Timbercreek Financial Balance Sheet Health
Financial Health criteria checks 3/6
Timbercreek Financial has a total shareholder equity of CA$696.4M and total debt of CA$939.0M, which brings its debt-to-equity ratio to 134.8%. Its total assets and total liabilities are CA$1.7B and CA$1.0B respectively.
Key information
134.8%
Debt to equity ratio
CA$939.05m
Debt
Interest coverage ratio | n/a |
Cash | CA$5.88m |
Equity | CA$696.42m |
Total liabilities | CA$1.02b |
Total assets | CA$1.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 58O's short term assets (CA$1.6B) exceed its short term liabilities (CA$14.9M).
Long Term Liabilities: 58O's short term assets (CA$1.6B) exceed its long term liabilities (CA$1.0B).
Debt to Equity History and Analysis
Debt Level: 58O's net debt to equity ratio (134%) is considered high.
Reducing Debt: 58O's debt to equity ratio has reduced from 159.3% to 134.8% over the past 5 years.
Debt Coverage: 58O's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: Insufficient data to determine if 58O's interest payments on its debt are well covered by EBIT.