Reject Shop Balance Sheet Health
Financial Health criteria checks 6/6
Reject Shop has a total shareholder equity of A$185.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$494.5M and A$309.1M respectively. Reject Shop's EBIT is A$14.3M making its interest coverage ratio 2.5. It has cash and short-term investments of A$80.7M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 2.5x |
| Cash | AU$80.67m |
| Equity | AU$185.40m |
| Total liabilities | AU$309.06m |
| Total assets | AU$494.46m |
Recent financial health updates
No updates
Recent updates
What The Reject Shop Limited's (ASX:TRS) P/E Is Not Telling You
Feb 23
When Should You Buy The Reject Shop Limited (ASX:TRS)?
Apr 19Why The Reject Shop Limited (ASX:TRS) Could Be Worth Watching
Jul 07A Look At The Intrinsic Value Of The Reject Shop Limited (ASX:TRS)
Jun 16Reject Shop (ASX:TRS) Will Want To Turn Around Its Return Trends
Oct 26Returns On Capital At Reject Shop (ASX:TRS) Paint A Concerning Picture
May 13Can You Imagine How Jubilant Reject Shop's (ASX:TRS) Shareholders Feel About Its 119% Share Price Gain?
Mar 16Reject Shop's (ASX:TRS) Robust Earnings Are Supported By Other Strong Factors
Feb 23Analyst Estimates: Here's What Brokers Think Of The Reject Shop Limited (ASX:TRS) After Its Half-Yearly Report
Feb 18The Reject Shop Limited's (ASX:TRS) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Feb 16The Returns At Reject Shop (ASX:TRS) Provide Us With Signs Of What's To Come
Jan 20What You Need To Know About The Reject Shop Limited's (ASX:TRS) Investor Composition
Dec 20Introducing Reject Shop (ASX:TRS), The Stock That Zoomed 200% In The Last Year
Nov 23Financial Position Analysis
Short Term Liabilities: TRS's short term assets (A$225.8M) exceed its short term liabilities (A$167.6M).
Long Term Liabilities: TRS's short term assets (A$225.8M) exceed its long term liabilities (A$141.4M).
Debt to Equity History and Analysis
Debt Level: TRS is debt free.
Reducing Debt: TRS has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: TRS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRS has no debt, therefore coverage of interest payments is not a concern.