TFI International Inc (TFII) - Total Assets
Based on the latest financial reports, TFI International Inc (TFII) holds total assets worth CA$7.11 Billion CAD (≈ $5.14 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See TFI International Inc (TFII) shareholders funds for net asset value and shareholders' equity analysis.
TFI International Inc - Total Assets Trend (1996–2024)
This chart illustrates how TFI International Inc's total assets have evolved over time, based on quarterly financial data.
TFI International Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
TFI International Inc's total assets of CA$7.11 Billion consist of 14.5% current assets and 85.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.0% |
| Accounts Receivable | CA$892.81 Million | 12.5% |
| Inventory | CA$17.94 Million | 0.3% |
| Property, Plant & Equipment | CA$3.43 Billion | 48.0% |
| Intangible Assets | CA$700.68 Million | 9.8% |
| Goodwill | CA$1.92 Billion | 26.9% |
Asset Composition Trend (1996–2024)
This chart illustrates how TFI International Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TFII company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TFI International Inc's current assets represent 14.5% of total assets in 2024, a decrease from 32.4% in 1996.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, an increase from 29.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 48.0% of total assets.
TFI International Inc Competitors by Total Assets
Key competitors of TFI International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mingzhu Logistics Holdings Ltd
NASDAQ:YGMZ
|
USA | $101.68 Million |
|
Guna Timur Raya PT
JK:TRUK
|
Indonesia | Rp56.74 Billion |
|
Lindsay Australia Ltd
AU:LAU
|
Australia | AU$751.88 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
Brazil | R$1.37 Billion |
|
Mullen Group Ltd.
TO:MTL
|
Canada | CA$2.57 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
China | CN¥16.14 Billion |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
China | CN¥15.27 Billion |
|
Dazhong Transportation Group Co Ltd A
SHG:600611
|
China | CN¥19.32 Billion |
TFI International Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.06 | 0.98 | 1.00 |
| Quick Ratio | 1.05 | 0.96 | 0.98 |
| Cash Ratio | 0.03 | 0.04 | 0.00 |
| Working Capital | CA$64.76 Million | CA$-22.26 Million | CA$-1.68 Million |
TFI International Inc - Advanced Valuation Insights
This section examines the relationship between TFI International Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.79 |
| Latest Market Cap to Assets Ratio | 1.61 |
| Asset Growth Rate (YoY) | 13.9% |
| Total Assets | CA$7.14 Billion |
| Market Capitalization | $11.52 Billion USD |
Valuation Analysis
Above Book Valuation: The market values TFI International Inc's assets above their book value (1.61x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: TFI International Inc's assets grew by 13.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TFI International Inc (1996–2024)
The table below shows the annual total assets of TFI International Inc from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.14 Billion ≈ $5.16 Billion |
+13.89% |
| 2023-12-31 | CA$6.27 Billion ≈ $4.53 Billion |
+12.83% |
| 2022-12-31 | CA$5.56 Billion ≈ $4.02 Billion |
-4.78% |
| 2021-12-31 | CA$5.83 Billion ≈ $4.22 Billion |
+52.15% |
| 2020-12-31 | CA$3.83 Billion ≈ $2.77 Billion |
+9.92% |
| 2019-12-31 | CA$3.49 Billion ≈ $2.52 Billion |
+17.33% |
| 2018-12-31 | CA$2.97 Billion ≈ $2.15 Billion |
+0.31% |
| 2017-12-31 | CA$2.96 Billion ≈ $2.14 Billion |
-2.14% |
| 2016-12-31 | CA$3.03 Billion ≈ $2.19 Billion |
+24.44% |
| 2015-12-31 | CA$2.43 Billion ≈ $1.76 Billion |
-21.75% |
| 2014-12-31 | CA$3.11 Billion ≈ $2.25 Billion |
+51.88% |
| 2013-12-31 | CA$2.05 Billion ≈ $1.48 Billion |
-3.12% |
| 2012-12-31 | CA$2.11 Billion ≈ $1.53 Billion |
+1.94% |
| 2011-12-31 | CA$2.07 Billion ≈ $1.50 Billion |
+25.70% |
| 2010-12-31 | CA$1.65 Billion ≈ $1.19 Billion |
+13.76% |
| 2009-12-31 | CA$1.45 Billion ≈ $1.05 Billion |
-4.05% |
| 2008-12-31 | CA$1.51 Billion ≈ $1.09 Billion |
+3.19% |
| 2007-12-31 | CA$1.46 Billion ≈ $1.06 Billion |
+40.27% |
| 2006-12-31 | CA$1.04 Billion ≈ $755.53 Million |
+32.83% |
| 2005-12-31 | CA$786.27 Million ≈ $568.78 Million |
+51.25% |
| 2004-12-31 | CA$519.86 Million ≈ $376.06 Million |
+59.76% |
| 2003-12-31 | CA$325.41 Million ≈ $235.39 Million |
+20.33% |
| 2002-12-31 | CA$270.42 Million ≈ $195.62 Million |
+32.48% |
| 2001-12-31 | CA$204.12 Million ≈ $147.66 Million |
+1.87% |
| 2000-12-31 | CA$200.37 Million ≈ $144.94 Million |
-3.08% |
| 1999-12-31 | CA$206.73 Million ≈ $149.54 Million |
+116.18% |
| 1998-12-31 | CA$95.63 Million ≈ $69.17 Million |
+36.17% |
| 1997-12-31 | CA$70.22 Million ≈ $50.80 Million |
+27.66% |
| 1996-12-31 | CA$55.01 Million ≈ $39.79 Million |
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About TFI International Inc
TFI International Inc., together with its subsidiaries, provides transportation and logistics services in the United States, Mexico, and Canada. It operates through Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank,… Read more