TFI International Balance Sheet Health
Financial Health criteria checks 3/6
TFI International has a total shareholder equity of $2.6B and total debt of $2.7B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are $7.4B and $4.8B respectively. TFI International's EBIT is $745.5M making its interest coverage ratio 7.3. It has cash and short-term investments of $26.6M.
Key information
102.1%
Debt to equity ratio
US$2.69b
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$26.61m |
| Equity | US$2.63b |
| Total liabilities | US$4.82b |
| Total assets | US$7.45b |
Recent financial health updates
No updates
Recent updates
TFI International: A Top Value Play In Transport And Logistics
Oct 08TFI International: Capital Deployment, Valuation Make Stock A Compelling Buy
Jul 24TFI International Readies For 2024 Consolidation Opportunities
Dec 13TFI International: Durable Competitive Advantages With Attractive Economic Value
Sep 28TFI International: Technological Improvements Leading To Performance Optimization
Jul 06TFI International acquires Axsun Group
Feb 21TFI International Q4 2022 Earnings Preview
Feb 05TFI International announces date for the previously announced $0.35 dividend
Dec 16TFI International Continues Optimization Efforts As 2023 Slowdown Looms
Dec 09TFI International declares $0.27 dividend
Oct 27TFI International declares $0.27 dividend
Sep 15TFI International: An Undervalued Gem
Aug 12TFI International Non-GAAP EPS of $2.61 beats by $0.81, revenue of $2.42B beats by $140M
Jul 28Financial Position Analysis
Short Term Liabilities: TFII's short term assets ($1.3B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: TFII's short term assets ($1.3B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: TFII's net debt to equity ratio (101.1%) is considered high.
Reducing Debt: TFII's debt to equity ratio has reduced from 120.6% to 102.1% over the past 5 years.
Debt Coverage: TFII's debt is well covered by operating cash flow (38.4%).
Interest Coverage: TFII's interest payments on its debt are well covered by EBIT (7.3x coverage).