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.