TFI International (TFII.TO) Debt Metrics
Market Cap: $9.83B
Avg Volume: 294.78K
Industry: Trucking
Sector: Industrials
How much debt does TFI International have?
According to TFI International's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TFI International's total debt stands at $2.98B. This is broken down into:
- Long-term debt: $2.73B
- Short-term debt: $252.68M
The company's net debt, which accounts for cash and cash equivalents, is $2.98B. In terms of overall financial obligations, TFI International's total liabilities amount to $4.47B.
Debt Ratios and Metrics
To better understand TFI International's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.12 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 41.75% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.73 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 46.35% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 52.74% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TFI International's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$2.98B
Long-term Debt
$2.73B
Short-term Debt
$252.68M
Net Debt
$2.98B
Total Liabilities
$4.47B
Interest Coverage
4.73
Debt to Equity Ratio
1.12
Debt Ratio
41.75%
TFI International Historical Debt Metrics
TFI International Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $2.98B | $2.73B | $252.68M | $2.98B | $4.47B | 1.12 | 41.75% | 4.73 | 46.35% | 52.74% |
| 2023 | $2.34B | $2.04B | $301.75M | $2.01B | $3.69B | 0.90 | 37.31% | 10.04 | 39.75% | 47.50% |
| 2022 | $1.73B | $1.58B | $153.02M | $1.58B | $3.04B | 0.70 | 31.40% | 13.95 | 34.17% | 41.24% |
| 2021 | $2.04B | $1.56B | $478.93M | $2.02B | $3.53B | 0.92 | 35.41% | 8.48 | 35.92% | 47.85% |
| 2020 | $1.23B | $1.10B | $131.52M | $1.22B | $2.06B | 0.69 | 31.92% | 7.35 | 31.67% | 40.70% |
| 2019 | $- | $- | $- | $- | $- | 0.00 | 0.00% | 6.66 | 0.00% | 0.00% |
| 2018 | $- | $- | $- | $- | $- | 0.00 | 0.00% | 7.88 | 0.00% | 0.00% |
| 2017 | $1.20B | $1.15B | $49.16M | $1.20B | $1.84B | 1.07 | 40.45% | 4.29 | 50.45% | 51.59% |
| 2016 | $1.18B | $1.15B | $30.13M | $1.18B | $1.94B | 1.09 | 38.93% | 6.27 | 51.22% | 52.07% |
| 2015 | $- | $- | $- | $- | $- | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for TFII.TO.