Tricon Residential Balance Sheet Health
Financial Health criteria checks 0/6
Tricon Residential has a total shareholder equity of $3.9B and total debt of $6.0B, which brings its debt-to-equity ratio to 156.1%. Its total assets and total liabilities are $13.2B and $9.4B respectively. Tricon Residential's EBIT is $426.6M making its interest coverage ratio 1.4. It has cash and short-term investments of $170.7M.
Key information
156.1%
Debt to equity ratio
US$6.04b
Debt
Interest coverage ratio | 1.4x |
Cash | US$170.74m |
Equity | US$3.87b |
Total liabilities | US$9.38b |
Total assets | US$13.25b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 331's short term assets ($272.0M) do not cover its short term liabilities ($560.4M).
Long Term Liabilities: 331's short term assets ($272.0M) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: 331's net debt to equity ratio (151.7%) is considered high.
Reducing Debt: 331's debt to equity ratio has increased from 31.3% to 156.1% over the past 5 years.
Debt Coverage: 331's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 331's interest payments on its debt are not well covered by EBIT (1.4x coverage).