GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Timbercreek Financial Corp (TSX:TF) » Definitions » Debt-to-Equity

Timbercreek Financial (TSX:TF) Debt-to-Equity : 0.67 (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Timbercreek Financial Debt-to-Equity?

Timbercreek Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.0 Mil. Timbercreek Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$464.2 Mil. Timbercreek Financial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$698.6 Mil. Timbercreek Financial's debt to equity for the quarter that ended in Sep. 2024 was 0.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Timbercreek Financial's Debt-to-Equity or its related term are showing as below:

TSX:TF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.9   Max: 1.67
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Timbercreek Financial was 1.67. The lowest was 0.12. And the median was 0.90.

TSX:TF's Debt-to-Equity is ranked worse than
51.76% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs TSX:TF: 0.67

Timbercreek Financial Debt-to-Equity Historical Data

The historical data trend for Timbercreek Financial's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Timbercreek Financial Debt-to-Equity Chart

Timbercreek Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.85 0.86 1.49 0.95

Timbercreek Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 0.95 1.05 0.64 0.67

Competitive Comparison of Timbercreek Financial's Debt-to-Equity

For the Mortgage Finance subindustry, Timbercreek Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Timbercreek Financial's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Timbercreek Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Timbercreek Financial's Debt-to-Equity falls into.



Timbercreek Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Timbercreek Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Timbercreek Financial's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Timbercreek Financial  (TSX:TF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Timbercreek Financial Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Timbercreek Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Timbercreek Financial Business Description

Traded in Other Exchanges
Address
25 Price Street, Toronto, ON, CAN, M4W 1Z1
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans predominantly secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's objective is to preserve investor capital and provide risk adjusted returns by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.
Executives
Robert Blair Tamblyn Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Deborah Wallis Robinson Director
Tracy Lee Johnston Senior Officer
Ugo Bizzarri Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Tami Holdings Inc. Subsidiary
Cameron Goodnough Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Derek John Watchorn Director
Scott Rowland Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Timbercreek Financial Headlines

No Headlines