Trican Well Service Ltd.

TSX:TCW Stock Report

Market Cap: CA$959.6m

Trican Well Service Balance Sheet Health

Financial Health criteria checks 6/6

Trican Well Service has a total shareholder equity of CA$530.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$682.0M and CA$151.8M respectively. Trican Well Service's EBIT is CA$154.0M making its interest coverage ratio 63.8. It has cash and short-term investments of CA$9.3M.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ratio63.8x
CashCA$9.28m
EquityCA$530.18m
Total liabilitiesCA$151.79m
Total assetsCA$681.97m

Recent financial health updates

Recent updates

Returns on Capital Paint A Bright Future For Trican Well Service (TSE:TCW)

Jun 11
Returns on Capital Paint A Bright Future For Trican Well Service (TSE:TCW)

Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

May 21
Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Mar 01
Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

Feb 03
If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

Nov 10
Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Sep 16
Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

Aug 04
Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

The Return Trends At Trican Well Service (TSE:TCW) Look Promising

Mar 19
The Return Trends At Trican Well Service (TSE:TCW) Look Promising

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate

Dec 08
Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well

Sep 23
These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well

Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price

Jul 10
Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price

We Think Trican Well Service (TSE:TCW) Can Stay On Top Of Its Debt

Jun 17
We Think Trican Well Service (TSE:TCW) Can Stay On Top Of Its Debt

Robust Earnings May Not Tell The Whole Story For Trican Well Service (TSE:TCW)

Mar 02
Robust Earnings May Not Tell The Whole Story For Trican Well Service (TSE:TCW)

When Will Trican Well Service Ltd. (TSE:TCW) Turn A Profit?

May 12
When Will Trican Well Service Ltd. (TSE:TCW) Turn A Profit?

Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain

Mar 02
Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain

A Look At The Fair Value Of Trican Well Service Ltd. (TSE:TCW)

Jan 01
A Look At The Fair Value Of Trican Well Service Ltd. (TSE:TCW)

Financial Position Analysis

Short Term Liabilities: TCW's short term assets (CA$274.8M) exceed its short term liabilities (CA$100.2M).

Long Term Liabilities: TCW's short term assets (CA$274.8M) exceed its long term liabilities (CA$51.6M).


Debt to Equity History and Analysis

Debt Level: TCW is debt free.

Reducing Debt: TCW has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.

Debt Coverage: TCW has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TCW has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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