Transcontinental Balance Sheet Health
Financial Health criteria checks 5/6
Transcontinental has a total shareholder equity of CA$1.9B and total debt of CA$908.0M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are CA$3.5B and CA$1.6B respectively. Transcontinental's EBIT is CA$248.2M making its interest coverage ratio 5.1. It has cash and short-term investments of CA$79.9M.
Key information
48.0%
Debt to equity ratio
CA$908.00m
Debt
| Interest coverage ratio | 5.1x |
| Cash | CA$79.90m |
| Equity | CA$1.89b |
| Total liabilities | CA$1.63b |
| Total assets | CA$3.52b |
Recent financial health updates
Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Oct 01
Transcontinental (TSE:TCL.A) Has A Somewhat Strained Balance Sheet
Sep 08Is Transcontinental (TSE:TCL.A) A Risky Investment?
Mar 09These 4 Measures Indicate That Transcontinental (TSE:TCL.A) Is Using Debt Extensively
Aug 13Is Transcontinental (TSE:TCL.A) A Risky Investment?
Apr 22Does Transcontinental (TSE:TCL.A) Have A Healthy Balance Sheet?
Dec 10Recent updates
Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Oct 01There May Be Reason For Hope In Transcontinental's (TSE:TCL.A) Disappointing Earnings
Jun 13Some Shareholders Feeling Restless Over Transcontinental Inc.'s (TSE:TCL.A) P/E Ratio
Jun 07At CA$11.10, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?
Nov 18Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.225
Sep 12Transcontinental (TSE:TCL.A) Has A Somewhat Strained Balance Sheet
Sep 08Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
Jul 03Transcontinental's (TSE:TCL.A) Dividend Will Be CA$0.225
Jun 13Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.225
Mar 12Is Transcontinental (TSE:TCL.A) A Risky Investment?
Mar 09Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.225
Dec 17Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
Sep 19These 4 Measures Indicate That Transcontinental (TSE:TCL.A) Is Using Debt Extensively
Aug 13Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23
Jun 11Is Transcontinental (TSE:TCL.A) A Risky Investment?
Apr 22At CA$20.83, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?
Jan 20Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23
Dec 27Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23
Dec 13Does Transcontinental (TSE:TCL.A) Have A Healthy Balance Sheet?
Dec 10Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.23
Sep 29Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23
Sep 15Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Sep 10Financial Position Analysis
Short Term Liabilities: TCL.A's short term assets (CA$995.1M) exceed its short term liabilities (CA$669.1M).
Long Term Liabilities: TCL.A's short term assets (CA$995.1M) exceed its long term liabilities (CA$958.7M).
Debt to Equity History and Analysis
Debt Level: TCL.A's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: TCL.A's debt to equity ratio has reduced from 85.9% to 48% over the past 5 years.
Debt Coverage: TCL.A's debt is well covered by operating cash flow (52.3%).
Interest Coverage: TCL.A's interest payments on its debt are well covered by EBIT (5.1x coverage).