Tefron Balance Sheet Health
Financial Health criteria checks 6/6
Tefron has a total shareholder equity of $60.3M and total debt of $21.5M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are $141.4M and $81.1M respectively. Tefron's EBIT is $19.5M making its interest coverage ratio 5.4. It has cash and short-term investments of $7.7M.
Key information
35.6%
Debt to equity ratio
US$21.47m
Debt
Interest coverage ratio | 5.4x |
Cash | US$7.68m |
Equity | US$60.34m |
Total liabilities | US$81.10m |
Total assets | US$141.43m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TFRF.F's short term assets ($106.6M) exceed its short term liabilities ($64.3M).
Long Term Liabilities: TFRF.F's short term assets ($106.6M) exceed its long term liabilities ($16.8M).
Debt to Equity History and Analysis
Debt Level: TFRF.F's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: TFRF.F's debt to equity ratio has reduced from 107.5% to 35.6% over the past 5 years.
Debt Coverage: TFRF.F's debt is well covered by operating cash flow (225.4%).
Interest Coverage: TFRF.F's interest payments on its debt are well covered by EBIT (5.4x coverage).