TMX Group Balance Sheet Health
Financial Health criteria checks 5/6
TMX Group has a total shareholder equity of CA$4.6B and total debt of CA$2.2B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are CA$52.2B and CA$47.6B respectively. TMX Group's EBIT is CA$600.9M making its interest coverage ratio 26.2. It has cash and short-term investments of CA$518.9M.
Key information
48.4%
Debt to equity ratio
CA$2.23b
Debt
| Interest coverage ratio | 26.2x |
| Cash | CA$518.90m |
| Equity | CA$4.62b |
| Total liabilities | CA$47.60b |
| Total assets | CA$52.22b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think TMX Group (TSE:X) Might Deserve Your Attention Today
Sep 29
Subdued Growth No Barrier To TMX Group Limited's (TSE:X) Price
Aug 31Here's Why TMX Group (TSE:X) Has Caught The Eye Of Investors
Jun 07TMX Group Limited's (TSE:X) P/E Is On The Mark
Apr 18Some Confidence Is Lacking In TMX Group Limited's (TSE:X) P/E
Dec 18Do TMX Group's (TSE:X) Earnings Warrant Your Attention?
Apr 14TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.87
Feb 10Is Now The Time To Put TMX Group (TSE:X) On Your Watchlist?
Dec 20Here's Why We Think TMX Group (TSE:X) Is Well Worth Watching
Aug 28Analysts Just Made A Substantial Upgrade To Their TMX Group Limited (TSE:X) Forecasts
May 05Here's Why I Think TMX Group (TSE:X) Is An Interesting Stock
May 02Financial Position Analysis
Short Term Liabilities: X's short term assets (CA$44.8B) exceed its short term liabilities (CA$44.7B).
Long Term Liabilities: X's short term assets (CA$44.8B) exceed its long term liabilities (CA$2.9B).
Debt to Equity History and Analysis
Debt Level: X's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: X's debt to equity ratio has increased from 29.7% to 48.4% over the past 5 years.
Debt Coverage: X's debt is well covered by operating cash flow (26.2%).
Interest Coverage: X's interest payments on its debt are well covered by EBIT (26.2x coverage).