTA) recent ownership structure, an important but not-so-popular subject among individual investors. … View our latest analysis for TTA Holdings ASX:TTA Ownership_summary May 15th 18 Insider Ownership Another important group of shareholders are company insiders. … General Public Ownership With 6.58% ownership, the general public are also an important ownership class in TTA.

Simply Wall St -

What You Must Know About TTA Holdings Limited's (ASX:TTA) Financial Strength

How does TTA’s operating cash flow stack up against its debt? … At this constant level of debt, the current cash and short-term investment levels stands at AU$3.62M , ready to deploy into the business. … Additionally, TTA has produced AU$338.74K in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 22.42%, signalling that TTA’s debt is appropriately covered by operating cash.

Simply Wall St -

How Long Will Loss-Making TTA Holdings Limited (ASX:TTA) Survive?

Additional cash raising may dilute the value of your shares, and since TTA Holdings is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … View our latest analysis for TTA Holdings What is cash burn? … ASX:TTA Income Statement Apr 4th 18 When will TTA Holdings need to raise more cash?

Simply Wall St -

Who Owns Most Of TTA Holdings Limited (ASX:TTA)?

The company hardly has institutions in its ownership structure, indicating limited concern for investors to worry about potential sell-offs that could arise due to extensive liquidation. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Private Company Ownership Another important group of owners for potential investors in TTA are private companies that hold a stake of 1.39% in TTA.

Simply Wall St -

Is TTA Holdings Limited (ASX:TTA) A Financially Sound Company?

At this current level of debt, TTA's cash and short-term investments stands at A$3.6M for investing into the business. … Additionally, TTA has produced A$0.3M in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 22.42%, meaning that TTA’s current level of operating cash is high enough to cover debt. … TTA's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although TTA’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Dilution Ahead For TTA Holdings Limited (ASX:TTA) Shareholders?

View our latest analysis for TTA Holdings What is cash burn? … The measure of how fast TTA Holdings goes through its cash reserves over time is called the cash burn rate. … ASX:TTA Income Statement Dec 29th 17 When will TTA Holdings need to raise more cash?

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What You Must Know About TTA Holdings Limited's (ASX:TTA) Major Investors

In this article, I'm going to take a look at TTA Holdings Limited’s (ASX:TTA) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for TTA Holdings ASX:TTA Ownership Summary Nov 7th 17 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders.

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What Investors Should Know About TTA Holdings Limited's (ASX:TTA) Financial Strength

Last year, TTA’s operating cash flow was 0.22x its current debt. … Our analysis shows that TTA is able to meet its upcoming commitments with its cash and other short-term assets, which lessens our concerns for the company's business operations should any unfavourable circumstances arise. … Though, the company will be able to pay all of its upcoming liabilities from its current short-term assets.

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TTA Company Info

Description

TTA Holdings Limited, through its subsidiary, TEAC Australia Pty Limited, distributes TEAC branded audio and visual consumer electronic products to retailers in Australia. Its audio products include sound systems, portable audios, Bluetooth speakers, sound bars, digital radios, and clock radios; and visual products comprise LED flat panel televisions, televisions with built in DVD players, UHD smart and non-smart televisions, set top boxes, and DVD players. The company is based in Thomastown, Australia. TTA Holdings Limited is a subsidiary of TT International Limited.

Details
Name: TTA Holdings Limited
TTA
Exchange: ASX
Founded:
A$2,061,351
137,423,410
Website: http://www.teac.com.au
Address: TTA Holdings Limited
75 Northgate Drive,
Thomastown,
Victoria, 3074,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TTA Ordinary Shares Australian Securities Exchange AU AUD 30. May 2008
Number of employees
Current staff
Staff numbers
20
TTA Holdings employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 10:33
End of day share price update: 2019/05/17 00:00
Last earnings filing: 2018/11/30
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.