Taiga Building Products Stock Today

TBL Stock  CAD 3.95  0.03  0.75%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Taiga Building is selling at 3.95 as of the 17th of January 2025; that is 0.75% down since the beginning of the trading day. The stock's open price was 3.98. Taiga Building has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 28th of January 2023 and ending today, the 17th of January 2025. Click here to learn more.
Business Domain
Materials
Category
Industrials
Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. As of September 29, 2018, Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited. TAIGA BUILDING operates under Home Improvement Stores classification in Canada and is traded on Toronto Stock Exchange. The company has 107.94 M outstanding shares of which 1.36 K shares are at this time shorted by private and institutional investors with about 0.44 days to cover all short positions. More on Taiga Building Products

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Taiga Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Taiga Building's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Taiga Building or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEORussell Permann
Business ConcentrationConstruction Materials, Industrial Distribution, Industrials, Materials, Construction Materials, Home Improvement Stores, Consumer Cyclical (View all Sectors)
Taiga Building's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Taiga Building's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Taiga Building can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Taiga Building's financial leverage. It provides some insight into what part of Taiga Building's total assets is financed by creditors.
Liquidity
Taiga Building cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Taiga Building Products has accumulated 95.38 M in total debt with debt to equity ratio (D/E) of 199.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Taiga Building Products has a current ratio of 1.46, which is within standard range for the sector. Debt can assist Taiga Building until it has trouble settling it off, either with new capital or with free cash flow. So, Taiga Building's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Taiga Building Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Taiga to invest in growth at high rates of return. When we think about Taiga Building's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(13.32 Million)
Taiga Building Products (TBL) is traded on Toronto Exchange in Canada and employs 570 people. Taiga Building is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 415.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Taiga Building's market, we take the total number of its shares issued and multiply it by Taiga Building's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Taiga Building Products operates under Construction Materials sector and is part of Materials industry. The entity has 107.94 M outstanding shares of which 1.36 K shares are at this time shorted by private and institutional investors with about 0.44 days to cover all short positions. Taiga Building Products has accumulated about 94.49 M in cash with 107.53 M of positive cash flow from operations.
Check Taiga Building Probability Of Bankruptcy
Ownership Allocation
Taiga Building Products shows a total of 107.94 Million outstanding shares. Taiga Building Products has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.12 % of Taiga Building outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Taiga Ownership Details

Taiga Building Products Risk Profiles

Although Taiga Building's alpha and beta are two of the key measurements used to evaluate Taiga Building's performance over the market, the standard measures of volatility play an important role as well.

Taiga Stock Against Markets

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Other Information on Investing in Taiga Stock

Taiga Building financial ratios help investors to determine whether Taiga Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Taiga with respect to the benefits of owning Taiga Building security.