Tiger Brands Balance Sheet Health
Financial Health criteria checks 5/6
Tiger Brands has a total shareholder equity of ZAR17.3B and total debt of ZAR3.7B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ZAR27.4B and ZAR10.1B respectively. Tiger Brands's EBIT is ZAR2.9B making its interest coverage ratio 12.1. It has cash and short-term investments of ZAR1.0B.
Key information
21.3%
Debt to equity ratio
R3.70b
Debt
| Interest coverage ratio | 12.1x |
| Cash | R1.02b |
| Equity | R17.33b |
| Total liabilities | R10.11b |
| Total assets | R27.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBLM.F's short term assets (ZAR14.1B) exceed its short term liabilities (ZAR8.3B).
Long Term Liabilities: TBLM.F's short term assets (ZAR14.1B) exceed its long term liabilities (ZAR1.8B).
Debt to Equity History and Analysis
Debt Level: TBLM.F's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: TBLM.F's debt to equity ratio has increased from 0.6% to 21.3% over the past 5 years.
Debt Coverage: TBLM.F's debt is well covered by operating cash flow (60.4%).
Interest Coverage: TBLM.F's interest payments on its debt are well covered by EBIT (12.1x coverage).