Titanium Transportation Group Balance Sheet Health
Financial Health criteria checks 0/6
Titanium Transportation Group has a total shareholder equity of CA$103.5M and total debt of CA$159.6M, which brings its debt-to-equity ratio to 154.1%. Its total assets and total liabilities are CA$345.1M and CA$241.5M respectively. Titanium Transportation Group's EBIT is CA$12.0M making its interest coverage ratio 1. It has cash and short-term investments of CA$6.5M.
Key information
154.1%
Debt to equity ratio
CA$159.56m
Debt
| Interest coverage ratio | 1x |
| Cash | CA$6.55m |
| Equity | CA$103.52m |
| Total liabilities | CA$241.54m |
| Total assets | CA$345.06m |
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$82.9M) do not cover its short term liabilities (CA$100.6M).
Long Term Liabilities: TTNM's short term assets (CA$82.9M) do not cover its long term liabilities (CA$140.9M).
Debt to Equity History and Analysis
Debt Level: TTNM's net debt to equity ratio (147.8%) is considered high.
Reducing Debt: TTNM's debt to equity ratio has increased from 84% to 154.1% over the past 5 years.
Debt Coverage: TTNM's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: TTNM's interest payments on its debt are not well covered by EBIT (1x coverage).