Transcontinental Balance Sheet Health
Financial Health criteria checks 6/6
Transcontinental has a total shareholder equity of CA$1.9B and total debt of CA$910.1M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are CA$3.6B and CA$1.7B respectively. Transcontinental's EBIT is CA$250.1M making its interest coverage ratio 5.2. It has cash and short-term investments of CA$185.2M.
Key information
47.5%
Debt to equity ratio
CA$910.10m
Debt
| Interest coverage ratio | 5.2x |
| Cash | CA$185.20m |
| Equity | CA$1.91b |
| Total liabilities | CA$1.73b |
| Total assets | CA$3.64b |
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 22Recent updates
Many Still Looking Away From Transcontinental Inc. (TSE:TCL.A)
Feb 12Is Now An Opportune Moment To Examine Transcontinental Inc. (TSE:TCL.A)?
Jan 11Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
Dec 15Here'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 22Financial Position Analysis
Short Term Liabilities: TCL.A's short term assets (CA$1.2B) exceed its short term liabilities (CA$765.3M).
Long Term Liabilities: TCL.A's short term assets (CA$1.2B) exceed its long term liabilities (CA$961.2M).
Debt to Equity History and Analysis
Debt Level: TCL.A's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: TCL.A's debt to equity ratio has reduced from 81.5% to 47.5% over the past 5 years.
Debt Coverage: TCL.A's debt is well covered by operating cash flow (45.5%).
Interest Coverage: TCL.A's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 11:37 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/10/27 |
| Annual Earnings | 2024/10/27 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Transcontinental Inc. is covered by 13 analysts. 7 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 |
|---|---|
| Stephen MacLeod | BMO Capital Markets Equity Research |
| null null | BMO Capital Markets Equity Research |
| Matthew Griffiths | BofA Global Research |