Powered by

FY2017 Annual Report: Torrent Capital reports EPS of 4.0c (US3.18c) Corporate Wire Date: 20 November 2018 02:35 EST

Nov 20, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

Torrent Capital (TSXV:TORR) reported EPS for the year-ended 31 December 2017 of 4.0c (US3.18c).

Highlights

- EBIT to total assets of 12.8%

- Working capital to total assets of 98.6%

- Operating Cash Flow is negative

- Net tangible assets per share of CAD0.33 (US26c)

- Current ratio of 70.0

- Total Liabilities to EBITDA of 0.1 compares favourably with the Joseph Piotroski benchmark of less than 5

- Losses in 4 years out of th...