TFI Investments vs Free Cash Flow Analysis

TFII Stock

CAD 209.36 1.74 0.84%

TFI International financial indicator trend analysis is much more than just breaking down TFI International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TFI International is a good investment. Please check the relationship between TFI International Investments and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TFI International Investments account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between TFI International's Investments and Free Cash Flow is -0.46. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of TFI International, assuming nothing else is changed. The correlation between historical values of TFI International's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of TFI International are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., TFI International's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from TFI International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TFI International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.As of the 26th of November 2024, Enterprise Value is likely to grow to about 14.4 B, while Selling General Administrative is likely to drop about 80.7 M.

	2021	2022	2023	2024 (projected)
Total Revenue	7.2B	8.8B	7.5B	7.9B
Interest Expense	78.1M	82.1M	75.5M	110.3M

Total Revenue Interest Expense

TFI International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Cash And Short Term Investments	Cash	Good Will
Total Assets		0.89	0.06	0.91	0.98	0.99	0.93	0.95	0.71	1.0	0.34	0.87	0.96	0.31	0.97	0.95	0.09	-0.19	0.99	0.95	0.97	0.6	0.75	0.74	0.74	0.75
Short Long Term Debt Total	0.89		0.36	0.79	0.81	0.84	0.97	0.79	0.5	0.9	0.34	0.82	0.77	0.38	0.94	0.78	0.2	-0.26	0.92	0.87	0.81	0.59	0.69	0.55	0.55	0.77
Other Current Liab	0.06	0.36		-0.07	0.03	-0.02	0.17	0.09	-0.06	0.08	0.6	0.35	-0.03	0.14	0.16	-0.05	0.21	-0.24	0.08	0.03	-0.03	-0.15	0.24	-0.15	-0.14	0.34
Total Current Liabilities	0.91	0.79	-0.07		0.87	0.91	0.87	0.81	0.8	0.9	0.07	0.73	0.93	0.32	0.82	0.89	0.33	-0.2	0.92	0.83	0.92	0.84	0.52	0.59	0.59	0.68
Total Stockholder Equity	0.98	0.81	0.03	0.87		0.98	0.86	0.98	0.72	0.98	0.39	0.88	0.96	0.24	0.93	0.94	0.05	-0.19	0.95	0.93	0.97	0.52	0.75	0.77	0.78	0.73
Property Plant And Equipment Net	0.99	0.84	-0.02	0.91	0.98		0.89	0.96	0.73	0.98	0.26	0.83	0.96	0.21	0.95	0.98	0.02	-0.15	0.97	0.95	0.97	0.59	0.73	0.77	0.77	0.68
Net Debt	0.93	0.97	0.17	0.87	0.86	0.89		0.8	0.62	0.94	0.24	0.78	0.86	0.43	0.95	0.84	0.17	-0.21	0.97	0.88	0.86	0.67	0.64	0.54	0.54	0.78
Retained Earnings	0.95	0.79	0.09	0.81	0.98	0.96	0.8		0.65	0.95	0.4	0.9	0.91	0.07	0.9	0.94	0.0	-0.21	0.91	0.94	0.94	0.45	0.79	0.82	0.83	0.66
Accounts Payable	0.71	0.5	-0.06	0.8	0.72	0.73	0.62	0.65		0.71	0.14	0.51	0.84	0.3	0.59	0.74	0.14	-0.14	0.69	0.5	0.71	0.54	0.21	0.24	0.25	0.74
Non Current Assets Total	1.0	0.9	0.08	0.9	0.98	0.98	0.94	0.95	0.71		0.35	0.88	0.95	0.31	0.98	0.94	0.06	-0.2	0.99	0.95	0.96	0.58	0.73	0.72	0.72	0.78
Non Currrent Assets Other	0.34	0.34	0.6	0.07	0.39	0.26	0.24	0.4	0.14	0.35		0.58	0.31	0.33	0.39	0.25	-0.1	-0.09	0.29	0.27	0.29	-0.3	0.54	0.28	0.28	0.43
Other Assets	0.87	0.82	0.35	0.73	0.88	0.83	0.78	0.9	0.51	0.88	0.58		0.79	0.11	0.86	0.8	0.09	-0.32	0.85	0.86	0.83	0.43	0.79	0.74	0.75	0.7
Net Receivables	0.96	0.77	-0.03	0.93	0.96	0.96	0.86	0.91	0.84	0.95	0.31	0.79		0.36	0.9	0.97	0.07	-0.12	0.94	0.86	0.97	0.59	0.66	0.66	0.66	0.71
Common Stock Shares Outstanding	0.31	0.38	0.14	0.32	0.24	0.21	0.43	0.07	0.3	0.31	0.33	0.11	0.36		0.36	0.19	0.28	0.14	0.36	0.15	0.28	0.22	0.21	-0.07	-0.08	0.45
Non Current Liabilities Total	0.97	0.94	0.16	0.82	0.93	0.95	0.95	0.9	0.59	0.98	0.39	0.86	0.9	0.36		0.9	0.0	-0.16	0.98	0.95	0.92	0.5	0.8	0.71	0.71	0.74
Inventory	0.95	0.78	-0.05	0.89	0.94	0.98	0.84	0.94	0.74	0.94	0.25	0.8	0.97	0.19	0.9		0.01	-0.06	0.94	0.92	0.97	0.57	0.72	0.76	0.76	0.61
Other Current Assets	0.09	0.2	0.21	0.33	0.05	0.02	0.17	0.0	0.14	0.06	-0.1	0.09	0.07	0.28	0.0	0.01		-0.19	0.12	0.04	0.17	0.62	0.01	-0.01	-0.01	0.17
Other Stockholder Equity	-0.19	-0.26	-0.24	-0.2	-0.19	-0.15	-0.21	-0.21	-0.14	-0.2	-0.09	-0.32	-0.12	0.14	-0.16	-0.06	-0.19		-0.18	-0.17	-0.14	-0.23	-0.09	-0.05	-0.07	-0.3
Total Liab	0.99	0.92	0.08	0.92	0.95	0.97	0.97	0.91	0.69	0.99	0.29	0.85	0.94	0.36	0.98	0.94	0.12	-0.18		0.95	0.96	0.65	0.73	0.7	0.7	0.75
Property Plant And Equipment Gross	0.95	0.87	0.03	0.83	0.93	0.95	0.88	0.94	0.5	0.95	0.27	0.86	0.86	0.15	0.95	0.92	0.04	-0.17	0.95		0.94	0.56	0.83	0.87	0.87	0.6
Total Current Assets	0.97	0.81	-0.03	0.92	0.97	0.97	0.86	0.94	0.71	0.96	0.29	0.83	0.97	0.28	0.92	0.97	0.17	-0.14	0.96	0.94		0.63	0.78	0.8	0.8	0.64
Short Term Debt	0.6	0.59	-0.15	0.84	0.52	0.59	0.67	0.45	0.54	0.58	-0.3	0.43	0.59	0.22	0.5	0.57	0.62	-0.23	0.65	0.56	0.63		0.21	0.33	0.34	0.43
Current Deferred Revenue	0.75	0.69	0.24	0.52	0.75	0.73	0.64	0.79	0.21	0.73	0.54	0.79	0.66	0.21	0.8	0.72	0.01	-0.09	0.73	0.83	0.78	0.21		0.86	0.86	0.39
Cash And Short Term Investments	0.74	0.55	-0.15	0.59	0.77	0.77	0.54	0.82	0.24	0.72	0.28	0.74	0.66	-0.07	0.71	0.76	-0.01	-0.05	0.7	0.87	0.8	0.33	0.86		1.0	0.25
Cash	0.74	0.55	-0.14	0.59	0.78	0.77	0.54	0.83	0.25	0.72	0.28	0.75	0.66	-0.08	0.71	0.76	-0.01	-0.07	0.7	0.87	0.8	0.34	0.86	1.0		0.25
Good Will	0.75	0.77	0.34	0.68	0.73	0.68	0.78	0.66	0.74	0.78	0.43	0.7	0.71	0.45	0.74	0.61	0.17	-0.3	0.75	0.6	0.64	0.43	0.39	0.25	0.25

Click cells to compare fundamentals

TFI International Account Relationship Matchups

TFI International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.8B	5.8B	5.5B	6.3B	6.6B
Short Long Term Debt Total	2.2B	1.2B	2.0B	1.7B	2.3B	2.5B
Other Current Liab	127.9M	4.0M	10.6M	104.9M	23.4M	36.4M
Total Current Liabilities	484.8M	654.5M	1.4B	966.7M	1.1B	1.1B
Total Stockholder Equity	1.2B	1.8B	2.2B	2.5B	2.6B	2.7B
Property Plant And Equipment Net	1.5B	1.4B	2.7B	2.5B	2.8B	3.0B
Net Debt	1.8B	1.2B	2.0B	1.6B	2.0B	2.1B
Retained Earnings	597.1M	805.1M	1.2B	1.6B	1.6B	1.7B
Accounts Payable	237.0M	468.2M	861.4M	708.8M	450.6M	237.2M
Non Current Assets Total	3.0B	3.2B	4.6B	4.2B	4.9B	5.2B
Non Currrent Assets Other	8.6M	14.2M	6.5M	23.6M	16.4M	17.2M
Other Assets	16.4M	25.4M	36.1M	50.6M	58.2M	61.1M
Net Receivables	462.8M	605.5M	1.1B	1.0B	918.4M	964.3M
Common Stock Shares Outstanding	85.4M	90.9M	95.3M	91.3M	87.0M	83.9M
Liabilities And Stockholders Equity	3.5B	3.8B	5.8B	5.5B	6.3B	6.6B
Non Current Liabilities Total	1.9B	1.4B	2.1B	2.1B	2.6B	2.8B
Inventory	10.6M	8.8M	24.4M	24.2M	24.0M	25.2M
Other Current Assets	19.0M	34.2M	56.5M	48.8M	58.1M	29.8M
Other Stockholder Equity	16.1M	19.8M	39.2M	47.3M	37.4M	35.6M
Total Liab	2.3B	2.1B	3.5B	3.0B	3.7B	3.9B
Property Plant And Equipment Gross	1.9B	1.4B	2.7B	2.5B	4.2B	4.4B
Total Current Assets	523.6M	652.8M	1.2B	1.3B	1.3B	1.4B
Accumulated Other Comprehensive Income	18.7M	(154.7M)	(144.7M)	(239.1M)	(200.3M)	(210.3M)
Short Term Debt	119.9M	131.5M	478.9M	153.0M	301.7M	316.8M
Current Deferred Revenue	125.2M	50.7M	55.3M	290.3M	333.9M	350.5M
Cash And Short Term Investments	(75.9M)	4.3M	19.3M	147.1M	335.6M	352.3M
Cash	(75.9M)	4.3M	19.3M	147.1M	335.6M	352.3M
Good Will	1.2B	1.4B	1.4B	1.3B	1.5B	821.9M
Common Stock Total Equity	711.0M	704.5M	680.2M	1.1B	1.3B	692.6M
Common Stock	520.7M	1.1B	1.1B	1.1B	1.1B	709.9M
Intangible Assets	319.1M	374.2M	368.1M	310.8M	536.2M	277.2M
Other Liab	280.0M	307.7M	568.3M	500.3M	575.3M	390.6M
Net Tangible Assets	(345.9M)	40.4M	427.4M	871.0M	1.0B	1.1B
Long Term Debt	1.7B	829.5M	1.2B	1.3B	1.7B	1.4B
Long Term Investments	1.4M	9.7M	31.4M	86.0M	50.2M	52.7M
Short Long Term Debt	57.4M	43.0M	363.6M	37.1M	174.4M	184.9M
Property Plant Equipment	1.5B	1.4B	2.7B	2.5B	2.9B	1.6B
Long Term Debt Total	2.1B	1.1B	1.6B	1.6B	1.8B	1.6B

Pair Trading with TFI International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TFI International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TFI International will appreciate offsetting losses from the drop in the long position's value.

Moving against TFI Stock

0.5

Telus Corp

Pair Corr

The ability to find closely correlated positions to TFI International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TFI International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TFI International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TFI International to buy it.

The correlation of TFI International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TFI International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TFI International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for TFI International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:

How To Invest In TFI

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Is TFI Stock a good investment?

Details

What is TFI International's Net Worth?

Details

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Please note, there is a significant difference between TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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TFI Investments vs Free Cash Flow Analysis

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Investments

Free Cash Flow

TFI International fundamental ratios Correlations

TFI International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TFI International fundamental ratios Accounts

Pair Trading with TFI International

Moving against TFI Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Assets Total
Total Stockholder Equity	+ 0.98	Total Assets

Other Stockholder Equity	- 0.32	Other Assets
Good Will	- 0.3	Other Stockholder Equity
Short Term Debt	- 0.3	Non Currrent Assets Other
Other Stockholder Equity	- 0.26	Short Long Term Debt Total
Other Stockholder Equity	- 0.24	Other Current Liab
Short Term Debt	- 0.23	Other Stockholder Equity