Trex Company Balance Sheet Health
Financial Health criteria checks 5/6
Trex Company has a total shareholder equity of $894.9M and total debt of $63.0M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are $1.3B and $375.0M respectively. Trex Company's EBIT is $350.4M making its interest coverage ratio -106.5. It has cash and short-term investments of $1.2M.
Key information
7.0%
Debt to equity ratio
US$63.00m
Debt
| Interest coverage ratio | -106.5x |
| Cash | US$1.17m |
| Equity | US$894.90m |
| Total liabilities | US$375.03m |
| Total assets | US$1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T2RE34's short term assets ($433.8M) exceed its short term liabilities ($244.4M).
Long Term Liabilities: T2RE34's short term assets ($433.8M) exceed its long term liabilities ($130.6M).
Debt to Equity History and Analysis
Debt Level: T2RE34's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: T2RE34's debt to equity ratio has increased from 0% to 7% over the past 5 years.
Debt Coverage: T2RE34's debt is well covered by operating cash flow (478.2%).
Interest Coverage: T2RE34 earns more interest than it pays, so coverage of interest payments is not a concern.