Toromont Industries Debt 2024

Toromont Industries Aktienanalyse

What does Toromont Industries do?

Toromont Industries Ltd is a Canadian company specializing in the sale and rental of Caterpillar construction equipment and engines. The company was founded in 1961 and is headquartered in Concord, Ontario, Canada. Toromont Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Toromont Industries's Debt Structure

Toromont Industries'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 Toromont Industries'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 Toromont Industries’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 Toromont Industries’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 Toromont Industries Stock

What is the debt of Toromont Industries this year?

Toromont Industries has a debt level of -358.69 CAD this year.

What was the debt of Toromont Industries compared to the previous year?

The debt of Toromont Industries has increased by -69.72% compared to the previous year dropped.

What are the consequences of high debt for investors in Toromont Industries?

High debt can pose a risk for investors of Toromont Industries, 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 Toromont Industries?

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

How does an increase in debt from Toromont Industries affect the company?

An increase in debt of Toromont Industries 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 Toromont Industries affect the company?

A reduction in debt of Toromont Industries 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 Toromont Industries?

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

Why are the debts of Toromont Industries so important for investors?

The debts of Toromont Industries 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 Toromont Industries take to change the debt?

To change the debt, Toromont Industries 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 Toromont Industries pay?

Over the past 12 months, Toromont Industries paid a dividend of 1.72 CAD . This corresponds to a dividend yield of about 1.42 %. For the coming 12 months, Toromont Industries is expected to pay a dividend of 1.95 CAD.

What is the dividend yield of Toromont Industries?

The current dividend yield of Toromont Industries is 1.42 %.

When does Toromont Industries pay dividends?

Toromont Industries pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Toromont Industries?

Toromont Industries paid dividends every year for the past 56 years.

What is the dividend of Toromont Industries?

For the upcoming 12 months, dividends amounting to 1.95 CAD are expected. This corresponds to a dividend yield of 1.61 %.

In which sector is Toromont Industries located?

Toromont Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Toromont Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Toromont Industries from 7/5/2024 amounting to 0.48 CAD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Toromont Industries pay the last dividend?

The last dividend was paid out on 7/5/2024.

What was the dividend of Toromont Industries in the year 2023?

In the year 2023, Toromont Industries distributed 1.56 CAD as dividends.

In which currency does Toromont Industries pay out the dividend?

The dividends of Toromont Industries are distributed in CAD.