TELUS International (Cda) Balance Sheet Health
Financial Health criteria checks 3/6
TELUS International (Cda) has a total shareholder equity of $2.0B and total debt of $1.3B, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are $4.7B and $2.6B respectively. TELUS International (Cda)'s EBIT is $159.0M making its interest coverage ratio 1.1. It has cash and short-term investments of $152.0M.
Key information
64.6%
Debt to equity ratio
US$1.32b
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$152.00m |
| Equity | US$2.05b |
| Total liabilities | US$2.63b |
| Total assets | US$4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIXT's short term assets ($720.0M) exceed its short term liabilities ($705.0M).
Long Term Liabilities: TIXT's short term assets ($720.0M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: TIXT's net debt to equity ratio (57.2%) is considered high.
Reducing Debt: TIXT's debt to equity ratio has reduced from 140.7% to 64.6% over the past 5 years.
Debt Coverage: TIXT's debt is well covered by operating cash flow (38.8%).
Interest Coverage: TIXT's interest payments on its debt are not well covered by EBIT (1.1x coverage).