TerraVest Industries Balance Sheet Health
Financial Health criteria checks 4/6
TerraVest Industries has a total shareholder equity of CA$262.1M and total debt of CA$321.9M, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are CA$804.1M and CA$541.9M respectively. TerraVest Industries's EBIT is CA$98.7M making its interest coverage ratio 5.3. It has cash and short-term investments of CA$18.2M.
Key information
122.8%
Debt to equity ratio
CA$321.92m
Debt
Interest coverage ratio | 5.3x |
Cash | CA$18.18m |
Equity | CA$262.14m |
Total liabilities | CA$541.94m |
Total assets | CA$804.08m |
Recent financial health updates
TerraVest Industries (TSE:TVK) Takes On Some Risk With Its Use Of Debt
May 17Is TerraVest Industries (TSE:TVK) Using Too Much Debt?
Feb 02Recent updates
TerraVest Industries Inc.'s (TSE:TVK) Shares Climb 25% But Its Business Is Yet to Catch Up
Feb 15Is Now The Time To Put TerraVest Industries (TSE:TVK) On Your Watchlist?
Dec 14TerraVest Industries (TSE:TVK) Will Pay A Dividend Of CA$0.10
Sep 16TerraVest Industries (TSE:TVK) Takes On Some Risk With Its Use Of Debt
May 17TerraVest Industries' (TSE:TVK) Dividend Will Be CA$0.10
May 17TerraVest Industries (TSE:TVK) Is Due To Pay A Dividend Of CA$0.10
Mar 23TerraVest Industries (TSE:TVK) Will Pay A Dividend Of CA$0.10
Dec 16TerraVest Industries (TSE:TVK) Has Affirmed Its Dividend Of CA$0.10
Sep 14TerraVest Industries (TSE:TVK) Has Announced A Dividend Of CA$0.10
Aug 14TerraVest Industries (TSE:TVK) Has More To Do To Multiply In Value Going Forward
Apr 06What Type Of Shareholders Make Up TerraVest Industries Inc.'s (TSE:TVK) Share Registry?
Mar 16Is It Worth Buying TerraVest Industries Inc. (TSE:TVK) For Its 2.3% Dividend Yield?
Mar 02What We Learned About TerraVest Industries' (TSE:TVK) CEO Compensation
Feb 16Is TerraVest Industries (TSE:TVK) Using Too Much Debt?
Feb 02Shareholders Of TerraVest Industries (TSE:TVK) Must Be Happy With Their 200% Total Return
Jan 21The Executive Chairman of TerraVest Industries Inc. (TSE:TVK), Charles Pellerin, Just Bought A Few More Shares
Jan 10Here's Why I Think TerraVest Industries (TSE:TVK) Is An Interesting Stock
Jan 08Should You Buy TerraVest Industries Inc. (TSE:TVK) For Its Upcoming Dividend?
Dec 25What Kind Of Investors Own Most Of TerraVest Industries Inc. (TSE:TVK)?
Dec 16Returns On Capital At TerraVest Industries (TSE:TVK) Paint An Interesting Picture
Dec 03TerraVest Industries Inc. (TSE:TVK) Is An Attractive Dividend Stock - Here's Why
Nov 18Financial Position Analysis
Short Term Liabilities: TVK's short term assets (CA$364.3M) exceed its short term liabilities (CA$176.3M).
Long Term Liabilities: TVK's short term assets (CA$364.3M) do not cover its long term liabilities (CA$365.6M).
Debt to Equity History and Analysis
Debt Level: TVK's net debt to equity ratio (115.9%) is considered high.
Reducing Debt: TVK's debt to equity ratio has reduced from 127.6% to 122.8% over the past 5 years.
Debt Coverage: TVK's debt is well covered by operating cash flow (29.8%).
Interest Coverage: TVK's interest payments on its debt are well covered by EBIT (5.3x coverage).