T.R.V. Rubber Products Balance Sheet Health
Financial Health criteria checks 6/6
T.R.V. Rubber Products has a total shareholder equity of THB459.3M and total debt of THB4.5M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are THB505.5M and THB46.3M respectively. T.R.V. Rubber Products's EBIT is THB22.6M making its interest coverage ratio 9.3. It has cash and short-term investments of THB330.2M.
Key information
1.0%
Debt to equity ratio
฿4.53m
Debt
Interest coverage ratio | 9.3x |
Cash | ฿330.21m |
Equity | ฿459.25m |
Total liabilities | ฿46.29m |
Total assets | ฿505.54m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TRV-F's short term assets (THB368.1M) exceed its short term liabilities (THB30.7M).
Long Term Liabilities: TRV-F's short term assets (THB368.1M) exceed its long term liabilities (THB15.6M).
Debt to Equity History and Analysis
Debt Level: TRV-F has more cash than its total debt.
Reducing Debt: TRV-F's debt to equity ratio has reduced from 37.2% to 1% over the past 5 years.
Debt Coverage: TRV-F's debt is well covered by operating cash flow (756.5%).
Interest Coverage: TRV-F's interest payments on its debt are well covered by EBIT (9.3x coverage).