Tidewater Renewables Balance Sheet Health
Financial Health criteria checks 0/6
Tidewater Renewables has a total shareholder equity of CA$156.5M and total debt of CA$182.5M, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are CA$401.7M and CA$245.2M respectively. Tidewater Renewables's EBIT is CA$46.6M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$123.0K.
Key information
116.63%
Debt to equity ratio
CA$182.55m
Debt
| Interest coverage ratio | 1.5x |
| Cash | CA$123.00k |
| Equity | CA$156.52m |
| Total liabilities | CA$245.17m |
| Total assets | CA$401.69m |
Recent financial health updates
Is Tidewater Renewables (TSE:LCFS) Using Too Much Debt?
Jan 23
Is Tidewater Renewables (TSE:LCFS) Using Debt Sensibly?
Aug 16Recent updates
Estimating The Fair Value Of Tidewater Renewables Ltd. (TSE:LCFS)
May 08
British Columbia Regulation Will Boost Renewable Diesel Production
Regulatory changes in British Columbia and potential U.S. import duties are expected to boost demand and market share, enhancing Tidewater's revenue and margins.Improved Revenues Required Before Tidewater Renewables Ltd. (TSE:LCFS) Stock's 282% Jump Looks Justified
Mar 17There's Been No Shortage Of Growth Recently For Tidewater Renewables' (TSE:LCFS) Returns On Capital
Mar 01Is Tidewater Renewables (TSE:LCFS) Using Too Much Debt?
Jan 23Tidewater Renewables (TSE:LCFS) Has Some Difficulty Using Its Capital Effectively
Nov 10Is Tidewater Renewables (TSE:LCFS) Using Debt Sensibly?
Aug 16Tidewater Renewables Ltd. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
Aug 13Analysts Just Made A Major Revision To Their Tidewater Renewables Ltd. (TSE:LCFS) Revenue Forecasts
Aug 12News Flash: 6 Analysts Think Tidewater Renewables Ltd. (TSE:LCFS) Earnings Are Under Threat
Mar 12Financial Position Analysis
Short Term Liabilities: LCFS's short term assets (CA$65.6M) do not cover its short term liabilities (CA$78.7M).
Long Term Liabilities: LCFS's short term assets (CA$65.6M) do not cover its long term liabilities (CA$166.5M).
Debt to Equity History and Analysis
Debt Level: LCFS's net debt to equity ratio (116.5%) is considered high.
Reducing Debt: Insufficient data to determine if LCFS's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LCFS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LCFS has less than a year of cash runway if free cash flow continues to grow at historical rates of 51.5% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/20 22:36 |
| End of Day Share Price | 2025/06/20 00:00 |
| Earnings | 2025/03/31 |
| 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
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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 Github.
Analyst Sources
Tidewater Renewables Ltd. is covered by 9 analysts. 2 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 |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Nathan Heywood | ATB Capital Markets |
| John Bereznicki | Canaccord Genuity |