Tofutti Brands Balance Sheet Health
Financial Health criteria checks 6/6
Tofutti Brands has a total shareholder equity of $3.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.9M and $620.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$176.00k |
| Equity | US$3.29m |
| Total liabilities | US$620.00k |
| Total assets | US$3.91m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOFB's short term assets ($3.3M) exceed its short term liabilities ($292.0K).
Long Term Liabilities: TOFB's short term assets ($3.3M) exceed its long term liabilities ($328.0K).
Debt to Equity History and Analysis
Debt Level: TOFB is debt free.
Reducing Debt: TOFB has no debt compared to 5 years ago when its debt to equity ratio was 13.6%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TOFB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TOFB has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 19.4% each year.