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 THB458.6M and total debt of THB2.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are THB498.5M and THB39.9M respectively. T.R.V. Rubber Products's EBIT is THB19.3M making its interest coverage ratio 8.7. It has cash and short-term investments of THB250.8M.
Key information
0.6%
Debt to equity ratio
฿2.54m
Debt
| Interest coverage ratio | 8.7x |
| Cash | ฿250.85m |
| Equity | ฿458.57m |
| Total liabilities | ฿39.91m |
| Total assets | ฿498.48m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TRV-F's short term assets (THB354.6M) exceed its short term liabilities (THB24.7M).
Long Term Liabilities: TRV-F's short term assets (THB354.6M) exceed its long term liabilities (THB15.2M).
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 21.5% to 0.6% over the past 5 years.
Debt Coverage: TRV-F's debt is well covered by operating cash flow (5141.6%).
Interest Coverage: TRV-F's interest payments on its debt are well covered by EBIT (8.7x coverage).