Finning International Inc.

Toronto Stock Exchange FTT.TO

Finning International Inc. Interest Coverage Ratio for the year ending December 31, 2023: 5.60

Finning International Inc. Interest Coverage Ratio is 5.60 for the year ending December 31, 2023, a -39.22% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Finning International Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 9.21, a 2.12% change year over year.
  • Finning International Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 9.02, a 80.33% change year over year.
  • Finning International Inc. Interest Coverage Ratio for the year ending December 31, 2020 was 5.00, a 19.22% change year over year.
  • Finning International Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 4.19.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
Toronto Stock Exchange: FTT.TO

Finning International Inc.

CEO Mr. Kevin Parkes
IPO Date Jan. 12, 1995
Location Canada
Headquarters 19100 94 Avenue
Employees 13,188
Sector Utilities
Industries
Description

Finning International Inc. sells, services, and rents heavy equipment, and power and energy systems in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers telehandlers, articulated trucks, asphalt pavers, backhoe loaders, cable assist vehicles, cable yarding systems, chip dozers, cold planers, compactors, dozers, drills, electric rope shovels, excavators, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, tack distributors, track loaders, underground-hard rock, wheel loaders, wheel tractor-scrapers, and windrow elevators, as well as attachments. It is also involved in electric power generation, marine power systems, oil and gas, and industrials. In addition, the company provides aftercare, customer training, fuel solutions, fluid analysis, financing, rebuilds, rentals, repair services, maintenance options, warranty, and other services, as well as product support including sales of parts and servicing of equipment. It serves agriculture, construction, forestry, governmental, mining, paving, pipeline, power systems, and snow removal industries. The company was formerly known as Finning Ltd. and changed its name to Finning International Inc. in April 1997. Finning International Inc. was incorporated in 1933 and is headquartered in Surrey, Canada.

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StockViz Staff

February 6, 2025

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