Tiger Brands Balance Sheet Health
Financial Health criteria checks 5/6
Tiger Brands has a total shareholder equity of ZAR18.2B and total debt of ZAR789.5M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ZAR26.5B and ZAR8.3B respectively. Tiger Brands's EBIT is ZAR3.1B making its interest coverage ratio 13.9. It has cash and short-term investments of ZAR1.5B.
Key information
4.3%
Debt to equity ratio
R789.50m
Debt
| Interest coverage ratio | 13.9x |
| Cash | R1.55b |
| Equity | R18.20b |
| Total liabilities | R8.26b |
| Total assets | R26.46b |
Recent financial health updates
Is Tiger Brands (JSE:TBS) Using Too Much Debt?
Aug 15
Here's Why Tiger Brands (JSE:TBS) Can Manage Its Debt Responsibly
Mar 13These 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
Tiger Brands' (JSE:TBS) Profits May Not Reveal Underlying Issues
Dec 12Returns On Capital At Tiger Brands (JSE:TBS) Have Stalled
Nov 22Tiger Brands Limited's (JSE:TBS) Popularity With Investors Is Under Threat From Overpricing
Oct 23Is Tiger Brands (JSE:TBS) Using Too Much Debt?
Aug 15Tiger Brands Limited's (JSE:TBS) Price Is Out Of Tune With Earnings
Jul 19Tiger Brands' (JSE:TBS) Dividend Will Be ZAR3.50
Jun 15Tiger Brands (JSE:TBS) Strong Profits May Be Masking Some Underlying Issues
Jun 03Tiger Brands (JSE:TBS) Has Announced A Dividend Of ZAR3.50
May 30Investor 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 (ZAR13.3B) exceed its short term liabilities (ZAR7.3B).
Long Term Liabilities: TBS's short term assets (ZAR13.3B) exceed its long term liabilities (ZAR925.2M).
Debt to Equity History and Analysis
Debt Level: TBS has more cash than its total debt.
Reducing Debt: TBS's debt to equity ratio has increased from 3.4% to 4.3% over the past 5 years.
Debt Coverage: TBS's debt is well covered by operating cash flow (581.3%).
Interest Coverage: TBS's interest payments on its debt are well covered by EBIT (13.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tiger Brands Limited is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sidharth Saboo | Arqaam Capital Research Offshore S.A.L. |
| Detlef Winckelmann | Arqaam Capital Research Offshore S.A.L. |
| Mpho Matlala | BNP Paribas Securities (Asia) |