TFI International Balance Sheet Health
Financial Health criteria checks 3/6
TFI International has a total shareholder equity of $2.8B and total debt of $2.6B, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are $7.5B and $4.7B respectively. TFI International's EBIT is $758.1M making its interest coverage ratio 6. It has cash and short-term investments of $55.2M.
Key information
93.0%
Debt to equity ratio
US$2.56b
Debt
| Interest coverage ratio | 6x |
| Cash | US$55.22m |
| Equity | US$2.75b |
| Total liabilities | US$4.75b |
| Total assets | US$7.50b |
Recent financial health updates
TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
Oct 22
Is TFI International (TSE:TFII) Using Too Much Debt?
Mar 30Recent updates
What Does TFI International Inc.'s (TSE:TFII) Share Price Indicate?
Dec 15TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
Oct 22The Price Is Right For TFI International Inc. (TSE:TFII)
Oct 08Returns On Capital At TFI International (TSE:TFII) Have Stalled
Sep 25At CA$203, Is It Time To Put TFI International Inc. (TSE:TFII) On Your Watch List?
Aug 26Investor Optimism Abounds TFI International Inc. (TSE:TFII) But Growth Is Lacking
Jun 17Returns On Capital At TFI International (TSE:TFII) Have Stalled
Jun 03We Think Shareholders Will Probably Be Generous With TFI International Inc.'s (TSE:TFII) CEO Compensation
Apr 19Why TFI International Inc. (TSE:TFII) Could Be Worth Watching
Apr 13Is TFI International (TSE:TFII) Using Too Much Debt?
Mar 30TFI International's (TSE:TFII) Returns On Capital Are Heading Higher
Jan 30Some Shareholders Feeling Restless Over TFI International Inc.'s (TSE:TFII) P/E Ratio
Jan 16Are Investors Undervaluing TFI International Inc. (TSE:TFII) By 36%?
Jan 03Financial Position Analysis
Short Term Liabilities: TFII's short term assets ($1.2B) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: TFII's short term assets ($1.2B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: TFII's net debt to equity ratio (91%) is considered high.
Reducing Debt: TFII's debt to equity ratio has reduced from 120.2% to 93% over the past 5 years.
Debt Coverage: TFII's debt is well covered by operating cash flow (43.1%).
Interest Coverage: TFII's interest payments on its debt are well covered by EBIT (6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:07 |
| End of Day Share Price | 2024/12/20 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 |
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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
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
TFI International Inc. is covered by 29 analysts. 14 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 |
|---|---|
| Will Chien | Accountability Research Corporation |
| Maxim Sytchev | ATB Capital Markets |
| Fadi Chamoun | BMO Capital Markets Equity Research |