Transcontinental (TSX:TCL.A) Debt-to-Asset : 0.28 (As of Jan. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Transcontinental Debt-to-Asset?

Transcontinental's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$25 Mil. Transcontinental's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$944 Mil. Transcontinental's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jan. 2024 was C$3,468 Mil. Transcontinental's debt to asset for the quarter that ended in Jan. 2024 was 0.28.

Transcontinental Debt-to-Asset Historical Data

The historical data trend for Transcontinental's Debt-to-Asset 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.

Transcontinental Debt-to-Asset Chart

Transcontinental Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Asset

Get a 7-Day Free Trial

0.37

0.33

0.31

0.30

0.29

Transcontinental Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial															0.32	0.32	0.32	0.29	0.28

Competitive Comparison of Transcontinental's Debt-to-Asset

For the Packaging & Containers subindustry, Transcontinental's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Transcontinental's Debt-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Transcontinental's Debt-to-Asset falls into.

Transcontinental Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Transcontinental's Debt-to-Asset for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(25.6	+	1032.4)	/	3700.3
	=	0.29

Transcontinental's Debt-to-Asset for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(25.4	+	944.4)	/	3468.2
	=	0.28

Transcontinental (TSX:TCL.A) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Transcontinental Debt-to-Asset Related Terms

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

Transcontinental (TSX:TCL.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (TSX:TCL.A) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TCLCF:USA TCLAF:USA TCL.B:Canada

Address

1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1

Website

https://tctranscontinental.com

Transcontinental Inc or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. The smaller other segment focuses on the media sector, which generates revenue from print and digital publishing products.

Transcontinental (TSX:TCL.A) Headlines

No Headlines