Finning International Balance Sheet Health
Financial Health criteria checks 4/6
Finning International has a total shareholder equity of CA$2.7B and total debt of CA$2.3B, which brings its debt-to-equity ratio to 87.3%. Its total assets and total liabilities are CA$8.1B and CA$5.4B respectively. Finning International's EBIT is CA$846.0M making its interest coverage ratio 5.8. It has cash and short-term investments of CA$433.0M.
Key information
87.26%
Debt to equity ratio
CA$2.34b
Debt
| Interest coverage ratio | 5.8x |
| Cash | CA$433.00m |
| Equity | CA$2.68b |
| Total liabilities | CA$5.43b |
| Total assets | CA$8.10b |
Recent financial health updates
Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?
Feb 27
Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet
Sep 17Recent updates
Is It Too Late To Consider Buying Finning International Inc. (TSE:FTT)?
Jul 09Estimating The Intrinsic Value Of Finning International Inc. (TSE:FTT)
Jun 12Finning International (TSE:FTT) Will Pay A Larger Dividend Than Last Year At CA$0.3025
May 16What Finning International Inc.'s (TSE:FTT) 28% Share Price Gain Is Not Telling You
May 14Most Shareholders Will Probably Find That The CEO Compensation For Finning International Inc. (TSE:FTT) Is Reasonable
May 07Returns At Finning International (TSE:FTT) Are On The Way Up
May 04Is Finning International Inc. (TSE:FTT) Potentially Undervalued?
Apr 06Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?
Feb 27Finning International Inc.'s (TSE:FTT) Earnings Are Not Doing Enough For Some Investors
Jan 16
Booming South American Mining And Data Center Demand Propel Growth And Profits
Continued demand in South America's mining sector and investments in capacity are expected to enhance revenue, margins, and earnings growth.Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 43% Above Its Share Price
Dec 19Finning International (TSE:FTT) Is Doing The Right Things To Multiply Its Share Price
Dec 06Should You Think About Buying Finning International Inc. (TSE:FTT) Now?
Nov 14Finning International Inc. (TSE:FTT) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 01Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet
Sep 17Finning International (TSE:FTT) Knows How To Allocate Capital Effectively
Aug 22Financial Position Analysis
Short Term Liabilities: FTT's short term assets (CA$5.6B) exceed its short term liabilities (CA$3.5B).
Long Term Liabilities: FTT's short term assets (CA$5.6B) exceed its long term liabilities (CA$1.9B).
Debt to Equity History and Analysis
Debt Level: FTT's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: FTT's debt to equity ratio has increased from 85.5% to 87.3% over the past 5 years.
Debt Coverage: FTT's debt is well covered by operating cash flow (57.3%).
Interest Coverage: FTT's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/20 07:41 |
| End of Day Share Price | 2025/07/18 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
Finning International Inc. is covered by 20 analysts. 8 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 |
|---|---|
| Devin Dodge | BMO Capital Markets Equity Research |
| null null | BMO Capital Markets Equity Research |
| Sherif El-Sabbahy | BofA Global Research |