TerraVest Industries Balance Sheet Health
Financial Health criteria checks 5/6
TerraVest Industries has a total shareholder equity of CA$399.6M and total debt of CA$188.9M, which brings its debt-to-equity ratio to 47.3%. Its total assets and total liabilities are CA$867.8M and CA$468.2M respectively. TerraVest Industries's EBIT is CA$120.2M making its interest coverage ratio 4.8. It has cash and short-term investments of CA$28.6M.
Key information
47.3%
Debt to equity ratio
CA$188.86m
Debt
| Interest coverage ratio | 4.8x |
| Cash | CA$28.63m |
| Equity | CA$399.62m |
| Total liabilities | CA$468.21m |
| Total assets | CA$867.83m |
Recent financial health updates
TerraVest Industries (TSE:TVK) Has A Pretty Healthy Balance Sheet
Mar 28
TerraVest Industries (TSE:TVK) Takes On Some Risk With Its Use Of Debt
May 17Recent updates
A Look At The Intrinsic Value Of TerraVest Industries Inc. (TSE:TVK)
Nov 09TerraVest Industries Inc.'s (TSE:TVK) P/E Is Still On The Mark Following 26% Share Price Bounce
Aug 15TerraVest Industries (TSE:TVK) Has A Pretty Healthy Balance Sheet
Mar 28TerraVest 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 14Financial Position Analysis
Short Term Liabilities: TVK's short term assets (CA$388.9M) exceed its short term liabilities (CA$159.2M).
Long Term Liabilities: TVK's short term assets (CA$388.9M) exceed its long term liabilities (CA$309.0M).
Debt to Equity History and Analysis
Debt Level: TVK's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: TVK's debt to equity ratio has reduced from 119% to 47.3% over the past 5 years.
Debt Coverage: TVK's debt is well covered by operating cash flow (82.9%).
Interest Coverage: TVK's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
TerraVest Industries Inc. is covered by 6 analysts. 3 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 |
|---|---|
| Yuri Lynk | Canaccord Genuity |
| Hilda Maraachlian | Cormark Securities Inc. |
| Gary Ho | Desjardins Securities Inc. |