Titanium Transportation Group Balance Sheet Health
Financial Health criteria checks 0/6
Titanium Transportation Group has a total shareholder equity of CA$100.7M and total debt of CA$147.8M, which brings its debt-to-equity ratio to 146.7%. Its total assets and total liabilities are CA$330.3M and CA$229.6M respectively. Titanium Transportation Group's EBIT is CA$8.6M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$4.6M.
Key information
146.7%
Debt to equity ratio
CA$147.77m
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$4.56m |
| Equity | CA$100.74m |
| Total liabilities | CA$229.60m |
| Total assets | CA$330.34m |
Recent financial health updates
We Think Titanium Transportation Group (TSE:TTNM) Is Taking Some Risk With Its Debt
Jun 26
These 4 Measures Indicate That Titanium Transportation Group (CVE:TTR) Is Using Debt Reasonably Well
Jan 21Recent updates
Titanium Transportation Group (TSE:TTNM) Will Pay A Dividend Of CA$0.02
Aug 27Titanium Transportation Group Inc. (TSE:TTNM) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Aug 15Titanium Transportation Group's (TSE:TTNM) Anemic Earnings Might Be Worse Than You Think
Mar 29Titanium Transportation Group (TSE:TTNM) Has Affirmed Its Dividend Of CA$0.02
Nov 28We Think Titanium Transportation Group (TSE:TTNM) Is Taking Some Risk With Its Debt
Jun 26Titanium Transportation Group (TSE:TTNM) Is Due To Pay A Dividend Of CA$0.02
Feb 24Is There Now An Opportunity In Titanium Transportation Group Inc. (TSE:TTNM)?
Feb 11Investors Will Want Titanium Transportation Group's (TSE:TTNM) Growth In ROCE To Persist
Dec 30Titanium Transportation Group (TSE:TTNM) Has Affirmed Its Dividend Of CA$0.02
Nov 24Titanium Transportation Group's (TSE:TTR) Dividend Will Be CA$0.02
Aug 23Should You Investigate Titanium Transportation Group Inc. (CVE:TTR) At CA$2.30?
Jul 22Titanium Transportation Group Inc.'s (CVE:TTR) Intrinsic Value Is Potentially 94% Above Its Share Price
Jun 18A Look At The Fair Value Of Titanium Transportation Group Inc. (CVE:TTR)
Mar 15These 4 Measures Indicate That Titanium Transportation Group (CVE:TTR) Is Using Debt Reasonably Well
Jan 21Titanium Transportation Group (CVE:TTR) Has Announced A Dividend Of CA$0.02
Nov 23Titanium Transportation Group Inc.'s (CVE:TTR) Intrinsic Value Is Potentially 26% Above Its Share Price
Nov 17There's Been No Shortage Of Growth Recently For Titanium Transportation Group's (CVE:TTR) Returns On Capital
Oct 07Financial Position Analysis
Short Term Liabilities: TTNM's short term assets (CA$83.8M) do not cover its short term liabilities (CA$100.5M).
Long Term Liabilities: TTNM's short term assets (CA$83.8M) do not cover its long term liabilities (CA$129.1M).
Debt to Equity History and Analysis
Debt Level: TTNM's net debt to equity ratio (142.2%) is considered high.
Reducing Debt: TTNM's debt to equity ratio has increased from 69% to 146.7% over the past 5 years.
Debt Coverage: TTNM's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: TTNM's interest payments on its debt are not well covered by EBIT (0.7x coverage).