TFI International Balance Sheet Health
Financial Health criteria checks 3/6
TFI International has a total shareholder equity of $2.8B and total debt of $2.6B, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are $7.5B and $4.7B respectively. TFI International's EBIT is $758.1M making its interest coverage ratio 6. It has cash and short-term investments of $55.2M.
Key information
93.0%
Debt to equity ratio
US$2.56b
Debt
| Interest coverage ratio | 6x |
| Cash | US$55.22m |
| Equity | US$2.75b |
| Total liabilities | US$4.75b |
| Total assets | US$7.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9TF's short term assets ($1.2B) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: 9TF's short term assets ($1.2B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: 9TF's net debt to equity ratio (91%) is considered high.
Reducing Debt: 9TF's debt to equity ratio has reduced from 120.2% to 93% over the past 5 years.
Debt Coverage: 9TF's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 9TF's interest payments on its debt are well covered by EBIT (6x coverage).