Finning International Balance Sheet Health
Financial Health criteria checks 3/6
Finning International has a total shareholder equity of CA$2.8B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are CA$8.0B and CA$5.2B respectively. Finning International's EBIT is CA$900.0M making its interest coverage ratio 6.8. It has cash and short-term investments of CA$312.0M.
Key information
86.28%
Debt to equity ratio
CA$2.40b
Debt
| Interest coverage ratio | 6.8x |
| Cash | CA$312.00m |
| Equity | CA$2.79b |
| Total liabilities | CA$5.20b |
| Total assets | CA$7.99b |
Recent financial health updates
Finning International (TSE:FTT) Has A Pretty Healthy Balance Sheet
Dec 08
Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet
Jul 22Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?
Feb 27Recent updates
Finning International (TSE:FTT) Has A Pretty Healthy Balance Sheet
Dec 08Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?
Nov 02Market Participants Recognise Finning International Inc.'s (TSE:FTT) Earnings
Oct 19Is There An Opportunity With Finning International Inc.'s (TSE:FTT) 27% Undervaluation?
Sep 22Returns On Capital Are Showing Encouraging Signs At Finning International (TSE:FTT)
Aug 05Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet
Jul 22Is 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 19Financial Position Analysis
Short Term Liabilities: FTT's short term assets (CA$5.7B) exceed its short term liabilities (CA$3.4B).
Long Term Liabilities: FTT's short term assets (CA$5.7B) exceed its long term liabilities (CA$1.8B).
Debt to Equity History and Analysis
Debt Level: FTT's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: FTT's debt to equity ratio has increased from 71.1% to 86.3% over the past 5 years.
Debt Coverage: FTT's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: FTT's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/11 07:46 |
| End of Day Share Price | 2025/12/11 00:00 |
| Earnings | 2025/09/30 |
| 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 16 analysts. 9 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 |