Trex Company Balance Sheet Health
Financial Health criteria checks 5/6
Trex Company has a total shareholder equity of $804.1M and total debt of $223.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are $1.3B and $488.8M respectively. Trex Company's EBIT is $338.3M making its interest coverage ratio -170.4. It has cash and short-term investments of $3.1M.
Key information
27.7%
Debt to equity ratio
US$223.00m
Debt
Interest coverage ratio | -170.4x |
Cash | US$3.05m |
Equity | US$804.15m |
Total liabilities | US$488.81m |
Total assets | US$1.29b |
Recent financial health updates
Trex 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 04Trex Company (NYSE:TREX) Has A Pretty Healthy Balance Sheet
Feb 20Here's Why Trex Company (NYSE:TREX) Can Manage Its Debt Responsibly
Nov 20Recent updates
Trex 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 10Trex sells commercial products unit for $8.3M
Dec 30Here's What Trex Company's (NYSE:TREX) Strong Returns On Capital Mean
Dec 28Here's Why Trex Company (NYSE:TREX) Can Manage Its Debt Responsibly
Nov 20Trex Q3 2022 Earnings Preview
Oct 30Is There Now An Opportunity In Trex Company, Inc. (NYSE:TREX)?
Oct 04Is Now The Time To Put Trex Company (NYSE:TREX) On Your Watchlist?
Sep 16Trex Company Is Still Full Of Value
Sep 02Trex: Disappointing H2 Guidance, But We Still Think Shares Are Undervalued
Aug 10What Does The Future Hold For Trex Company, Inc. (NYSE:TREX)? These Analysts Have Been Cutting Their Estimates
Aug 10Trex: Riding ESG Tailwinds To Continued Growth
Aug 04Is There Now An Opportunity In Trex Company, Inc. (NYSE:TREX)?
Jul 03Trex: Finally At An Attractive Price After Years Of Overvaluation
Jul 03Trex: Hold Off Buying
Jun 24Financial Position Analysis
Short Term Liabilities: TREX's short term assets ($513.4M) exceed its short term liabilities ($369.2M).
Long Term Liabilities: TREX's short term assets ($513.4M) exceed its long term liabilities ($119.6M).
Debt to Equity History and Analysis
Debt Level: TREX's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: TREX's debt to equity ratio has increased from 9.6% to 27.7% over the past 5 years.
Debt Coverage: TREX's debt is well covered by operating cash flow (148.4%).
Interest Coverage: TREX earns more interest than it pays, so coverage of interest payments is not a concern.