Trex Company Balance Sheet Health
Financial Health criteria checks 5/6
Trex Company has a total shareholder equity of $887.9M and total debt of $70.0M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are $1.3B and $379.3M respectively. Trex Company's EBIT is $318.3M making its interest coverage ratio -124.3. It has cash and short-term investments of $12.8M.
Key information
7.9%
Debt to equity ratio
US$70.00m
Debt
| Interest coverage ratio | -124.3x |
| Cash | US$12.84m |
| Equity | US$887.90m |
| Total liabilities | US$379.32m |
| Total assets | US$1.27b |
Recent financial health updates
Trex Company (NYSE:TREX) Has A Rock Solid Balance Sheet
Oct 13
Is Trex Company (NYSE:TREX) Using Too Much Debt?
Jun 22Trex Company (NYSE:TREX) Seems To Use Debt Quite Sensibly
Mar 21We Think Trex Company (NYSE:TREX) Can Stay On Top Of Its Debt
Dec 14Is Trex Company (NYSE:TREX) A Risky Investment?
Sep 07Trex Company (NYSE:TREX) Has A Somewhat Strained Balance Sheet
Jun 04Recent updates
Trex Company: The Bottom Is In (Rating Upgrade)
Nov 04Trex Company (NYSE:TREX) Has A Rock Solid Balance Sheet
Oct 13Trex Company: Uneven Results
Oct 03Should You Be Adding Trex Company (NYSE:TREX) To Your Watchlist Today?
Sep 29Should You Investigate Trex Company, Inc. (NYSE:TREX) At US$66.10?
Sep 15Trex Company (NYSE:TREX) Might Become A Compounding Machine
Aug 30Trex Company, Inc.'s (NYSE:TREX) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Aug 15Trex: Steep Valuation Makes Us Pump The Brakes
Jul 22Is Trex Company (NYSE:TREX) Using Too Much Debt?
Jun 22Trex: A Wonderful Company At A Fair Price
Jun 18Are Trex Company, Inc. (NYSE:TREX) Investors Paying Above The Intrinsic Value?
Jun 08Trex Company (NYSE:TREX) Is Reinvesting To Multiply In Value
May 25Shareholders Will Probably Not Have Any Issues With Trex Company, Inc.'s (NYSE:TREX) CEO Compensation
May 01Should You Think About Buying Trex Company, Inc. (NYSE:TREX) Now?
Apr 21Trex Company: Moving Out Of This Outdoor Play
Apr 08Trex Company (NYSE:TREX) Seems To Use Debt Quite Sensibly
Mar 21Earnings Update: Here's Why Analysts Just Lifted Their Trex Company, Inc. (NYSE:TREX) Price Target To US$96.63
Mar 01Why Investors Shouldn't Be Surprised By Trex Company, Inc.'s (NYSE:TREX) P/E
Feb 06Trex Company: Stock Is Overdue For A Breather
Jan 26Some Investors May Be Worried About Trex Company's (NYSE:TREX) Returns On Capital
Jan 19We Think Trex Company (NYSE:TREX) Can Stay On Top Of Its Debt
Dec 14Does This Valuation Of Trex Company, Inc. (NYSE:TREX) Imply Investors Are Overpaying?
Nov 25Trex: An Old Opportunity With New Products
Nov 11What Is Trex Company, Inc.'s (NYSE:TREX) Share Price Doing?
Oct 25There Are Reasons To Feel Uneasy About Trex Company's (NYSE:TREX) Returns On Capital
Oct 10Is Trex Company (NYSE:TREX) A Risky Investment?
Sep 07Trex: Premium Is Too High, Stay On The Sidelines For Now
Sep 05An Intrinsic Calculation For Trex Company, Inc. (NYSE:TREX) Suggests It's 28% Undervalued
Aug 20Trex: Good Long-Term Growth Prospects But Expensive Valuation
Jul 24Is Now The Time To Look At Buying Trex Company, Inc. (NYSE:TREX)?
Jul 20Capital Allocation Trends At Trex Company (NYSE:TREX) Aren't Ideal
Jul 05Trex Company (NYSE:TREX) Has A Somewhat Strained Balance Sheet
Jun 04Is Trex Company, Inc. (NYSE:TREX) Trading At A 39% Discount?
May 19Is It Too Late To Consider Buying Trex Company, Inc. (NYSE:TREX)?
Apr 15Capital Allocation Trends At Trex Company (NYSE:TREX) Aren't Ideal
Mar 28Trex Company (NYSE:TREX) Has A Pretty Healthy Balance Sheet
Feb 20Is Trex Company, Inc. (NYSE:TREX) Potentially Undervalued?
Jan 15Trex Company: Tougher 2022 Than Previously Thought
Jan 10Financial Position Analysis
Short Term Liabilities: TREX's short term assets ($352.7M) exceed its short term liabilities ($251.2M).
Long Term Liabilities: TREX's short term assets ($352.7M) exceed its long term liabilities ($128.1M).
Debt to Equity History and Analysis
Debt Level: TREX's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: TREX's debt to equity ratio has increased from 0% to 7.9% over the past 5 years.
Debt Coverage: TREX's debt is well covered by operating cash flow (362.3%).
Interest Coverage: TREX earns more interest than it pays, so coverage of interest payments is not a concern.