Finning International Stock

Finning International Debt 2024

Finning International Debt

2,544 CAD

Ticker

FTT.TO

ISIN

CA3180714048

WKN

885970

In 2024, Finning International's total debt was 2,544 CAD, a 24.71% change from the 2,040 CAD total debt recorded in the previous year.

Finning International Aktienanalyse

What does Finning International do?

Finning International Inc. is a global company specializing in the sales and maintenance of Caterpillar machinery and equipment. The company was founded in Canada in 1933 and is currently headquartered in Vancouver, British Columbia. In its history, Finning has experienced continuous expansion and impressive development, including both organic and acquisition growth. In 1987, the company significantly expanded through the acquisition of Tractor parts, a company in England. In 1996, Finning became a customized supplier for Caterpillar, the world's largest manufacturer of construction machinery and tools. Since then, the company has continuously expanded its network and now has 18 locations in Canada, 16 locations in the UK and Ireland, and 5 locations in Chile and Argentina. In 2020, the company had 580,784 machines and equipment valued at $38.8 billion in rental and sales. Finning's business model includes the sale of new and used machines, the rental of machinery and equipment, maintenance and repair services, as well as training and support services. The company offers machines for road and building construction, mining machines, agricultural and forestry machines, forklifts, and generators. Finning also operates a digital platform called MyFinning, which allows customers to order spare parts and machines online, manage their fleet, and optimize their maintenance plans. Finning operates its business based on three geographic segments: Canada, the UK and Iberia, and South America. The Canada segment includes machine sales as well as a fleet of 5,000 rental machines and equipment. The UK and Ireland segment serves customers working in this region and also provides services for Caterpillar customers in Europe and the Middle East. The Iberia group serves customers in Spain, Portugal, and Morocco. In February 2021, the Canadian Finning operation and a Chilean subsidiary were acquired by the Canadian Desjardins Group. The acquisition of Finning Canada is a significant transaction valued at $500 million, with Finning Canada operating 40% of its rental base and 10% of its rental business between Finning UK and GAP. Finning is an excellent example of a company that continually adapts to changes in the economy and customer needs, consistently optimizing and expanding its business to solidify its leading position in the industry. Finning International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Finning International's Debt Structure

Finning International's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Finning International's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Finning International’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Finning International’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Finning International stock

What is the debt of Finning International this year?

Finning International has a debt level of 2,544 CAD this year.

What was the debt of Finning International compared to the previous year?

The debt of Finning International has increased by 24.71% compared to the previous year increased.

What are the consequences of high debt for investors in Finning International?

High debt can pose a risk for investors of Finning International, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Finning International?

Low debt means that Finning International has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Finning International affect the company?

An increase in debt of Finning International can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Finning International affect the company?

A reduction in debt of Finning International can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Finning International?

Some factors that can influence the debt of Finning International include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Finning International so important for investors?

The debts of Finning International are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Finning International take to change the debt?

To change the debt, Finning International can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Finning International pay?

Over the past 12 months, Finning International paid a dividend of 0.99 CAD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Finning International is expected to pay a dividend of 1.12 CAD.

What is the dividend yield of Finning International?

The current dividend yield of Finning International is 2.25 %.

When does Finning International pay dividends?

Finning International pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Finning International?

Finning International paid dividends every year for the past 23 years.

What is the dividend of Finning International?

For the upcoming 12 months, dividends amounting to 1.12 CAD are expected. This corresponds to a dividend yield of 2.55 %.

In which sector is Finning International located?

Finning International is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Finning International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Finning International from 9/5/2024 amounting to 0.275 CAD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Finning International pay the last dividend?

The last dividend was paid out on 9/5/2024.

What was the dividend of Finning International in the year 2023?

In the year 2023, Finning International distributed 0.933 CAD as dividends.

In which currency does Finning International pay out the dividend?

The dividends of Finning International are distributed in CAD.

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Andere Kennzahlen von Finning International

Our stock analysis for Finning International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Finning International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.