Tricon Residential Balance Sheet Health
Financial Health criteria checks 0/6
Tricon Residential has a total shareholder equity of $3.9B and total debt of $6.0B, which brings its debt-to-equity ratio to 156.1%. Its total assets and total liabilities are $13.2B and $9.4B respectively. Tricon Residential's EBIT is $426.6M making its interest coverage ratio 1.4. It has cash and short-term investments of $170.7M.
Key information
156.1%
Debt to equity ratio
US$6.04b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$170.74m |
| Equity | US$3.87b |
| Total liabilities | US$9.38b |
| Total assets | US$13.25b |
Recent financial health updates
Tricon Residential (TSE:TCN) Takes On Some Risk With Its Use Of Debt
Jan 13
Is Tricon Residential (TSE:TCN) A Risky Investment?
Oct 10Is Tricon Residential (TSE:TCN) A Risky Investment?
Jun 04Is Tricon Residential (TSE:TCN) Using Too Much Debt?
May 18Recent updates
Tricon Residential (TSE:TCN) Takes On Some Risk With Its Use Of Debt
Jan 13When Should You Buy Tricon Residential Inc. (TSE:TCN)?
Dec 14Is Tricon Residential (TSE:TCN) A Risky Investment?
Oct 10Is Now The Time To Look At Buying Tricon Residential Inc. (TSE:TCN)?
Aug 31Tricon Residential Inc. (TSE:TCN) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 25Is Tricon Residential (TSE:TCN) A Risky Investment?
Jun 04Is It Too Late To Consider Buying Tricon Residential Inc. (TSE:TCN)?
Apr 06With EPS Growth And More, Tricon Residential (TSE:TCN) Makes An Interesting Case
Mar 07At CA$13.75, Is Tricon Residential Inc. (TSE:TCN) Worth Looking At Closely?
Jul 25I Ran A Stock Scan For Earnings Growth And Tricon Residential (TSE:TCN) Passed With Ease
Jun 11Are Investors Undervaluing Tricon Residential Inc. (TSE:TCN) By 22%?
May 30Is Tricon Residential (TSE:TCN) Using Too Much Debt?
May 18Is Now An Opportune Moment To Examine Tricon Residential Inc. (TSE:TCN)?
Apr 07Here's Why I Think Tricon Residential (TSE:TCN) Is An Interesting Stock
Feb 28Financial Position Analysis
Short Term Liabilities: TCN's short term assets ($272.0M) do not cover its short term liabilities ($560.4M).
Long Term Liabilities: TCN's short term assets ($272.0M) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: TCN's net debt to equity ratio (151.7%) is considered high.
Reducing Debt: TCN's debt to equity ratio has increased from 31.3% to 156.1% over the past 5 years.
Debt Coverage: TCN's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: TCN's interest payments on its debt are not well covered by EBIT (1.4x coverage).