Tandy Leather Financials
Tandy Leather (TLF) reported $76.3M in revenue for fiscal year 2025, up 2.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Merchandise margins stayed steady, but overhead pressure and non-operating cash movements became the main drivers of reported results.
From FY2023 to FY2025, gross margin stayed in the high-50s even as operating margin slid from5.8% to-1.3% , so the squeeze is happening below the merchandise line rather than in core product economics. FY2025 still showed$9.1M of net income while operating cash flow was-$556K , a sharp gap that points to earnings support outside the year’s normal selling activity.
The balance sheet looks liquid on the surface, with a current ratio above 5.0x even after a weaker operating year. But inventory of
Cash increased to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tandy Leather's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tandy Leather has an operating margin of -1.3%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 37/100. This is down from 0.8% the prior year.
Tandy Leather's revenue grew a modest 2.6% year-over-year to $76.3M. This slow but positive growth earns a score of 32/100.
Tandy Leather has a moderate D/E ratio of 0.65. This balance of debt and equity financing earns a leverage score of 55/100.
With a current ratio of 5.16, Tandy Leather holds $5.16 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 90/100.
Tandy Leather's operations used $556K of cash, and capex of $7.5M added to the outflow, for a free cash flow shortfall of $8.1M. This results in a cash flow score of 21/100.
Tandy Leather's ROE of 17.3% shows moderate profitability relative to equity, earning a score of 37/100. This is up from 1.5% the prior year.
Tandy Leather scores 2.77, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Tandy Leather passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Tandy Leather used $0.06 of operating cash (-$556K OCF vs $9.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Tandy Leather reported an operating loss of $963K against $552K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Tandy Leather generated $76.3M in revenue in fiscal year 2025. This represents an increase of 2.6% from the prior year.
Tandy Leather's EBITDA was -$63K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 103.4% from the prior year.
Tandy Leather reported $9.1M in net income in fiscal year 2025. This represents an increase of 1000.6% from the prior year.
Tandy Leather earned $1.10 per diluted share (EPS) in fiscal year 2025. This represents an increase of 1122.2% from the prior year.
Cash & Balance Sheet
Tandy Leather recorded an outflow of $8.1M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 617.1% from the prior year.
Tandy Leather held $16.1M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Tandy Leather's gross margin was 57.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Tandy Leather's operating margin was -1.3% in fiscal year 2025, reflecting core business profitability. This is down 2.1 percentage points from the prior year.
Tandy Leather's net profit margin was 11.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 10.8 percentage points from the prior year.
Tandy Leather's ROE was 17.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 15.9 percentage points from the prior year.
Capital Allocation
Tandy Leather spent $1.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Tandy Leather invested $7.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 152.7% from the prior year.
Not reported for fiscal year 2025.
TLF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77.2M | $76.3M+2.6% | $74.4M-2.4% | $76.2M-5.1% | $80.3M-2.8% | $82.7M+29.0% | $64.1M-14.5% | $74.9M-10.0% | $83.2M+0.9% | $82.4M-0.6% | $82.9M-1.5% | $84.2M+0.9% | $83.4M+6.6% | $78.3M+7.7% | $72.7M+10.0% | $66.1M |
| Cost of Revenue | $31.3M | $32.8M+0.6% | $32.6M+4.9% | $31.1M-8.2% | $33.8M-5.1% | $35.7M+27.2% | $28.0M-15.0% | $33.0M+2.2% | $32.3M-3.2% | $33.3M+6.8% | $31.2M-2.7% | $32.1M+2.5% | $31.3M+8.1% | $29.0M+8.0% | $26.8M+4.1% | $25.8M |
| Gross Profit | $45.9M | $43.5M+4.2% | $41.8M-7.4% | $45.2M-2.9% | $46.5M-1.1% | $47.0M+30.3% | $36.1M-14.1% | $42.0M-17.6% | $50.9M+3.8% | $49.1M-5.1% | $51.7M-0.7% | $52.1M-0.1% | $52.1M+5.7% | $49.3M+7.5% | $45.9M+13.8% | $40.3M |
| Operating Income | -$383K | -$963K-253.3% | $628K-85.8% | $4.4M+217.7% | $1.4M-39.7% | $2.3M+136.2% | -$6.3M-144.4% | -$2.6M-143.6% | $6.0M-6.5% | $6.4M-38.1% | $10.3M-1.7% | $10.5M-12.4% | $12.0M+6.1% | $11.3M+23.2% | $9.1M+18.7% | $7.7M |
| Interest Expense | $364K | $552K+66.8% | $331K+255.9% | $93K+933.3% | $9K-43.8% | $16K+128.6% | $7K-80.6% | $36K-88.2% | $305K+48.4% | $206K+32.5% | $155K-53.0% | $330K+46.3% | $226K+9.1% | $207K-14.2% | $241K-3.1% | $249K |
| Income Tax | -$641K | $3.2M+1111.4% | $264K-66.0% | $777K+329.3% | $181K-78.4% | $839K+160.9% | -$1.4M-99.7% | -$690K-138.0% | $1.8M-53.0% | $3.9M+1.6% | $3.8M-0.4% | $3.8M-6.9% | $4.1M+3.7% | $4.0M+18.1% | $3.3M+20.2% | $2.8M |
| Net Income | -$1.5M | $9.1M+1000.6% | $827K-78.2% | $3.8M+208.6% | $1.2M-9.4% | $1.4M+127.6% | -$4.9M-157.5% | -$1.9M-143.3% | $4.4M+77.5% | $2.5M-61.3% | $6.4M0.0% | $6.4M-16.9% | $7.7M+6.1% | $7.3M+29.8% | $5.6M+17.7% | $4.8M |
| EPS (Diluted) | — | $1.10+1122.2% | $0.09-80.0% | $0.45+200.0% | $0.15-6.3% | $0.16+129.6% | -$0.54-157.1% | -$0.21-143.8% | $0.48+77.8% | $0.27-60.9% | $0.69+9.5% | $0.63-16.0% | $0.75+5.6% | $0.71+29.1% | $0.55+17.0% | $0.47 |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
TLF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $86.6M+15.6% | $74.9M+3.9% | $72.1M+5.2% | $68.6M-6.2% | $73.1M-3.4% | $75.7M-5.5% | $80.1M+4.3% | $76.8M+5.4% | $72.9M+3.1% | $70.7M+9.4% | $64.6M+2.8% | $62.9M+11.5% | $56.4M+14.9% | $49.1M+7.9% | $45.5M |
| Current Assets | $50.6M+0.1% | $50.5M-1.4% | $51.3M+8.5% | $47.3M-6.3% | $50.4M-1.1% | $51.0M-2.9% | $52.5M-12.2% | $59.8M+9.1% | $54.8M+2.8% | $53.3M+12.9% | $47.2M+1.9% | $46.4M+14.3% | $40.5M+13.7% | $35.7M+5.9% | $33.7M |
| Cash & Equivalents | $16.1M+21.2% | $13.3M+9.1% | $12.2M+52.5% | $8.0M-21.5% | $10.2M-1.7% | $10.3M-35.1% | $15.9M-33.9% | $24.1M+33.1% | $18.1M+7.2% | $16.9M+53.8% | $11.0M+3.1% | $10.6M-4.0% | $11.1M+43.8% | $7.7M-28.4% | $10.8M |
| Inventory | $33.2M-6.5% | $35.6M-6.4% | $38.0M-0.6% | $38.2M+0.4% | $38.1M+3.5% | $36.8M+53.0% | $24.0M-27.8% | $33.3M-3.6% | $34.5M+4.1% | $33.2M-1.2% | $33.6M+2.2% | $32.9M+25.0% | $26.3M+1.7% | $25.9M+29.7% | $19.9M |
| Accounts Receivable | $425K+28.4% | $331K+10.3% | $300K-25.0% | $400K-33.3% | $600K+50.0% | $400K-2.2% | $409K+0.2% | $408K-11.5% | $461K-17.8% | $561K+1.4% | $553K-11.5% | $625K-18.0% | $762K-7.3% | $823K-38.1% | $1.3M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $955K-0.8% | $963K+0.7% | $956K+0.3% | $953K-1.9% | $972K-1.0% | $982K-0.9% | $991K+0.4% | $987K |
| Total Liabilities | $34.0M+91.6% | $17.8M+12.6% | $15.8M-7.8% | $17.1M-20.7% | $21.6M-8.1% | $23.5M-0.8% | $23.7M+28.1% | $18.5M+9.0% | $17.0M-6.3% | $18.1M+32.8% | $13.6M-0.8% | $13.8M+16.8% | $11.8M+1.8% | $11.6M+4.5% | $11.1M |
| Current Liabilities | $9.8M-0.9% | $9.9M+10.7% | $8.9M+0.7% | $8.9M-27.3% | $12.2M-5.5% | $12.9M+5.6% | $12.2M+51.5% | $8.1M-4.1% | $8.4M+2.2% | $8.2M-1.0% | $8.3M-19.5% | $10.4M+26.7% | $8.2M+4.0% | $7.9M+10.6% | $7.1M |
| Long-Term Debt | N/A | N/A | N/A | $0-100.0% | $336K-24.7% | $446K | $0-100.0% | $8.4M+25.0% | $6.8M0.0% | $6.8M+94.2% | $3.5M+79.3% | $1.9M-19.0% | $2.4M-17.4% | $2.9M-6.5% | $3.1M |
| Total Equity | $52.6M-8.0% | $57.2M+1.4% | $56.3M+9.5% | $51.5M-0.1% | $51.5M-1.3% | $52.2M-7.5% | $56.4M-3.2% | $58.3M+4.3% | $55.9M+6.4% | $52.5M+3.1% | $51.0M+3.8% | $49.1M+10.1% | $44.6M+18.9% | $37.5M+9.0% | $34.4M |
| Retained Earnings | $60.8M-5.6% | $64.5M+1.3% | $63.7M+6.3% | $59.9M+2.1% | $58.7M+2.4% | $57.3M-7.9% | $62.2M-3.5% | $64.5M+7.3% | $60.1M+1.0% | $59.5M+12.1% | $53.1M+13.7% | $46.7M+12.4% | $41.5M+21.2% | $34.2M+9.8% | $31.2M |
TLF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.2M | -$556K-112.2% | $4.5M+0.2% | $4.5M+293.2% | $1.2M-68.9% | $3.7M+129.7% | -$12.5M-219.6% | $10.5M+34.7% | $7.8M+215.2% | $2.5M-68.1% | $7.7M-5.8% | $8.2M+596.2% | $1.2M-84.4% | $7.5M+294.0% | $1.9M-70.9% | $6.6M |
| Capital Expenditures | $3.5M | $7.5M+152.7% | $3.0M+417.9% | $576K-9.3% | $635K-36.6% | $1.0M-23.8% | $1.3M+388.1% | $269K-75.3% | $1.1M-35.7% | $1.7M-0.3% | $1.7M-21.5% | $2.2M-1.8% | $2.2M-41.5% | $3.8M+40.3% | $2.7M+144.1% | $1.1M |
| Free Cash Flow | -$2.3M | -$8.1M-617.1% | $1.6M-60.5% | $4.0M+663.2% | $519K-80.9% | $2.7M+119.6% | -$13.8M-235.7% | $10.2M+52.6% | $6.7M+763.7% | $774K-87.2% | $6.0M-0.2% | $6.0M+687.9% | -$1.0M-127.2% | $3.8M+588.1% | -$772K-114.1% | $5.5M |
| Investing Cash Flow | -$3.5M | $17.4M+682.0% | -$3.0M-417.9% | -$576K+7.8% | -$625K+37.6% | -$1.0M-116.0% | $6.3M+168.3% | -$9.2M-763.5% | -$1.1M+36.0% | -$1.7M-7.2% | -$1.5M+28.5% | -$2.2M+0.4% | -$2.2M+42.4% | -$3.8M-67.1% | -$2.3M-2318.1% | $102K |
| Financing Cash Flow | -$7.4M | -$14.1M-1410700.0% | -$1K+96.2% | -$26K+98.8% | -$2.2M+21.8% | -$2.8M-767.5% | $416K+104.3% | -$9.7M-16929.4% | -$57K-137.8% | $151K+259.4% | -$95K+98.3% | -$5.7M-1143.2% | $547K+239.5% | -$392K+85.6% | -$2.7M-1242.0% | -$203K |
| Dividends Paid | $6.1M | $12.7M | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $2.5M | N/A | $2.5M | N/A |
| Share Buybacks | N/A | $1.4M | $0-100.0% | $11K-99.4% | $1.8M-34.3% | $2.7M | $0-100.0% | $735K-55.5% | $1.7M | $0-100.0% | $3.7M-0.9% | $3.7M | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
TLF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.0%+0.9pp | 56.2%-3.1pp | 59.3%+1.4pp | 57.9%+1.0pp | 56.9%+0.6pp | 56.3%+0.3pp | 56.0%-5.2pp | 61.2%+1.7pp | 59.6%-2.8pp | 62.4%+0.5pp | 61.9%-0.6pp | 62.5%-0.5pp | 63.0%-0.1pp | 63.1%+2.1pp | 61.0% |
| Operating Margin | -1.3%-2.1pp | 0.8%-5.0pp | 5.8%+4.1pp | 1.7%-1.0pp | 2.8%+12.7pp | -9.9%-6.4pp | -3.5%-10.6pp | 7.2%-0.6pp | 7.7%-4.7pp | 12.4%0.0pp | 12.4%-1.9pp | 14.3%-0.1pp | 14.4%+1.8pp | 12.6%+0.9pp | 11.7% |
| Net Margin | 11.9%+10.8pp | 1.1%-3.9pp | 5.0%+3.4pp | 1.5%-0.1pp | 1.6%+9.3pp | -7.6%-5.1pp | -2.5%-7.8pp | 5.3%+2.3pp | 3.0%-4.7pp | 7.7%+0.1pp | 7.6%-1.6pp | 9.2%0.0pp | 9.3%+1.6pp | 7.7%+0.5pp | 7.2% |
| Return on Equity | 17.3%+15.9pp | 1.5%-5.3pp | 6.7%+4.3pp | 2.4%-0.2pp | 2.6%+12.0pp | -9.4%-6.0pp | -3.4%-10.9pp | 7.5%+3.1pp | 4.4%-7.8pp | 12.2%-0.4pp | 12.6%-3.1pp | 15.7%-0.6pp | 16.3%+1.4pp | 14.9%+1.1pp | 13.8% |
| Return on Assets | 10.5%+9.4pp | 1.1%-4.1pp | 5.3%+3.5pp | 1.8%-0.1pp | 1.8%+8.3pp | -6.5%-4.1pp | -2.4%-8.1pp | 5.7%+2.3pp | 3.4%-5.7pp | 9.1%-0.8pp | 9.9%-2.4pp | 12.3%-0.6pp | 12.9%+1.5pp | 11.4%+1.0pp | 10.4% |
| Current Ratio | 5.16+0.1x | 5.11-0.6x | 5.74+0.4x | 5.33+1.2x | 4.13+0.2x | 3.95-0.3x | 4.29-3.1x | 7.41+0.9x | 6.510.0x | 6.47+0.8x | 5.67+1.2x | 4.48-0.5x | 4.96+0.4x | 4.54-0.2x | 4.74 |
| Debt-to-Equity | 0.65+0.3x | 0.310.0x | 0.28+0.3x | 0.000.0x | 0.010.0x | 0.010.0x | 0.00-0.1x | 0.140.0x | 0.120.0x | 0.13+0.1x | 0.070.0x | 0.040.0x | 0.050.0x | 0.080.0x | 0.09 |
| FCF Margin | -10.6%-12.7pp | 2.1%-3.1pp | 5.2%+4.5pp | 0.7%-2.6pp | 3.3%+24.9pp | -21.6%-35.2pp | 13.6%+5.6pp | 8.0%+7.1pp | 0.9%-6.3pp | 7.3%+0.1pp | 7.2%+8.4pp | -1.2%-6.0pp | 4.8%+5.9pp | -1.1%-9.3pp | 8.3% |
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Where Tandy Leather Ranks
Frequently Asked Questions
What is Tandy Leather's annual revenue?
Tandy Leather (TLF) reported $76.3M in total revenue for fiscal year 2025. This represents a 2.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tandy Leather's revenue growing?
Tandy Leather (TLF) revenue grew by 2.6% year-over-year, from $74.4M to $76.3M in fiscal year 2025.
Is Tandy Leather profitable?
Yes, Tandy Leather (TLF) reported a net income of $9.1M in fiscal year 2025, with a net profit margin of 11.9%.
What is Tandy Leather's EBITDA?
Tandy Leather (TLF) had EBITDA of -$63K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Tandy Leather's gross margin?
Tandy Leather (TLF) had a gross margin of 57.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tandy Leather's operating margin?
Tandy Leather (TLF) had an operating margin of -1.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Tandy Leather's net profit margin?
Tandy Leather (TLF) had a net profit margin of 11.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Tandy Leather's return on equity (ROE)?
Tandy Leather (TLF) has a return on equity of 17.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Tandy Leather's free cash flow?
Tandy Leather (TLF) recorded an outflow of $8.1M in free cash flow during fiscal year 2025. This represents a -617.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tandy Leather's operating cash flow?
Tandy Leather (TLF) recorded an outflow of $556K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Tandy Leather's total assets?
Tandy Leather (TLF) had $86.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tandy Leather's capital expenditures?
Tandy Leather (TLF) invested $7.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Tandy Leather's current ratio?
Tandy Leather (TLF) had a current ratio of 5.16 as of fiscal year 2025, which is generally considered healthy.
What is Tandy Leather's debt-to-equity ratio?
Tandy Leather (TLF) had a debt-to-equity ratio of 0.65 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tandy Leather's return on assets (ROA)?
Tandy Leather (TLF) had a return on assets of 10.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Tandy Leather's cash runway?
Based on fiscal year 2025 data, Tandy Leather (TLF) had $16.1M in cash against an annual operating cash burn of $556K. This gives an estimated cash runway of approximately 347 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Tandy Leather's Altman Z-Score?
Tandy Leather (TLF) has an Altman Z-Score of 2.77, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tandy Leather's Piotroski F-Score?
Tandy Leather (TLF) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tandy Leather's earnings high quality?
For every $1 of reported earnings, Tandy Leather (TLF) used $0.06 of operating cash (-$556K OCF vs $9.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tandy Leather cover its interest payments?
Tandy Leather (TLF) reported an operating loss of $963K against $552K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tandy Leather?
Tandy Leather (TLF) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.