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Tricon Residential (TSX:TCN) Debt-to-Revenue : 6.43 (As of Dec. 2023)


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What is Tricon Residential Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Tricon Residential's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$425 Mil. Tricon Residential's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$7,382 Mil. Tricon Residential's annualized Revenue for the quarter that ended in Dec. 2023 was C$1,215 Mil. Tricon Residential's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 6.43.


Tricon Residential Debt-to-Revenue Historical Data

The historical data trend for Tricon Residential's Debt-to-Revenue 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.

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Tricon Residential Debt-to-Revenue Chart

Tricon Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.80 10.73 7.95 7.15 6.85

Tricon Residential Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 7.36 7.33 7.31 7.03 6.43

Competitive Comparison of Tricon Residential's Debt-to-Revenue

For the Real Estate Services subindustry, Tricon Residential's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Tricon Residential's Debt-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tricon Residential's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tricon Residential's Debt-to-Revenue falls into.



Tricon Residential Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Tricon Residential's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(425.001 + 7381.996) / 1140.058
=6.85

Tricon Residential's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(425.001 + 7381.996) / 1214.992
=6.43

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Tricon Residential Debt-to-Revenue Related Terms

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Tricon Residential (TSX:TCN) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 801, Toronto, ON, CAN, M5S 2B7
Tricon Residential Inc is a rental housing company catering to the middle-market demographic throughout the United States and Canada. The company owns and manages approximately 36,000 single-family rental homes and multi-family rental units through an integrated, technology-enabled operating platform.
Executives
Ira Gluskin Director