Finning International Balance Sheet Health
Financial Health criteria checks 3/6
Finning International has a total shareholder equity of CA$2.5B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are CA$7.6B and CA$5.0B respectively. Finning International's EBIT is CA$934.0M making its interest coverage ratio 6.2. It has cash and short-term investments of CA$177.0M.
Key information
94.3%
Debt to equity ratio
CA$2.39b
Debt
Interest coverage ratio | 6.2x |
Cash | CA$177.00m |
Equity | CA$2.53b |
Total liabilities | CA$5.03b |
Total assets | CA$7.56b |
Recent financial health updates
These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively
Nov 29Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?
Apr 04Is Finning International (TSE:FTT) Using Too Much Debt?
Dec 26Finning International (TSE:FTT) Seems To Use Debt Quite Sensibly
Sep 16We Think Finning International (TSE:FTT) Can Stay On Top Of Its Debt
May 31Recent updates
Is It Too Late To Consider Buying Finning International Inc. (TSE:FTT)?
Apr 12Why Investors Shouldn't Be Surprised By Finning International Inc.'s (TSE:FTT) Low P/E
Mar 01Is There An Opportunity With Finning International Inc.'s (TSE:FTT) 40% Undervaluation?
Jan 23When Should You Buy Finning International Inc. (TSE:FTT)?
Jan 10Finning International (TSE:FTT) Could Become A Multi-Bagger
Dec 26These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively
Nov 29Here's Why We Think Finning International (TSE:FTT) Is Well Worth Watching
Nov 01Is There Now An Opportunity In Finning International Inc. (TSE:FTT)?
Sep 18Shareholders Would Enjoy A Repeat Of Finning International's (TSE:FTT) Recent Growth In Returns
Sep 03Finning International Inc. (TSE:FTT) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 08Is Now The Time To Look At Buying Finning International Inc. (TSE:FTT)?
Jun 20Finning International (TSE:FTT) Is Increasing Its Dividend To CA$0.25
May 13Is Now The Time To Put Finning International (TSE:FTT) On Your Watchlist?
May 03Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?
Apr 04Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 67% Above Its Share Price
Mar 22We Think Finning International (TSE:FTT) Might Have The DNA Of A Multi-Bagger
Mar 09Is Finning International Inc. (TSE:FTT) Potentially Undervalued?
Feb 09Do Finning International's (TSE:FTT) Earnings Warrant Your Attention?
Jan 26Is Finning International (TSE:FTT) Using Too Much Debt?
Dec 26Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 71% Above Its Share Price
Dec 12There's Been No Shortage Of Growth Recently For Finning International's (TSE:FTT) Returns On Capital
Nov 25Should You Be Adding Finning International (TSE:FTT) To Your Watchlist Today?
Oct 25What Is Finning International Inc.'s (TSE:FTT) Share Price Doing?
Oct 12Finning International (TSE:FTT) Seems To Use Debt Quite Sensibly
Sep 16Returns Are Gaining Momentum At Finning International (TSE:FTT)
Aug 25Is Finning International Inc. (TSE:FTT) Trading At A 43% Discount?
Aug 14If EPS Growth Is Important To You, Finning International (TSE:FTT) Presents An Opportunity
Jul 19Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?
Jul 01We Think Finning International (TSE:FTT) Can Stay On Top Of Its Debt
May 31Finning International (TSE:FTT) Has Announced That It Will Be Increasing Its Dividend To CA$0.24
May 13Finning International's (TSE:FTT) Returns On Capital Are Heading Higher
May 10Is Now The Time To Put Finning International (TSE:FTT) On Your Watchlist?
Apr 04Financial Position Analysis
Short Term Liabilities: FTT's short term assets (CA$4.9B) exceed its short term liabilities (CA$3.5B).
Long Term Liabilities: FTT's short term assets (CA$4.9B) exceed its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: FTT's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: FTT's debt to equity ratio has increased from 71.5% to 94.3% over the past 5 years.
Debt Coverage: FTT's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: FTT's interest payments on its debt are well covered by EBIT (6.2x coverage).