Termo-Rex Balance Sheet Health
Financial Health criteria checks 6/6
Termo-Rex has a total shareholder equity of PLN30.4M and total debt of PLN1.5M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are PLN39.5M and PLN9.2M respectively. Termo-Rex's EBIT is PLN1.6M making its interest coverage ratio 10.4. It has cash and short-term investments of PLN1.2M.
Key information
4.9%
Debt to equity ratio
zł1.48m
Debt
| Interest coverage ratio | 10.4x |
| Cash | zł1.22m |
| Equity | zł30.35m |
| Total liabilities | zł9.19m |
| Total assets | zł39.54m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TRR's short term assets (PLN13.9M) exceed its short term liabilities (PLN7.2M).
Long Term Liabilities: TRR's short term assets (PLN13.9M) exceed its long term liabilities (PLN2.0M).
Debt to Equity History and Analysis
Debt Level: TRR's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: TRR's debt to equity ratio has reduced from 15.4% to 4.9% over the past 5 years.
Debt Coverage: TRR's debt is well covered by operating cash flow (283%).
Interest Coverage: TRR's interest payments on its debt are well covered by EBIT (10.4x coverage).