TVA Group Balance Sheet Health
Financial Health criteria checks 5/6
TVA Group has a total shareholder equity of CA$342.4M and total debt of CA$78.2M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CA$610.0M and CA$267.6M respectively.
Key information
22.8%
Debt to equity ratio
CA$78.20m
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | CA$342.45m |
| Total liabilities | CA$267.59m |
| Total assets | CA$610.04m |
Recent financial health updates
Is TVA Group (TSE:TVA.B) Weighed On By Its Debt Load?
Mar 01
Here's Why TVA Group (TSE:TVA.B) Has A Meaningful Debt Burden
Oct 18TVA Group (TSE:TVA.B) Has A Pretty Healthy Balance Sheet
Jan 21Is TVA Group (TSE:TVA.B) Using Too Much Debt?
May 17TVA Group (TSE:TVA.B) Has A Pretty Healthy Balance Sheet
Jan 26
Recent updates
Investor Optimism Abounds TVA Group Inc. (TSE:TVA.B) But Growth Is Lacking
Jun 26Why Investors Shouldn't Be Surprised By TVA Group Inc.'s (TSE:TVA.B) Low P/S
Feb 23Is TVA Group (TSE:TVA.B) Weighed On By Its Debt Load?
Mar 01Here's Why TVA Group (TSE:TVA.B) Has A Meaningful Debt Burden
Oct 18TVA Group (TSE:TVA.B) Has A Pretty Healthy Balance Sheet
Jan 21Is TVA Group (TSE:TVA.B) Using Too Much Debt?
May 17If You Had Bought TVA Group's (TSE:TVA.B) Shares Five Years Ago You Would Be Down 49%
Mar 03TVA Group (TSE:TVA.B) Has A Pretty Healthy Balance Sheet
Jan 26What We Learned About TVA Group's (TSE:TVA.B) CEO Compensation
Dec 31A Look At TVA Group's (TSE:TVA.B) Share Price Returns
Dec 03Financial Position Analysis
Short Term Liabilities: TVA.B's short term assets (CA$277.8M) exceed its short term liabilities (CA$248.3M).
Long Term Liabilities: TVA.B's short term assets (CA$277.8M) exceed its long term liabilities (CA$19.3M).
Debt to Equity History and Analysis
Debt Level: TVA.B's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: TVA.B's debt to equity ratio has increased from 16.8% to 22.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TVA.B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TVA.B is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:37 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
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 .
Analyst Sources
TVA Group Inc. is covered by 6 analysts. 1 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 |
|---|---|
| Robert Bek | CIBC Capital Markets |
| David McFadgen | Cormark Securities Inc. |
| Adam Shine | National Bank Financial |