Tofutti Brands Balance Sheet Health
Financial Health criteria checks 6/6
Tofutti Brands has a total shareholder equity of $3.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.6M and $823.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$837.00k |
Equity | US$3.79m |
Total liabilities | US$823.00k |
Total assets | US$4.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOFB's short term assets ($4.2M) exceed its short term liabilities ($793.0K).
Long Term Liabilities: TOFB's short term assets ($4.2M) exceed its long term liabilities ($30.0K).
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 13.4%.
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 3 years based on its current free cash flow.
Forecast Cash Runway: TOFB has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 26.1% each year.