Tmx Group Limited Stock Today

X Stock  CAD 43.84  0.19  0.43%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 10

 
High
 
Low
Low
TMX Group is selling at 43.84 as of the 25th of November 2024; that is 0.43 percent decrease since the beginning of the trading day. The stock's open price was 44.03. TMX Group has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for TMX Group Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada. TMX GROUP operates under Financial Data Stock Exchanges classification in Canada and is traded on Toronto Stock Exchange. The company has 277.73 M outstanding shares of which 1.7 M shares are at this time shorted by private and institutional investors with about 5.08 trading days to cover. More on TMX Group Limited

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TMX 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. TMX Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TMX Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJohn McKenzie
Business ConcentrationFinancial Exchanges & Data, Financial Data & Stock Exchanges, Financial Services, Financials, Capital Markets, Financial Data & Stock Exchanges, Financial Services (View all Sectors)
TMX Group's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TMX Group'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
TMX Group 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 TMX Group's financial leverage. It provides some insight into what part of TMX Group's total assets is financed by creditors.
Liquidity
TMX Group 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. TMX Group Limited currently holds 1.15 B in liabilities with Debt to Equity (D/E) ratio of 0.29, which may suggest the company is not taking enough advantage from borrowing. TMX Group Limited has a current ratio of 0.98, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist TMX Group until it has trouble settling it off, either with new capital or with free cash flow. So, TMX Group'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 TMX Group Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TMX to invest in growth at high rates of return. When we think about TMX Group's use of debt, we should always consider it together with cash and equity.

Depreciation

118.12 Million
TMX Group Limited (X) is traded on Toronto Exchange in Canada and employs 1,999 people. TMX Group is listed under Financial Exchanges & Data category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TMX Group's market, we take the total number of its shares issued and multiply it by TMX Group'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. TMX Group Limited conducts business under Capital Markets sector and is part of Financials industry. The entity has 277.73 M outstanding shares of which 1.7 M shares are at this time shorted by private and institutional investors with about 5.08 trading days to cover. TMX Group Limited currently holds about 1.3 M in cash with 524.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.77.
Check TMX Group Probability Of Bankruptcy
Ownership Allocation
TMX Group Limited shows a total of 277.73 Million outstanding shares. Over half of TMX Group's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Accordingly, these institutions are subject to different rules and regulations than regular investors in TMX Group Limited. Please watch out for any change in the institutional holdings of TMX Group as this could mean something significant has changed or is about to change at the company. 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 TMX Ownership Details

TMX Group Limited Risk Profiles

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

TMX Stock Against Markets

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TMX Group Corporate Directors

Jean MartelIndependent DirectorProfile
Kevin SullivanNon-Independent DirectorProfile
Marie GiguereIndependent DirectorProfile
Eric WetlauferIndependent DirectorProfile

Other Information on Investing in TMX Stock

TMX Group financial ratios help investors to determine whether TMX 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 TMX with respect to the benefits of owning TMX Group security.