TFI International Balance Sheet Health
Financial Health criteria checks 3/6
TFI International has a total shareholder equity of $2.6B and total debt of $2.4B, which brings its debt-to-equity ratio to 91.2%. Its total assets and total liabilities are $7.1B and $4.5B respectively. TFI International's EBIT is $669.1M making its interest coverage ratio 4.2. It has cash and short-term investments of $16.4M.
Key information
91.2%
Debt to equity ratio
US$2.40b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$16.43m |
| Equity | US$2.63b |
| Total liabilities | US$4.49b |
| Total assets | US$7.12b |
Recent financial health updates
TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
Mar 14
TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
Oct 22Recent updates
Is Now An Opportune Moment To Examine TFI International Inc. (TSE:TFII)?
Apr 08
Leveraging Daseke Acquisition And Tech Upgrades Will Optimize Efficiency
Mar 14 Strategic cost reductions and asset optimization in U.S. operations aim to boost margins and cash flow positively.TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
Mar 14TFI International Inc. (TSE:TFII) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing
Feb 21TFI International (TSE:TFII) Has Some Way To Go To Become A Multi-Bagger
Jan 31What Does TFI International Inc.'s (TSE:TFII) Share Price Indicate?
Dec 15TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
Oct 22The Price Is Right For TFI International Inc. (TSE:TFII)
Oct 08Returns On Capital At TFI International (TSE:TFII) Have Stalled
Sep 25At CA$203, Is It Time To Put TFI International Inc. (TSE:TFII) On Your Watch List?
Aug 26Investor Optimism Abounds TFI International Inc. (TSE:TFII) But Growth Is Lacking
Jun 17Returns On Capital At TFI International (TSE:TFII) Have Stalled
Jun 03Financial Position Analysis
Short Term Liabilities: TFII's short term assets ($1.1B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: TFII's short term assets ($1.1B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: TFII's net debt to equity ratio (90.6%) is considered high.
Reducing Debt: TFII's debt to equity ratio has increased from 82.4% to 91.2% over the past 5 years.
Debt Coverage: TFII's debt is well covered by operating cash flow (44%).
Interest Coverage: TFII's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/27 07:05 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
TFI International Inc. is covered by 30 analysts. 16 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 |
|---|---|
| Will Chien | Accountability Research Corporation |
| Maxim Sytchev | ATB Capital Markets |
| Fadi Chamoun | BMO Capital Markets Equity Research |