Tandy Leather Factory Balance Sheet Health
Financial Health criteria checks 6/6
Tandy Leather Factory has a total shareholder equity of $57.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $73.0M and $15.4M respectively. Tandy Leather Factory's EBIT is $2.2M making its interest coverage ratio -6.1. It has cash and short-term investments of $10.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -6.1x |
| Cash | US$10.06m |
| Equity | US$57.62m |
| Total liabilities | US$15.42m |
| Total assets | US$73.04m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TLF's short term assets ($50.4M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: TLF's short term assets ($50.4M) exceed its long term liabilities ($7.5M).
Debt to Equity History and Analysis
Debt Level: TLF is debt free.
Reducing Debt: TLF had no debt 5 years ago.
Debt Coverage: TLF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TLF has no debt, therefore coverage of interest payments is not a concern.