Terra Firma Capital Balance Sheet Health
Financial Health criteria checks 3/6
Terra Firma Capital has a total shareholder equity of $44.3M and total debt of $81.2M, which brings its debt-to-equity ratio to 183.5%. Its total assets and total liabilities are $132.8M and $88.5M respectively.
Key information
183.5%
Debt to equity ratio
US$81.25m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.17m |
| Equity | US$44.28m |
| Total liabilities | US$88.47m |
| Total assets | US$132.75m |
Recent financial health updates
Recent updates
Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06
Dec 23
Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06
Sep 23Terra Firma Capital (CVE:TII) Has Affirmed Its Dividend Of CA$0.06
Mar 29Terra Firma Capital (CVE:TII) Has Re-Affirmed Its Dividend Of CA$0.06
Dec 19Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.06
Nov 21Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.05
Aug 21Most Shareholders Will Probably Find That The CEO Compensation For Terra Firma Capital Corporation (CVE:TII) Is Reasonable
Jun 17Here's What You Should Know About Terra Firma Capital Corporation's (CVE:TII) 3.4% Dividend Yield
Apr 01Key Things To Consider Before Buying Terra Firma Capital Corporation (CVE:TII) For Its Dividend
Dec 17Financial Position Analysis
Short Term Liabilities: TII's short term assets ($120.6M) exceed its short term liabilities ($20.1M).
Long Term Liabilities: TII's short term assets ($120.6M) exceed its long term liabilities ($68.4M).
Debt to Equity History and Analysis
Debt Level: TII's net debt to equity ratio (124.4%) is considered high.
Reducing Debt: TII's debt to equity ratio has reduced from 205% to 183.5% over the past 5 years.
Debt Coverage: TII's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TII's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/27 20:37 |
| End of Day Share Price | 2023/10/27 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Terra Firma Capital Corporation is covered by 5 analysts. 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 |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Vahan Ajamian | Beacon Securities Limited |
| Jeffrey Fenwick | Cormark Securities Inc. |