Titanium Transportation Group Balance Sheet Health
Financial Health criteria checks 0/6
Titanium Transportation Group has a total shareholder equity of CA$100.7M and total debt of CA$147.8M, which brings its debt-to-equity ratio to 146.7%. Its total assets and total liabilities are CA$330.3M and CA$229.6M respectively. Titanium Transportation Group's EBIT is CA$8.6M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$4.6M.
Key information
146.7%
Debt to equity ratio
CA$147.77m
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$4.56m |
| Equity | CA$100.74m |
| Total liabilities | CA$229.60m |
| Total assets | CA$330.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I9V's short term assets (CA$83.8M) do not cover its short term liabilities (CA$100.5M).
Long Term Liabilities: I9V's short term assets (CA$83.8M) do not cover its long term liabilities (CA$129.1M).
Debt to Equity History and Analysis
Debt Level: I9V's net debt to equity ratio (142.2%) is considered high.
Reducing Debt: I9V's debt to equity ratio has increased from 69% to 146.7% over the past 5 years.
Debt Coverage: I9V's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: I9V's interest payments on its debt are not well covered by EBIT (0.7x coverage).