Taiga Building Products Balance Sheet Health
Financial Health criteria checks 6/6
Taiga Building Products has a total shareholder equity of CA$439.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$681.2M and CA$241.8M respectively. Taiga Building Products's EBIT is CA$64.1M making its interest coverage ratio -287.4. It has cash and short-term investments of CA$174.4M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -287.4x |
| Cash | CA$174.38m |
| Equity | CA$439.40m |
| Total liabilities | CA$241.83m |
| Total assets | CA$681.22m |
Recent financial health updates
Recent updates
Taiga Building Products Ltd.'s (TSE:TBL) Price Is Right But Growth Is Lacking
Jun 13
Taiga Building Products (TSE:TBL) Is Reinvesting To Multiply In Value
Mar 11Is Taiga Building Products (TSE:TBL) A Risky Investment?
Feb 11Calculating The Fair Value Of Taiga Building Products Ltd. (TSE:TBL)
Jun 08Shareholders Would Enjoy A Repeat Of Taiga Building Products' (TSE:TBL) Recent Growth In Returns
May 12Could Taiga Building Products (TSE:TBL) Multiply In Value?
Feb 05Are Robust Financials Driving The Recent Rally In Taiga Building Products Ltd.'s (TSE:TBL) Stock?
Dec 31Financial Position Analysis
Short Term Liabilities: TBL's short term assets (CA$522.9M) exceed its short term liabilities (CA$143.9M).
Long Term Liabilities: TBL's short term assets (CA$522.9M) exceed its long term liabilities (CA$97.9M).
Debt to Equity History and Analysis
Debt Level: TBL is debt free.
Reducing Debt: TBL has no debt compared to 5 years ago when its debt to equity ratio was 67.4%.
Debt Coverage: TBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBL has no debt, therefore coverage of interest payments is not a concern.