Trex Company Balance Sheet Health
Financial Health criteria checks 5/6
Trex Company has a total shareholder equity of $804.1M and total debt of $223.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are $1.3B and $488.8M respectively. Trex Company's EBIT is $338.3M making its interest coverage ratio -170.4. It has cash and short-term investments of $3.1M.
Key information
27.7%
Debt to equity ratio
US$223.00m
Debt
Interest coverage ratio | -170.4x |
Cash | US$3.05m |
Equity | US$804.15m |
Total liabilities | US$488.81m |
Total assets | US$1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRR's short term assets ($513.4M) exceed its short term liabilities ($369.2M).
Long Term Liabilities: TRR's short term assets ($513.4M) exceed its long term liabilities ($119.6M).
Debt to Equity History and Analysis
Debt Level: TRR's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: TRR's debt to equity ratio has increased from 9.6% to 27.7% over the past 5 years.
Debt Coverage: TRR's debt is well covered by operating cash flow (148.4%).
Interest Coverage: TRR earns more interest than it pays, so coverage of interest payments is not a concern.