TFI International Balance Sheet Health
Financial Health criteria checks 4/6
TFI International has a total shareholder equity of $2.6B and total debt of $2.5B, which brings its debt-to-equity ratio to 96.1%. Its total assets and total liabilities are $6.9B and $4.3B respectively. TFI International's EBIT is $726.2M making its interest coverage ratio 9.6. It has cash and short-term investments of $902.4M.
Key information
96.1%
Debt to equity ratio
US$2.49b
Debt
Interest coverage ratio | 9.6x |
Cash | US$902.37m |
Equity | US$2.59b |
Total liabilities | US$4.31b |
Total assets | US$6.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9TF's short term assets ($1.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 9TF's short term assets ($1.9B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: 9TF's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: 9TF's debt to equity ratio has reduced from 114% to 96.1% over the past 5 years.
Debt Coverage: 9TF's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 9TF's interest payments on its debt are well covered by EBIT (9.6x coverage).