Tecsys Balance Sheet Health
Financial Health criteria checks 6/6
Tecsys has a total shareholder equity of CA$65.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$124.1M and CA$58.8M respectively. Tecsys's EBIT is CA$4.8M making its interest coverage ratio -6.3. It has cash and short-term investments of CA$28.3M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -6.3x |
| Cash | CA$28.34m |
| Equity | CA$65.27m |
| Total liabilities | CA$58.80m |
| Total assets | CA$124.07m |
Recent financial health updates
Recent updates
Tecsys' (TSE:TCS) Soft Earnings Don't Show The Whole Picture
Sep 18
Tecsys (TSE:TCS) Is Due To Pay A Dividend Of CA$0.08
Jul 02We Like These Underlying Return On Capital Trends At Tecsys (TSE:TCS)
May 06Capital Allocation Trends At Tecsys (TSE:TCS) Aren't Ideal
Jan 26Calculating The Fair Value Of Tecsys Inc. (TSE:TCS)
Nov 29Tecsys' (TSE:TCS) Dividend Will Be CA$0.075
Sep 12Tecsys' (TSE:TCS) Returns On Capital Not Reflecting Well On The Business
Aug 31Tecsys (TSE:TCS) Has Affirmed Its Dividend Of CA$0.075
Jul 03Tecsys' (TSE:TCS) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 10Be Wary Of Tecsys (TSE:TCS) And Its Returns On Capital
Feb 14The Returns On Capital At Tecsys (TSE:TCS) Don't Inspire Confidence
Jul 21Does Tecsys (TSE:TCS) Have A Healthy Balance Sheet?
May 31Tecsys (TSE:TCS) Has Affirmed Its Dividend Of CA$0.07
Mar 15Financial Position Analysis
Short Term Liabilities: TCS's short term assets (CA$74.1M) exceed its short term liabilities (CA$56.7M).
Long Term Liabilities: TCS's short term assets (CA$74.1M) exceed its long term liabilities (CA$2.1M).
Debt to Equity History and Analysis
Debt Level: TCS is debt free.
Reducing Debt: TCS has no debt compared to 5 years ago when its debt to equity ratio was 29.6%.
Debt Coverage: TCS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:02 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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 here.
Analysis Model and Snowflake
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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
Tecsys Inc. is covered by 12 analysts. 5 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 |
|---|---|
| Deepak Kaushal | BMO Capital Markets Equity Research |
| Ralph Garcea | Cantor Fitzgerald Canada Corporation |
| Gavin Fairweather | Cormark Securities Inc. |