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 THB446.1M and total debt of THB8.4M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are THB486.7M and THB40.6M respectively. T.R.V. Rubber Products's EBIT is THB13.7M making its interest coverage ratio 10.7. It has cash and short-term investments of THB114.7M.
Key information
1.9%
Debt to equity ratio
฿8.39m
Debt
Interest coverage ratio | 10.7x |
Cash | ฿114.74m |
Equity | ฿446.09m |
Total liabilities | ฿40.63m |
Total assets | ฿486.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRV's short term assets (THB347.1M) exceed its short term liabilities (THB28.5M).
Long Term Liabilities: TRV's short term assets (THB347.1M) exceed its long term liabilities (THB12.1M).
Debt to Equity History and Analysis
Debt Level: TRV has more cash than its total debt.
Reducing Debt: TRV's debt to equity ratio has reduced from 96.3% to 1.9% over the past 5 years.
Debt Coverage: TRV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRV's interest payments on its debt are well covered by EBIT (10.7x coverage).