Tricon Residential Inc.

Tricon Residential Inc.verified

TCN.TO

Price:

$15.34

Market Cap:

$3.01B

Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 31,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform. More information about Tricon is available at www.triconresidential.com.[Read more]

Industry

Real Estate - Services

IPO Date

2010-08-17

Stock Exchange

TSX

Ticker

TCN.TO

The Current Ratio as of October 2024 (TTM) for Tricon Residential Inc. (TCN.TO) is 0.49

According to Tricon Residential Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.49. This represents a change of 79.14% compared to the average of 0.27 of the last 4 quarters.

Tricon Residential Inc. (TCN.TO) Historical Current Ratio (quarterly & annually)

How has TCN.TO Current Ratio performed in the past?

The mean historical Current Ratio of Tricon Residential Inc. over the last ten years is 0.96. The current 0.49 Current Ratio has changed 4.96% with respect to the historical average. Over the past ten years (40 quarters), TCN.TO's Current Ratio was at its highest in in the September 2015 quarter at 4.49. The Current Ratio was at its lowest in in the March 2017 quarter at 0.14.

Quarterly (TTM)
Annual

Average

0.96

Median

0.55

Minimum

0.22

Maximum

2.28

Tricon Residential Inc. (TCN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tricon Residential Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 165.02%

Maximum Annual Current Ratio = 2.28

Minimum Annual Increase = -73.47%

Minimum Annual Current Ratio = 0.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.4980.28%
20220.27-53.92%
20210.58165.02%
20200.22-56.84%
20190.51-73.47%
20181.9320.92%
20171.59-30.16%
20162.2888.08%
20151.21139.15%
20140.51-27.81%

Tricon Residential Inc. (TCN.TO) Average Current Ratio

How has TCN.TO Current Ratio performed in the past?

The current Current Ratio of Tricon Residential Inc. (TCN.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.45

5-year avg

0.41

10-year avg

0.96

Tricon Residential Inc. (TCN.TO) Current Ratio vs. Peers

How is TCN.TO’s Current Ratio compared to its peers?

Tricon Residential Inc.’s Current Ratio is greater than Killam Apartment REIT (0.10), greater than InterRent Real Estate Investment Trust (0.05), greater than Dream Industrial Real Estate Investment Trust (0.37), less than Colliers International Group Inc. (1.03), greater than Boardwalk Real Estate Investment Trust (0.23),

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