TCN - Tricon Residential Inc.
TSX
->
Real Estate
->
Real Estate Services
Toronto,
Canada
Type: Equity
TCN price evolution
TCN
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $170.74 | $172.79 | $120.39 | $142.38 |
| Short term investments | ||||
| Net receivables | $27.96 | $38.67 | $25.33 | $22.62 |
| Inventory | ||||
| Total current assets | $271.95 | $234.81 | $185.84 | $209.09 |
| Long term investments | $313.61 | $299.12 | $283.16 | $267.36 |
| Property, plant & equipment | $12279.08 | $12122.11 | $11933.34 | $11581.26 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $13248.42 | $13182.33 | $12934.17 | $12540.17 |
| Current liabilities | ||||
| Accounts payable | $44.48 | $205 | $153.62 | $126.69 |
| Deferred revenue | ||||
| Short long term debt | $316.79 | $624.96 | $801.56 | $965.01 |
| Total current liabilities | $560.39 | $930.03 | $1049 | $1186.64 |
| Long term debt | $5764.8 | $5356.94 | $5285.55 | $5007.1 |
| Total noncurrent liabilities | ||||
| Total debt | ||||
| Total liabilities | $9378.88 | $9282.66 | $9095.65 | $8740.66 |
| Shareholders' equity | ||||
| Retained earnings | $1687.3 | $1741.41 | $1677.09 | $1647.58 |
| Other shareholder equity | $32.58 | $10.62 | $16.56 | $10.78 |
| Total shareholder equity | $3869.54 | $3899.67 | $3838.52 | $3799.52 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $170.74 | $204.3 | $176.89 | $55.16 |
| Short term investments | ||||
| Net receivables | $27.96 | $24.98 | $41.58 | $25.59 |
| Inventory | ||||
| Total current assets | $271.95 | $266.81 | $251.42 | $94.41 |
| Long term investments | $313.61 | $276.03 | $8552.76 | $6691.65 |
| Property, plant & equipment | $12279.08 | $96.85 | $84.75 | $47.99 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $13248.42 | $12450.95 | $9148.62 | $7174.83 |
| Current liabilities | ||||
| Accounts payable | $44.48 | $34.22 | $43.49 | $31.2 |
| Deferred revenue | ||||
| Short long term debt | $316.79 | $760.74 | $256.64 | $275.99 |
| Total current liabilities | $560.39 | $991.13 | $430.37 | $428.28 |
| Long term debt | $5764.8 | $5257.91 | $3947.95 | $4285.52 |
| Total noncurrent liabilities | ||||
| Total debt | ||||
| Total liabilities | $9378.88 | $8660.7 | $6094.82 | $5439.74 |
| Shareholders' equity | ||||
| Retained earnings | $1687.3 | $1638.07 | $893.38 | $499 |
| Other shareholder equity | $32.58 | $6.21 | $22.84 | $23.39 |
| Total shareholder equity | $3869.54 | $3797.02 | $3053.79 | $1735.1 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $226.41 | $225.37 | $219.21 | $212.99 |
| Cost of revenue | $67.3 | $65 | $62.11 | |
| Gross Profit | $158.88 | $158.08 | $154.21 | $150.89 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $43.3 | $44.74 | $35.47 | |
| Total operating expenses | $86.37 | $115.12 | $114.02 | $101.84 |
| Operating income | $110.26 | $105.19 | $111.15 | |
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | $2.47 | $9.64 | $12.92 | $3.11 |
| Interest expense | -$102.04 | -$80.48 | -$79.37 | -$76.37 |
| Net income | ||||
| Net income | -$38.26 | $80.16 | $45.34 | $26.96 |
| Income (for common shares) | $80.16 | $45.34 | $26.96 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $884.73 | $837.53 | $492.44 | $401.07 |
| Cost of revenue | $261.94 | $209.09 | $145.77 | $121.24 |
| Gross Profit | $622.79 | $628.44 | $346.67 | $279.83 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $178.4 | $131.37 | $86.33 | |
| Total operating expenses | $458.12 | -$215.71 | $250.66 | |
| Operating income | $426.6 | $418.73 | $708.14 | $150.42 |
| Income from continuing operations | ||||
| EBIT | ||||
| Income tax expense | $28.14 | $191.06 | $37.78 | |
| Interest expense | -$316.47 | -$213.93 | -$745.14 | -$28.42 |
| Net income | ||||
| Net income | $114.19 | $808.94 | $445.25 | $113.32 |
| Income (for common shares) | $114.19 | $35.11 | $445.26 | $113.33 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$38.26 | $80.16 | $46.77 | $26.96 |
| Operating activities | ||||
| Depreciation | -$0.5 | $4.52 | $4.28 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$11.91 | $80.15 | $56.67 | $17.13 |
| Investing activities | ||||
| Capital expenditures | -$10.08 | -$9.96 | -$5.98 | |
| Investments | ||||
| Total cash flows from investing | -$76.73 | -$125.47 | -$248.75 | -$129.69 |
| Financing activities | ||||
| Dividends paid | -$16.72 | -$20.8 | -$31.15 | -$27.29 |
| Sale and purchase of stock | -$0 | $241.85 | $129.9 | $114.5 |
| Net borrowings | $82.86 | -$140.3 | $107.22 | -$18.41 |
| Total cash flows from financing | $86.41 | $97.81 | $170 | $50.64 |
| Effect of exchange rate | -$13.93 | -$0.06 | $0.16 | -$0.03 |
| Change in cash and equivalents | -$2.05 | $52.4 | -$22 | -$61.92 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $114.19 | $449.53 | $116.41 | |
| Operating activities | ||||
| Depreciation | $11.43 | $12.13 | $10.85 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $138.04 | $113.77 | $143.01 | |
| Investing activities | ||||
| Capital expenditures | -$46.45 | -$32.88 | -$13.03 | |
| Investments | ||||
| Total cash flows from investing | -$580.65 | -$2420.58 | -$1608.38 | -$439.55 |
| Financing activities | ||||
| Dividends paid | -$95.96 | -$96.79 | -$113.94 | -$81.8 |
| Sale and purchase of stock | $486.25 | $700.27 | -$14.92 | |
| Net borrowings | $31.36 | $679 | $405.59 | |
| Total cash flows from financing | $408.86 | $2178 | $1616.34 | $342.76 |
| Effect of exchange rate | -$13.86 | -$0.28 | $0.01 | $0.03 |
| Change in cash and equivalents | -$33.56 | $27.41 | $121.74 | $46.25 |
News
Fundamentals
| Market cap | $4.18B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 272.64M |
| Revenue | $883.98M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $114.20M |
| Revenue Q/Q | 12.24% |
| Revenue Y/Y | N/A |
| P/E ratio | 36.62 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 4.73 |
| P/B ratio | 1.09 |
| Book/Share | 14.07 |
| Cash/Share | 0.63 |
| EPS | $0.42 |
|---|---|
| ROA | 0.88% |
| ROE | 2.96% |
| Debt/Equity | 2.42 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.49 |
| Quick ratio | N/A |