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STOCKS

Thermal Energy International Inc (TSE:TMG)

:TMG

TMG

Thermal Energy International

RESEARCH TOOLSreports

Thermal Energy International (TMG) Ratios

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42 Followers

Thermal Energy International Ratios

TSE:TMG's free cash flow for Q2 2026 was C$0.38. For the 2026 fiscal year, TSE:TMG's free cash flow was decreased by C$ and operating cash flow was C$0.07. See a summary of the company’s cash flow.

Ratios	TTM	Dec 25	Dec 25	Dec 23	Dec 22
Liquidity Ratios
Current Ratio	1.39	1.32	1.32	1.33	1.38
Quick Ratio	1.19	1.08	1.08	1.18	1.17
Cash Ratio	0.23	0.37	0.37	0.65	0.35
Solvency Ratio	0.12	0.06	0.06	0.12	0.11
Operating Cash Flow Ratio	0.21	-0.22	-0.22	0.50	0.18
Short-Term Operating Cash Flow Coverage	4.65	-5.10	-5.10	5.86	1.53
Net Current Asset Value	C$ 2.62M	C$ 1.53M	C$ 1.53M	C$ 843.65K	C$ -559.77K
Leverage Ratios
Debt-to-Assets Ratio	0.14	0.13	0.13	0.23	0.35
Debt-to-Equity Ratio	0.46	0.44	0.44	1.12	2.40
Debt-to-Capital Ratio	0.31	0.31	0.31	0.53	0.71
Long-Term Debt-to-Capital Ratio	0.16	<0.01	<0.01	0.29	0.54
Financial Leverage Ratio	3.18	3.35	3.35	4.85	6.86
Debt Service Coverage Ratio	2.46	1.40	1.40	1.59	1.30
Interest Coverage Ratio	2.07	1.80	1.80	3.28	2.54
Debt to Market Cap	0.04	0.02	0.02	0.06	0.18
Interest Debt Per Share	0.01	0.01	0.01	0.03	0.03
Net Debt to EBITDA	0.01	-1.52	-1.52	-1.44	1.09
Profitability Margins
Gross Profit Margin	42.51%	41.45%	41.45%	48.12%	45.37%
EBIT Margin	2.77%	1.36%	1.36%	5.47%	5.42%
EBITDA Margin	4.87%	2.68%	2.68%	8.26%	8.33%
Operating Profit Margin	1.21%	1.36%	1.36%	5.28%	5.42%
Pretax Profit Margin	2.19%	0.60%	0.60%	3.86%	3.29%
Net Profit Margin	1.71%	0.25%	0.25%	3.59%	3.40%
Continuous Operations Profit Margin	2.04%	0.53%	0.53%	3.80%	3.42%
Net Income Per EBT	78.16%	40.62%	40.62%	93.03%	103.46%
EBT Per EBIT	181.07%	44.32%	44.32%	73.11%	60.70%
Return on Assets (ROA)	3.61%	0.61%	0.61%	5.54%	5.31%
Return on Equity (ROE)	13.24%	2.05%	2.05%	26.85%	36.46%
Return on Capital Employed (ROCE)	6.85%	9.17%	9.17%	22.45%	20.72%
Return on Invested Capital (ROIC)	5.94%	6.94%	6.94%	18.36%	17.85%
Return on Tangible Assets	3.74%	0.64%	0.64%	5.75%	5.67%
Earnings Yield	1.56%	0.35%	0.35%	2.21%	3.97%
Efficiency Ratios
Receivables Turnover	4.05	6.81	6.81	6.40	3.44
Payables Turnover	5.14	11.54	11.54	5.53	5.15
Inventory Turnover	9.69	9.54	9.54	8.43	6.80
Fixed Asset Turnover	26.84	22.42	22.42	14.30	13.59
Asset Turnover	2.11	2.49	2.49	1.54	1.56
Working Capital Turnover Ratio	9.60	10.09	10.09	7.91	7.26
Cash Conversion Cycle	56.82	60.23	60.23	34.28	88.82
Days of Sales Outstanding	90.19	53.61	53.61	57.00	106.04
Days of Inventory Outstanding	37.68	38.25	38.25	43.31	53.65
Days of Payables Outstanding	71.05	31.63	31.63	66.03	70.88
Operating Cycle	127.87	91.86	91.86	100.31	159.70
Cash Flow Ratios
Operating Cash Flow Per Share	0.01	>-0.01	>-0.01	0.03	<0.01
Free Cash Flow Per Share	0.01	>-0.01	>-0.01	0.03	<0.01
CapEx Per Share	<0.01	<0.01	<0.01	<0.01	<0.01
Free Cash Flow to Operating Cash Flow	0.96	1.05	1.05	0.93	0.94
Dividend Paid and CapEx Coverage Ratio	13.42	-21.53	-21.53	12.63	13.45
Capital Expenditure Coverage Ratio	24.21	-21.53	-21.53	14.32	17.65
Operating Cash Flow Coverage Ratio	0.91	-1.05	-1.05	1.39	0.30
Operating Cash Flow to Sales Ratio	0.06	-0.06	-0.06	0.21	0.07
Free Cash Flow Yield	5.47%	-8.28%	-8.28%	11.95%	7.34%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	65.65	289.16	289.16	45.19	25.16
Price-to-Sales (P/S) Ratio	1.12	0.71	0.71	1.62	0.86
Price-to-Book (P/B) Ratio	7.53	5.93	5.93	12.13	9.17
Price-to-Free Cash Flow (P/FCF) Ratio	18.76	-12.08	-12.08	8.37	13.62
Price-to-Operating Cash Flow Ratio	17.99	-12.64	-12.64	7.78	12.85
Price-to-Earnings Growth (PEG) Ratio	0.32	-3.12	-3.12	1.81	-0.18
Price-to-Fair Value	7.53	5.93	5.93	12.13	9.17
Enterprise Value Multiple	23.03	24.99	24.99	18.20	11.38
Enterprise Value	32.46M	19.95M	19.95M	38.94M	19.98M
EV to EBITDA	22.44	24.99	24.99	18.20	11.38
EV to Sales	1.09	0.67	0.67	1.50	0.95
EV to Free Cash Flow	18.29	-11.39	-11.39	7.75	15.07
EV to Operating Cash Flow	17.53	-11.92	-11.92	7.21	14.21
Tangible Book Value Per Share	0.02	0.02	0.02	0.02	<0.01
Shareholders’ Equity Per Share	0.03	0.02	0.02	0.02	0.01
Tax and Other Ratios
Effective Tax Rate	0.07	0.12	0.12	0.02	-0.04
Revenue Per Share	0.17	0.17	0.17	0.15	0.13
Net Income Per Share	<0.01	<0.01	<0.01	<0.01	<0.01
Tax Burden	0.78	0.41	0.41	0.93	1.03
Interest Burden	0.79	0.44	0.44	0.71	0.61
Research & Development to Revenue	0.02	0.02	0.02	0.01	<0.01
SG&A to Revenue	0.07	0.22	0.22	0.24	0.22
Stock-Based Compensation to Revenue	<0.01	<0.01	<0.01	<0.01	0.01
Income Quality	3.65	-22.87	-22.87	5.50	1.95

Currency in CAD