Tia.Ax

TIA.AX has a debt-to-equity ratio of 1.99, indicating a relatively high level of leverage, which is above the typical threshold for conservative capital structures in the real estate industry. The company's current ratio of 2.37 suggests it has sufficient short-term assets to cover its short-term liabilities, but the negative net cash position after subtracting total debt raises concerns about liquidity.

In terms of profitability, TIA.AX reports a return on equity (ROE) of 24.96% and a return on assets (ROA) of 8.3%. These figures are strong compared to the industry median, indicating efficient use of equity and assets to generate returns. The operating margin, calculated as operating income divided by revenue, is 34.63%, which is also above the industry median, suggesting effective cost control and operational efficiency.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes. The absence of segment or geographic breakdown in the financial data limits the ability to assess risk and growth potential across different markets.

TIA.AX's growth trajectory is modest, with a current FY revenue of 84.04 million AUD and a net income of 23.42 million AUD. The company's capital expenditure is minimal at -2,000 AUD, indicating a focus on maintaining rather than expanding its asset base. The outlook for the next fiscal year is not explicitly provided, but the low dilution risk and stable share count suggest a conservative approach to capital structure.

The risk assessment for TIA.AX highlights medium liquidity risk and low dilution risk. The key flag of negative net cash after subtracting total debt indicates potential challenges in meeting short-term obligations without additional financing. The company's debt load, while not immediately threatening, could become a concern if interest rates rise or if the company faces unexpected liquidity needs.

Recent events, including the latest financial filing and analyst estimates, show that TIA.AX's last actual EPS was 0.49 AUD, and the last actual revenue was 67.18 million AUD. These figures are below the reported revenue of 84.04 million AUD, suggesting a possible discrepancy or a recent improvement in performance. The company's financial health and operational efficiency are underpinned by strong cash flow generation, with operating cash flow of 70.58 million AUD and free cash flow of 23.5 million AUD.