Timbercreek Financial Balance Sheet Health
Financial Health criteria checks 3/6
Timbercreek Financial has a total shareholder equity of CA$698.6M and total debt of CA$857.2M, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are CA$1.6B and CA$941.8M respectively.
Key information
122.7%
Debt to equity ratio
CA$857.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$7.09m |
| Equity | CA$698.55m |
| Total liabilities | CA$941.84m |
| Total assets | CA$1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBCR.F's short term assets (CA$1.6B) exceed its short term liabilities (CA$223.8M).
Long Term Liabilities: TBCR.F's short term assets (CA$1.6B) exceed its long term liabilities (CA$718.0M).
Debt to Equity History and Analysis
Debt Level: TBCR.F's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: TBCR.F's debt to equity ratio has reduced from 134.4% to 122.7% over the past 5 years.
Debt Coverage: TBCR.F's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: Insufficient data to determine if TBCR.F's interest payments on its debt are well covered by EBIT.