Tortilla Mexican Grill Balance Sheet Health
Financial Health criteria checks 3/6
Tortilla Mexican Grill has a total shareholder equity of £2.4M and total debt of £7.2M, which brings its debt-to-equity ratio to 304%. Its total assets and total liabilities are £53.7M and £51.4M respectively. Tortilla Mexican Grill's EBIT is £1.6M making its interest coverage ratio 0.9. It has cash and short-term investments of £3.8M.
Key information
304.0%
Debt to equity ratio
UK£7.16m
Debt
| Interest coverage ratio | 0.9x |
| Cash | UK£3.84m |
| Equity | UK£2.35m |
| Total liabilities | UK£51.38m |
| Total assets | UK£53.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 73D's short term assets (£7.1M) do not cover its short term liabilities (£14.2M).
Long Term Liabilities: 73D's short term assets (£7.1M) do not cover its long term liabilities (£37.2M).
Debt to Equity History and Analysis
Debt Level: 73D's net debt to equity ratio (140.7%) is considered high.
Reducing Debt: 73D's debt to equity ratio has reduced from 7296% to 304% 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: Whilst unprofitable 73D has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 73D is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:57 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tortilla Mexican Grill plc is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nigel Parson | Cavendish |
| Michael Clifton | Cavendish |
| Anna Barnfather | Panmure Liberum |