Titanium Transportation Group Balance Sheet Health
Financial Health criteria checks 1/6
Titanium Transportation Group has a total shareholder equity of CA$104.5M and total debt of CA$179.7M, which brings its debt-to-equity ratio to 171.9%. Its total assets and total liabilities are CA$356.0M and CA$251.4M respectively. Titanium Transportation Group's EBIT is CA$20.3M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$9.3M.
Key information
171.9%
Debt to equity ratio
CA$179.74m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$9.33m |
| Equity | CA$104.55m |
| Total liabilities | CA$251.45m |
| Total assets | CA$356.00m |
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 21Here's Why Titanium Transportation Group (CVE:TTR) Can Manage Its Debt Responsibly
Jan 26Recent updates
Titanium 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 07What Does Titanium Transportation Group Inc.'s (CVE:TTR) Share Price Indicate?
Jul 19Titanium Transportation Group Inc.'s (CVE:TTR) CEO Looks Due For A Compensation Raise
Jun 09An Intrinsic Calculation For Titanium Transportation Group Inc. (CVE:TTR) Suggests It's 34% Undervalued
Jun 01Calculating The Fair Value Of Titanium Transportation Group Inc. (CVE:TTR)
Feb 09
Here's Why Titanium Transportation Group (CVE:TTR) Can Manage Its Debt Responsibly
Jan 26Did Business Growth Power Titanium Transportation Group's (CVE:TTR) Share Price Gain of 172%?
Jan 08Financial Position Analysis
Short Term Liabilities: TTNM's short term assets (CA$79.5M) do not cover its short term liabilities (CA$98.7M).
Long Term Liabilities: TTNM's short term assets (CA$79.5M) do not cover its long term liabilities (CA$152.8M).
Debt to Equity History and Analysis
Debt Level: TTNM's net debt to equity ratio (163%) is considered high.
Reducing Debt: TTNM's debt to equity ratio has increased from 88.8% to 171.9% over the past 5 years.
Debt Coverage: TTNM's debt is well covered by operating cash flow (20.9%).
Interest Coverage: TTNM's interest payments on its debt are not well covered by EBIT (2.3x coverage).