TFI International Balance Sheet Health
Financial Health criteria checks 4/6
TFI International has a total shareholder equity of $2.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $5.5B and $3.0B respectively. TFI International's EBIT is $934.7M making its interest coverage ratio 14.7. It has cash and short-term investments of $147.1M.
Key information
53.4%
Debt to equity ratio
US$1.32b
Debt
| Interest coverage ratio | 14.7x |
| Cash | US$147.12m |
| Equity | US$2.46b |
| Total liabilities | US$3.04b |
| Total assets | US$5.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFII N's short term assets ($1.3B) exceed its short term liabilities ($966.7M).
Long Term Liabilities: TFII N's short term assets ($1.3B) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: TFII N's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: TFII N's debt to equity ratio has reduced from 105.5% to 53.4% over the past 5 years.
Debt Coverage: TFII N's debt is well covered by operating cash flow (73.8%).
Interest Coverage: TFII N's interest payments on its debt are well covered by EBIT (14.7x coverage).