TPC Consolidated Balance Sheet Health
Financial Health criteria checks 6/6
TPC Consolidated has a total shareholder equity of A$30.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$57.8M and A$27.7M respectively. TPC Consolidated's EBIT is A$10.8M making its interest coverage ratio -15.9. It has cash and short-term investments of A$12.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -15.9x |
Cash | AU$12.14m |
Equity | AU$30.15m |
Total liabilities | AU$27.67m |
Total assets | AU$57.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPC's short term assets (A$50.7M) exceed its short term liabilities (A$24.8M).
Long Term Liabilities: TPC's short term assets (A$50.7M) exceed its long term liabilities (A$2.9M).
Debt to Equity History and Analysis
Debt Level: TPC is debt free.
Reducing Debt: TPC has no debt compared to 5 years ago when its debt to equity ratio was 70.9%.
Debt Coverage: TPC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPC has no debt, therefore coverage of interest payments is not a concern.