TerraVest Industries Financial Health
How is TerraVest Industries's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TVK's short term assets (CA$286.6M) exceed its short term liabilities (CA$108.7M).
Long Term Liabilities: TVK's short term assets (CA$286.6M) exceed its long term liabilities (CA$266.4M).
Debt to Equity History and Analysis
Debt Level: TVK's net debt to equity ratio (125.3%) is considered high.
Reducing Debt: TVK's debt to equity ratio has increased from 82.3% to 133% over the past 5 years.
Debt Coverage: TVK's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: TVK's interest payments on its debt are well covered by EBIT (6.7x coverage).