Tate & Lyle Balance Sheet Health
Financial Health criteria checks 6/6
Tate & Lyle has a total shareholder equity of £1.2B and total debt of £515.0M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are £2.2B and £1.0B respectively. Tate & Lyle's EBIT is £241.0M making its interest coverage ratio -120.5. It has cash and short-term investments of £594.0M.
Key information
43.1%
Debt to equity ratio
UK£515.00m
Debt
| Interest coverage ratio | -120.5x |
| Cash | UK£594.00m |
| Equity | UK£1.20b |
| Total liabilities | UK£1.02b |
| Total assets | UK£2.21b |
Recent financial health updates
Is Tate & Lyle (LON:TATE) A Risky Investment?
Jul 18
Tate & Lyle (LON:TATE) Seems To Use Debt Quite Sensibly
Jan 01Is Tate & Lyle (LON:TATE) Using Too Much Debt?
Jul 14Tate & Lyle (LON:TATE) Seems To Use Debt Quite Sensibly
Mar 24Does Tate & Lyle (LON:TATE) Have A Healthy Balance Sheet?
Dec 06We Think Tate & Lyle (LON:TATE) Can Stay On Top Of Its Debt
Aug 23Recent updates
Analysts Just Published A Bright New Outlook For Tate & Lyle plc's (LON:TATE)
Nov 19Tate & Lyle (LON:TATE) Will Pay A Dividend Of £0.064
Nov 12Tate & Lyle plc's (LON:TATE) Shareholders Might Be Looking For Exit
Nov 07Here's Why We Think Tate & Lyle (LON:TATE) Is Well Worth Watching
Oct 10Tate & Lyle plc (LON:TATE) Shares Could Be 45% Below Their Intrinsic Value Estimate
Sep 19Tate & Lyle plc's (LON:TATE) Price Is Right But Growth Is Lacking
Aug 08Is Tate & Lyle (LON:TATE) A Risky Investment?
Jul 18Tate & Lyle's (LON:TATE) Dividend Will Be £0.129
Jun 09Tate & Lyle's (LON:TATE) Dividend Will Be £0.129
May 26Tate & Lyle plc's (LON:TATE) Popularity With Investors Is Under Threat From Overpricing
May 03Return Trends At Tate & Lyle (LON:TATE) Aren't Appealing
Jan 15Tate & Lyle (LON:TATE) Seems To Use Debt Quite Sensibly
Jan 01Tate & Lyle plc's (LON:TATE) Business Is Yet to Catch Up With Its Share Price
Dec 18Tate & Lyle plc (LON:TATE) Shares Could Be 47% Below Their Intrinsic Value Estimate
Nov 05Tate & Lyle's (LON:TATE) Returns Have Hit A Wall
Oct 05Is Tate & Lyle plc (LON:TATE) Trading At A 28% Discount?
Aug 04Is Tate & Lyle (LON:TATE) Using Too Much Debt?
Jul 14The Returns At Tate & Lyle (LON:TATE) Aren't Growing
Jun 22Tate & Lyle (LON:TATE) Has Announced That It Will Be Increasing Its Dividend To £0.131
May 28Tate & Lyle plc (LON:TATE) Analysts Just Slashed This Year's Revenue Estimates By 12%
May 27Tate & Lyle plc (LON:TATE) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 04Tate & Lyle (LON:TATE) Seems To Use Debt Quite Sensibly
Mar 24A Look At The Intrinsic Value Of Tate & Lyle plc (LON:TATE)
Jan 25Does Tate & Lyle (LON:TATE) Have A Healthy Balance Sheet?
Dec 06Tate & Lyle (LON:TATE) Has Announced That Its Dividend Will Be Reduced To £0.054
Nov 17We Think Tate & Lyle (LON:TATE) Can Stay On Top Of Its Debt
Aug 23Tate & Lyle (LON:TATE) Will Pay A Smaller Dividend Than Last Year
Jun 29Tate & Lyle's (LON:TATE) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 12A Look At The Fair Value Of Tate & Lyle plc (LON:TATE)
Mar 18Does Tate & Lyle (LON:TATE) Have A Healthy Balance Sheet?
Feb 25Financial Position Analysis
Short Term Liabilities: TATE's short term assets (£1.2B) exceed its short term liabilities (£354.0M).
Long Term Liabilities: TATE's short term assets (£1.2B) exceed its long term liabilities (£662.0M).
Debt to Equity History and Analysis
Debt Level: TATE has more cash than its total debt.
Reducing Debt: TATE's debt to equity ratio has reduced from 44.3% to 43.1% over the past 5 years.
Debt Coverage: TATE's debt is well covered by operating cash flow (44.1%).
Interest Coverage: TATE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Tate & Lyle plc is covered by 31 analysts. 5 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 |
|---|---|
| Alexander Sloane | Barclays |
| Samantha Darbyshire | Berenberg |
| James Targett | Berenberg |