T.R.V. Rubber Products Balance Sheet Health
Financial Health criteria checks 5/6
T.R.V. Rubber Products has a total shareholder equity of THB463.4M and total debt of THB106.5M, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are THB664.7M and THB201.3M respectively. T.R.V. Rubber Products's EBIT is THB29.7M making its interest coverage ratio 23.9. It has cash and short-term investments of THB76.4M.
Key information
23.0%
Debt to equity ratio
฿106.47m
Debt
Interest coverage ratio | 23.9x |
Cash | ฿76.37m |
Equity | ฿463.40m |
Total liabilities | ฿201.33m |
Total assets | ฿664.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRV-R's short term assets (THB527.8M) exceed its short term liabilities (THB189.7M).
Long Term Liabilities: TRV-R's short term assets (THB527.8M) exceed its long term liabilities (THB11.7M).
Debt to Equity History and Analysis
Debt Level: TRV-R's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: TRV-R's debt to equity ratio has reduced from 60% to 23% over the past 5 years.
Debt Coverage: TRV-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRV-R's interest payments on its debt are well covered by EBIT (23.9x coverage).