Transcontinental Balance Sheet Health
Financial Health criteria checks 4/6
Transcontinental has a total shareholder equity of CA$1.9B and total debt of CA$889.1M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are CA$3.5B and CA$1.6B respectively. Transcontinental's EBIT is CA$226.7M making its interest coverage ratio 4.2. It has cash and short-term investments of CA$51.5M.
Key information
47.4%
Debt to equity ratio
CA$889.10m
Debt
| Interest coverage ratio | 4.2x |
| Cash | CA$51.50m |
| Equity | CA$1.88b |
| Total liabilities | CA$1.59b |
| Total assets | CA$3.47b |
Recent financial health updates
Transcontinental (TSE:TCL.A) Has A Somewhat Strained Balance Sheet
Sep 08
Is 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 10Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Sep 10Recent updates
At 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 10Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.23
Jun 12Transcontinental Inc. Just Beat EPS By 33%: Here's What Analysts Think Will Happen Next
Jun 11Is There Now An Opportunity In Transcontinental Inc. (TSE:TCL.A)?
Jun 01Transcontinental (TSE:TCL.A) Has A Pretty Healthy Balance Sheet
Apr 13Read This Before Considering Transcontinental Inc. (TSE:TCL.A) For Its Upcoming CA$0.23 Dividend
Mar 14Why Transcontinental Inc. (TSE:TCL.A) Could Be Worth Watching
Mar 02Here's What We Learned About The CEO Pay At Transcontinental Inc. (TSE:TCL.A)
Feb 15
Financial Position Analysis
Short Term Liabilities: TCL.A's short term assets (CA$947.1M) exceed its short term liabilities (CA$437.5M).
Long Term Liabilities: TCL.A's short term assets (CA$947.1M) do not cover its long term liabilities (CA$1.2B).
Debt to Equity History and Analysis
Debt Level: TCL.A's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: TCL.A's debt to equity ratio has reduced from 89.1% to 47.4% over the past 5 years.
Debt Coverage: TCL.A's debt is well covered by operating cash flow (58.2%).
Interest Coverage: TCL.A's interest payments on its debt are well covered by EBIT (4.2x coverage).