Reject Shop Balance Sheet Health
Financial Health criteria checks 6/6
Reject Shop has a total shareholder equity of A$170.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$490.7M and A$320.7M respectively. Reject Shop's EBIT is A$13.8M making its interest coverage ratio 2.1. It has cash and short-term investments of A$49.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 2.1x |
| Cash | AU$49.88m |
| Equity | AU$170.08m |
| Total liabilities | AU$320.65m |
| Total assets | AU$490.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRS's short term assets (A$203.7M) exceed its short term liabilities (A$161.9M).
Long Term Liabilities: TRS's short term assets (A$203.7M) exceed its long term liabilities (A$158.7M).
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 15.6%.
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.