T&G Global Balance Sheet Health
Financial Health criteria checks 2/6
T&G Global has a total shareholder equity of NZ$493.0M and total debt of NZ$293.1M, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are NZ$1.2B and NZ$719.8M respectively.
Key information
59.5%
Debt to equity ratio
NZ$293.12m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$53.43m |
| Equity | NZ$493.00m |
| Total liabilities | NZ$719.80m |
| Total assets | NZ$1.21b |
Recent financial health updates
Recent updates
Some Confidence Is Lacking In T&G Global Limited's (NZSE:TGG) P/S
Nov 28
We Think T&G Global (NZSE:TGG) Is Taking Some Risk With Its Debt
Mar 02Investors Who Bought T&G Global (NZSE:TGG) Shares Five Years Ago Are Now Up 42%
Dec 29Does T&G Global's (NZSE:TGG) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 22
Financial Position Analysis
Short Term Liabilities: TGG's short term assets (NZ$498.0M) exceed its short term liabilities (NZ$364.8M).
Long Term Liabilities: TGG's short term assets (NZ$498.0M) exceed its long term liabilities (NZ$355.0M).
Debt to Equity History and Analysis
Debt Level: TGG's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: TGG's debt to equity ratio has increased from 57.9% to 59.5% over the past 5 years.
Debt Coverage: TGG's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: Insufficient data to determine if TGG's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:41 |
| End of Day Share Price | 2024/12/30 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
T&G Global Limited is covered by 1 analysts. 0 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 |
|---|---|
| John Cairns | Forsyth Barr Group Ltd. |