Termo-Rex Balance Sheet Health
Financial Health criteria checks 6/6
Termo-Rex has a total shareholder equity of PLN30.1M and total debt of PLN1.8M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are PLN42.5M and PLN12.3M respectively. Termo-Rex's EBIT is PLN4.4M making its interest coverage ratio 44.1. It has cash and short-term investments of PLN2.0M.
Key information
6.0%
Debt to equity ratio
zł1.80m
Debt
Interest coverage ratio | 44.1x |
Cash | zł1.95m |
Equity | zł30.13m |
Total liabilities | zł12.32m |
Total assets | zł42.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TRR's short term assets (PLN16.9M) exceed its short term liabilities (PLN10.2M).
Long Term Liabilities: TRR's short term assets (PLN16.9M) exceed its long term liabilities (PLN2.1M).
Debt to Equity History and Analysis
Debt Level: TRR has more cash than its total debt.
Reducing Debt: TRR's debt to equity ratio has reduced from 32.6% to 6% over the past 5 years.
Debt Coverage: TRR's debt is well covered by operating cash flow (266.3%).
Interest Coverage: TRR's interest payments on its debt are well covered by EBIT (44.1x coverage).