Transurban Group Balance Sheet Health
Financial Health criteria checks 1/6
Transurban Group has a total shareholder equity of A$11.7B and total debt of A$20.3B, which brings its debt-to-equity ratio to 173.9%. Its total assets and total liabilities are A$36.7B and A$25.0B respectively. Transurban Group's EBIT is A$1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of A$2.4B.
Key information
173.9%
Debt to equity ratio
AU$20.31b
Debt
| Interest coverage ratio | 2.1x |
| Cash | AU$2.43b |
| Equity | AU$11.68b |
| Total liabilities | AU$25.02b |
| Total assets | AU$36.69b |
Recent financial health updates
Is Transurban Group (ASX:TCL) A Risky Investment?
Aug 26
Is Transurban Group (ASX:TCL) Using Too Much Debt?
Mar 30Transurban Group (ASX:TCL) Has A Somewhat Strained Balance Sheet
Dec 09Does Transurban Group (ASX:TCL) Have A Healthy Balance Sheet?
Sep 07Is Transurban Group (ASX:TCL) A Risky Investment?
May 31Transurban Group (ASX:TCL) Has A Somewhat Strained Balance Sheet
Mar 01Recent updates
Revenues Not Telling The Story For Transurban Group (ASX:TCL)
Sep 13Is Transurban Group (ASX:TCL) A Risky Investment?
Aug 26Earnings Miss: Transurban Group Missed EPS By 11% And Analysts Are Revising Their Forecasts
Aug 09Is Transurban Group (ASX:TCL) Worth AU$12.6 Based On Its Intrinsic Value?
Jun 13Transurban Group's (ASX:TCL) Share Price Not Quite Adding Up
May 24Is Transurban Group (ASX:TCL) Using Too Much Debt?
Mar 30Here's Why We Think Transurban Group (ASX:TCL) Is Well Worth Watching
Mar 08Transurban Group's (ASX:TCL) Share Price Could Signal Some Risk
Jan 31Transurban Group (ASX:TCL) Will Pay A Dividend Of A$0.30
Dec 20Transurban Group (ASX:TCL) Has A Somewhat Strained Balance Sheet
Dec 09Calculating The Fair Value Of Transurban Group (ASX:TCL)
Oct 16Does Transurban Group (ASX:TCL) Have A Healthy Balance Sheet?
Sep 07Is Transurban Group (ASX:TCL) A Risky Investment?
May 31Transurban Group (ASX:TCL) Has A Somewhat Strained Balance Sheet
Mar 01Calculating The Fair Value Of Transurban Group (ASX:TCL)
Jan 12Is Transurban Group (ASX:TCL) Using Too Much Debt?
Oct 13Transurban Group (ASX:TCL) Shares Could Be 34% Below Their Intrinsic Value Estimate
Sep 15Transurban Group (ASX:TCL) Is Paying Out A Larger Dividend Than Last Year
Jun 22Transurban Group (ASX:TCL) Has A Somewhat Strained Balance Sheet
May 26Calculating The Intrinsic Value Of Transurban Group (ASX:TCL)
May 05Is Transurban Group (ASX:TCL) Using Too Much Debt?
Feb 17A Look At The Intrinsic Value Of Transurban Group (ASX:TCL)
Jan 26Transurban Group (ASX:TCL) Has Announced A Dividend Of AU$0.15
Dec 27Transurban Group (ASX:TCL) Has Re-Affirmed Its Dividend Of AU$0.15
Dec 07Does Transurban Group (ASX:TCL) Have A Healthy Balance Sheet?
Nov 07We Think Some Shareholders May Hesitate To Increase Transurban Group's (ASX:TCL) CEO Compensation
Oct 14Estimating The Intrinsic Value Of Transurban Group (ASX:TCL)
Sep 08Transurban Group's (ASX:TCL) Dividend Will Be Increased To AU$0.21
Jun 27Estimating The Fair Value Of Transurban Group (ASX:TCL)
Jun 03Is Transurban Group (ASX:TCL) A Risky Investment?
Mar 25Know This Before Buying Transurban Group (ASX:TCL) For Its Dividend
Mar 07Trade Alert: The Independent Non-Executive Director Of Transurban Group (ASX:TCL), Robert Whitfield, Has Just Spent AU$130k Buying A Few More Shares
Feb 18
Estimating The Intrinsic Value Of Transurban Group (ASX:TCL)
Feb 12Financial Position Analysis
Short Term Liabilities: TCL's short term assets (A$2.8B) do not cover its short term liabilities (A$3.7B).
Long Term Liabilities: TCL's short term assets (A$2.8B) do not cover its long term liabilities (A$21.3B).
Debt to Equity History and Analysis
Debt Level: TCL's net debt to equity ratio (153.2%) is considered high.
Reducing Debt: TCL's debt to equity ratio has reduced from 191.6% to 173.9% over the past 5 years.
Debt Coverage: TCL's debt is not well covered by operating cash flow (8%).
Interest Coverage: TCL's interest payments on its debt are not well covered by EBIT (2.1x coverage).