Tasfoods Ltd
TasFoods Limited engages in the processing, manufacture, and sale of Tasmanian-made food products in Australia. It operates through Dairy, Poultry, and Shared Services segments. The company offers poultry meat products under the Nichols Poultry and Nichols Kitchen brands. It also provides fresh milk, cheese, cream, and butter products under the Pyengana Dairy, Meander Valley Dairy, and Betta Milk… Read more
Tasfoods Ltd (TFL) - Total Assets
Latest total assets as of June 2025: AU$22.46 Million AUD
Based on the latest financial reports, Tasfoods Ltd (TFL) holds total assets worth AU$22.46 Million AUD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tasfoods Ltd - Total Assets Trend (1998–2024)
This chart illustrates how Tasfoods Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tasfoods Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Tasfoods Ltd's total assets of AU$22.46 Million consist of 42.2% current assets and 57.8% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$485.00K | 2.0% |
| Accounts Receivable | AU$2.00 Million | 8.4% |
| Inventory | AU$2.23 Million | 9.4% |
| Property, Plant & Equipment | AU$13.36 Million | 56.1% |
| Intangible Assets | AU$413.00K | 1.7% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Tasfoods Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tasfoods Ltd's current assets represent 42.2% of total assets in 2024, a decrease from 98.7% in 1998.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 92.3% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 56.1% of total assets.
Tasfoods Ltd Competitors by Total Assets
Key competitors of Tasfoods Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Tasfoods Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Tasfoods Ltd generates 1.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tasfoods Ltd is currently not profitable relative to its asset base.
Tasfoods Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.71 | 0.98 | 1.00 |
| Quick Ratio | 0.56 | 0.49 | 0.66 |
| Cash Ratio | 0.00 | 0.08 | 0.14 |
| Working Capital | AU$-3.84 Million | AU$ -186.00K | AU$ 6.00K |
Tasfoods Ltd - Advanced Valuation Insights
This section examines the relationship between Tasfoods Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.54 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -32.3% |
| Total Assets | AU$23.83 Million |
| Market Capitalization | $810.25K USD |
Valuation Analysis
Below Book Valuation: The market values Tasfoods Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tasfoods Ltd's assets decreased by 32.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tasfoods Ltd (1998–2024)
The table below shows the annual total assets of Tasfoods Ltd from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$23.83 Million | -32.30% |
| 2023-12-31 | AU$35.20 Million | -10.15% |
| 2022-12-31 | AU$39.18 Million | -19.60% |
| 2021-12-31 | AU$48.74 Million | -14.71% |
| 2020-12-31 | AU$57.14 Million | +3.02% |
| 2019-12-31 | AU$55.47 Million | +34.57% |
| 2018-12-31 | AU$41.22 Million | +1.27% |
| 2017-12-31 | AU$40.70 Million | +2.60% |
| 2016-12-31 | AU$39.67 Million | +489.74% |
| 2015-12-31 | AU$6.73 Million | -88.53% |
| 2014-12-31 | AU$58.65 Million | +24.28% |
| 2013-12-31 | AU$47.19 Million | +9.99% |
| 2012-12-31 | AU$42.90 Million | +4.18% |
| 2011-12-31 | AU$41.18 Million | +5.86% |
| 2010-12-31 | AU$38.90 Million | +1.71% |
| 2009-12-31 | AU$38.24 Million | +11.94% |
| 2008-12-31 | AU$34.16 Million | -0.28% |
| 2007-12-31 | AU$34.26 Million | +36.73% |
| 2006-12-31 | AU$25.06 Million | +52.61% |
| 2005-12-31 | AU$16.42 Million | +327.99% |
| 2004-12-31 | AU$3.84 Million | +331.26% |
| 2003-12-31 | AU$889.54K | -34.43% |
| 2002-12-31 | AU$1.36 Million | +0.37% |
| 2001-12-31 | AU$1.35 Million | -75.18% |
| 2000-12-31 | AU$5.45 Million | -43.27% |
| 1999-12-31 | AU$9.60 Million | +101.73% |
| 1998-12-31 | AU$4.76 Million | -- |