Tandem Group Balance Sheet Health
Financial Health criteria checks 4/6
Tandem Group has a total shareholder equity of £23.8M and total debt of £4.0M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are £32.6M and £8.8M respectively.
Key information
16.9%
Debt to equity ratio
UK£4.02m
Debt
Interest coverage ratio | n/a |
Cash | UK£447.00k |
Equity | UK£23.81m |
Total liabilities | UK£8.75m |
Total assets | UK£32.56m |
Recent financial health updates
Does Tandem Group (LON:TND) Have A Healthy Balance Sheet?
Sep 21Tandem Group (LON:TND) Has A Somewhat Strained Balance Sheet
Nov 12Here's Why Tandem Group (LON:TND) Can Manage Its Debt Responsibly
Jun 24Tandem Group (LON:TND) Seems To Use Debt Rather Sparingly
Mar 29Recent updates
What Tandem Group plc's (LON:TND) P/S Is Not Telling You
Feb 08What Is Tandem Group plc's (LON:TND) Share Price Doing?
Dec 14Does Tandem Group (LON:TND) Have A Healthy Balance Sheet?
Sep 21Returns On Capital At Tandem Group (LON:TND) Paint A Concerning Picture
Jun 29Tandem Group (LON:TND) Will Pay A Dividend Of £0.0657
Mar 30Tandem Group (LON:TND) Hasn't Managed To Accelerate Its Returns
Jan 13Tandem Group (LON:TND) Has A Somewhat Strained Balance Sheet
Nov 12Tandem Group's (LON:TND) Dividend Will Be £0.0343
Oct 05Tandem Group (LON:TND) Has Announced A Dividend Of £0.0343
Sep 18Here's Why Tandem Group (LON:TND) Can Manage Its Debt Responsibly
Jun 24Tandem Group (LON:TND) Is Increasing Its Dividend To UK£0.066
Apr 28Tandem Group's (LON:TND) Upcoming Dividend Will Be Larger Than Last Year's
Mar 31Does Tandem Group (LON:TND) Deserve A Spot On Your Watchlist?
Mar 15At UK£5.12, Is Tandem Group plc (LON:TND) Worth Looking At Closely?
Jan 26Tandem Group (LON:TND) Is Increasing Its Dividend To UK£0.034
Sep 17Should You Be Adding Tandem Group (LON:TND) To Your Watchlist Today?
Aug 17Tandem Group (LON:TND) Might Have The Makings Of A Multi-Bagger
May 31Calculating The Fair Value Of Tandem Group plc (LON:TND)
Apr 14Tandem Group (LON:TND) Seems To Use Debt Rather Sparingly
Mar 29Is Tandem Group plc's (LON:TND) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Mar 03Here's Why I Think Tandem Group (LON:TND) Is An Interesting Stock
Feb 03Shareholders Are Loving Tandem Group plc's (LON:TND) 0.9% Yield
Jan 12Returns On Capital - An Important Metric For Tandem Group (LON:TND)
Dec 24Tandem Group plc's (LON:TND) Stock Is Going Strong: Is the Market Following Fundamentals?
Dec 03Financial Position Analysis
Short Term Liabilities: TND's short term assets (£11.0M) exceed its short term liabilities (£8.0M).
Long Term Liabilities: TND's short term assets (£11.0M) exceed its long term liabilities (£726.0K).
Debt to Equity History and Analysis
Debt Level: TND's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: TND's debt to equity ratio has reduced from 37.2% to 16.9% over the past 5 years.
Debt Coverage: TND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TND's interest payments on its debt are well covered by EBIT.