Tredegar Balance Sheet Health
Financial Health criteria checks 1/6
Tredegar has a total shareholder equity of $158.4M and total debt of $143.4M, which brings its debt-to-equity ratio to 90.5%. Its total assets and total liabilities are $442.5M and $284.1M respectively. Tredegar's EBIT is $20.7M making its interest coverage ratio 1.5. It has cash and short-term investments of $2.7M.
Key information
90.5%
Debt to equity ratio
US$143.36m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$2.72m |
| Equity | US$158.45m |
| Total liabilities | US$284.09m |
| Total assets | US$442.54m |
Recent financial health updates
Is Tredegar (NYSE:TG) A Risky Investment?
Jul 13
Is Tredegar (NYSE:TG) Weighed On By Its Debt Load?
Mar 16These 4 Measures Indicate That Tredegar (NYSE:TG) Is Using Debt In A Risky Way
Aug 10We Think Tredegar (NYSE:TG) Is Taking Some Risk With Its Debt
May 09Tredegar (NYSE:TG) Has A Pretty Healthy Balance Sheet
May 07Does Tredegar (NYSE:TG) Have A Healthy Balance Sheet?
Dec 31
Recent updates
There's No Escaping Tredegar Corporation's (NYSE:TG) Muted Revenues Despite A 28% Share Price Rise
Nov 07Investors Aren't Buying Tredegar Corporation's (NYSE:TG) Revenues
Sep 20Is Tredegar (NYSE:TG) A Risky Investment?
Jul 13We Think Tredegar Corporation's (NYSE:TG) CEO Compensation Package Needs To Be Put Under A Microscope
May 03Tredegar Corporation (NYSE:TG) Stock Catapults 36% Though Its Price And Business Still Lag The Industry
Mar 22Is Tredegar (NYSE:TG) Weighed On By Its Debt Load?
Mar 16Tredegar: A Corporate Restructuring And Downcycle Mask A Great Opportunity
Jan 19Tredegar: A Brighter Future But Not A Value Buy Yet
Oct 25These 4 Measures Indicate That Tredegar (NYSE:TG) Is Using Debt In A Risky Way
Aug 10Tredegar: Dividend Will Likely Be Canceled, But Risk-Tolerant Investors Should Eventually Be Rewarded For Patience
Jul 28We Think Tredegar (NYSE:TG) Is Taking Some Risk With Its Debt
May 09Tredegar former CEO John Gottwald steps down as chairman
Jan 09New ERP Software And The Internet Of Things May Push Tredegar's Price Up
Dec 26Tredegar declares $0.13 dividend
Nov 15Tredegar Non-GAAP EPS of C$0.14, revenue of C$238.61M
Nov 09Tredegar (NYSE:TG) Is Increasing Its Dividend To $0.13
Aug 08Tredegar (NYSE:TG) Is Due To Pay A Dividend Of US$0.12
Jun 08Tredegar (NYSE:TG) Is Due To Pay A Dividend Of US$0.12
May 25Tredegar (NYSE:TG) Will Pay A Dividend Of US$0.12
May 11Tredegar Stock Is Trading At Bargain Prices
Apr 28Tredegar (NYSE:TG) Will Pay A Dividend Of US$0.12
Sep 06Tredegar (NYSE:TG) Will Pay A Dividend Of US$0.12
Aug 23Tredegar's (NYSE:TG) Dividend Will Be US$0.12
Aug 09Tredegar (NYSE:TG) Has A Pretty Healthy Balance Sheet
May 07Tredegar reports Q1 results
May 07Should You Or Shouldn't You: A Dividend Analysis on Tredegar Corporation (NYSE:TG)
Apr 19Is It Worth Considering Tredegar Corporation (NYSE:TG) For Its Upcoming Dividend?
Mar 06Here’s What’s Happening With Returns At Tredegar (NYSE:TG)
Feb 23How Much Have Tredegar (NYSE:TG) Shareholders Earned On Their Investment Over The Last Year?
Jan 26Tredegar Is Highly Profitable
Jan 04Does Tredegar (NYSE:TG) Have A Healthy Balance Sheet?
Dec 31Tredegar Corporation (NYSE:TG) Will Pay A US$0.12 Dividend In Four Days
Dec 05Is Tredegar Corporation (NYSE:TG) A Great Dividend Stock?
Nov 25Tredegar reports Q3 results
Nov 09Tredegar declares $0.12 dividend
Nov 05Financial Position Analysis
Short Term Liabilities: TG's short term assets ($188.3M) do not cover its short term liabilities ($239.3M).
Long Term Liabilities: TG's short term assets ($188.3M) exceed its long term liabilities ($44.8M).
Debt to Equity History and Analysis
Debt Level: TG's net debt to equity ratio (88.8%) is considered high.
Reducing Debt: TG's debt to equity ratio has increased from 17.1% to 90.5% over the past 5 years.
Debt Coverage: TG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TG's interest payments on its debt are not well covered by EBIT (1.5x coverage).