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 ZAR1.7B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ZAR25.8B and ZAR8.5B respectively. Tiger Brands's EBIT is ZAR3.0B making its interest coverage ratio 17.2. It has cash and short-term investments of ZAR775.9M.
Key information
9.8%
Debt to equity ratio
R1.70b
Debt
| Interest coverage ratio | 17.2x |
| Cash | R775.90m |
| Equity | R17.30b |
| Total liabilities | R8.53b |
| Total assets | R25.84b |
Recent financial health updates
Here's Why Tiger Brands (JSE:TBS) Can Manage Its Debt Responsibly
Mar 13
These 4 Measures Indicate That Tiger Brands (JSE:TBS) Is Using Debt Reasonably Well
May 31Is Tiger Brands (JSE:TBS) A Risky Investment?
Dec 30Tiger Brands (JSE:TBS) Has A Pretty Healthy Balance Sheet
Jul 11Recent updates
Investor Optimism Abounds Tiger Brands Limited (JSE:TBS) But Growth Is Lacking
Apr 13Here's Why Tiger Brands (JSE:TBS) Can Manage Its Debt Responsibly
Mar 13Investors Met With Slowing Returns on Capital At Tiger Brands (JSE:TBS)
Jan 19Tiger Brands (JSE:TBS) Has Announced That It Will Be Increasing Its Dividend To ZAR6.71
Jan 01Capital Allocation Trends At Tiger Brands (JSE:TBS) Aren't Ideal
Sep 22Tiger Brands (JSE:TBS) Will Pay A Dividend Of ZAR3.20
Jun 02These 4 Measures Indicate That Tiger Brands (JSE:TBS) Is Using Debt Reasonably Well
May 31Tiger Brands (JSE:TBS) Will Be Looking To Turn Around Its Returns
Mar 09Here's Why Shareholders May Want To Be Cautious With Increasing Tiger Brands Limited's (JSE:TBS) CEO Pay Packet
Feb 15Is Tiger Brands (JSE:TBS) A Risky Investment?
Dec 30Tiger Brands (JSE:TBS) Will Be Hoping To Turn Its Returns On Capital Around
Sep 08Is There An Opportunity With Tiger Brands Limited's (JSE:TBS) 22% Undervaluation?
Aug 18Tiger Brands (JSE:TBS) Has A Pretty Healthy Balance Sheet
Jul 11Tiger Brands' (JSE:TBS) Dividend Will Be R3.20
May 28Tiger Brands Limited (JSE:TBS) Not Lagging Market On Growth Or Pricing
May 14Financial Position Analysis
Short Term Liabilities: TBS's short term assets (ZAR12.9B) exceed its short term liabilities (ZAR6.8B).
Long Term Liabilities: TBS's short term assets (ZAR12.9B) exceed its long term liabilities (ZAR1.8B).
Debt to Equity History and Analysis
Debt Level: TBS's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: TBS's debt to equity ratio has increased from 5.7% to 9.8% over the past 5 years.
Debt Coverage: TBS's debt is well covered by operating cash flow (113.8%).
Interest Coverage: TBS's interest payments on its debt are well covered by EBIT (17.2x coverage).