Timbercreek Financial Balance Sheet Health
Financial Health criteria checks 3/6
Timbercreek Financial has a total shareholder equity of CA$701.1M and total debt of CA$1.0B, which brings its debt-to-equity ratio to 142.9%. Its total assets and total liabilities are CA$1.8B and CA$1.1B respectively.
Key information
142.9%
Debt to equity ratio
CA$1.00b
Debt
Interest coverage ratio | n/a |
Cash | CA$9.20m |
Equity | CA$701.14m |
Total liabilities | CA$1.08b |
Total assets | CA$1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBCR.F's short term assets (CA$1.7B) exceed its short term liabilities (CA$223.5M).
Long Term Liabilities: TBCR.F's short term assets (CA$1.7B) exceed its long term liabilities (CA$861.3M).
Debt to Equity History and Analysis
Debt Level: TBCR.F's net debt to equity ratio (141.6%) is considered high.
Reducing Debt: TBCR.F's debt to equity ratio has reduced from 169.8% to 142.9% over the past 5 years.
Debt Coverage: TBCR.F's debt is not well covered by operating cash flow (9%).
Interest Coverage: Insufficient data to determine if TBCR.F's interest payments on its debt are well covered by EBIT.