Trust International Insurance P.L.C Balance Sheet Health
Financial Health criteria checks 5/6
Trust International Insurance P.L.C has a total shareholder equity of $59.5M and total debt of $1.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are $160.6M and $101.1M respectively. Trust International Insurance P.L.C's EBIT is $7.2M making its interest coverage ratio 14.2. It has cash and short-term investments of $24.3M.
Key information
2.5%
Debt to equity ratio
US$1.51m
Debt
Interest coverage ratio | 14.2x |
Cash | US$24.34m |
Equity | US$59.48m |
Total liabilities | US$101.08m |
Total assets | US$160.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRUST's short term assets ($80.0M) do not cover its short term liabilities ($92.2M).
Long Term Liabilities: TRUST's short term assets ($80.0M) exceed its long term liabilities ($8.9M).
Debt to Equity History and Analysis
Debt Level: TRUST has more cash than its total debt.
Reducing Debt: TRUST's debt to equity ratio has reduced from 5.9% to 2.5% over the past 5 years.
Debt Coverage: TRUST's debt is well covered by operating cash flow (386.4%).
Interest Coverage: TRUST's interest payments on its debt are well covered by EBIT (14.2x coverage).