TerraVest Industries Inc.

Toronto Stock Exchange TVK.TO

TerraVest Industries Inc. Return on Equity (ROE) for the year ending September 30, 2024: 17.29%

TerraVest Industries Inc. Return on Equity (ROE) is 17.29% for the year ending September 30, 2024, a -10.79% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • TerraVest Industries Inc. Return on Equity (ROE) for the year ending September 30, 2023 was 19.38%, a -21.37% change year over year.
  • TerraVest Industries Inc. Return on Equity (ROE) for the year ending September 30, 2022 was 24.65%, a -11.10% change year over year.
  • TerraVest Industries Inc. Return on Equity (ROE) for the year ending September 30, 2021 was 27.73%, a 30.11% change year over year.
  • TerraVest Industries Inc. Return on Equity (ROE) for the year ending September 30, 2020 was 21.31%, a -4.78% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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SV Wall Street
Toronto Stock Exchange: TVK.TO

TerraVest Industries Inc.

CEO Dr. Dustin Haw
IPO Date Feb. 6, 2014
Location Canada
Headquarters 4901 Bruce Road
Employees 1,605
Sector Utilities
Industries
Description

TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. It operates through three segments: Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment manufactures bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service trucks, LPG storage tanks, residential and commercial LPG tanks and dispensers, custom pressure vessels, commercial and residential refined fuel tanks, and furnaces and boilers. This segment sells its products directly to end user, as well as through various distribution networks to fuel distributors, transportation companies, industrial and commercial consumers, and residential consumers. The Processing Equipment segment manufactures and sells a range of equipment, such as wellhead processing equipment and tanks, wellhead desanding units, central facilities processing equipment, natural gas liquids (NGL) and LPG storage tanks, anhydrous ammonia storage tanks, NGL and LPG transport trailers, ammonia transport trailers and wagons, compressed gas transport trailers, and various customized processing equipment. This segment offers its products to oil and gas producers, midstream and engineering companies, propane and fertilizer distributors, and transportation companies. The Service segment provides well servicing to the oil and gas sector in Southwest and Central Saskatchewan. This segment operates 21 service rigs. The company was formerly known as TerraVest Capital Inc. and changed its name to TerraVest Industries Inc. in February 2018. TerraVest Industries Inc. was founded in 2004 and is headquartered in Vegreville, Canada.

StockViz Staff

February 6, 2025

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