Trio-Tech International Balance Sheet Health
Financial Health criteria checks 6/6
Trio-Tech International has a total shareholder equity of $31.6M and total debt of $874.0K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are $42.5M and $11.0M respectively. Trio-Tech International's EBIT is $1.1M making its interest coverage ratio 14.8. It has cash and short-term investments of $16.5M.
Key information
2.8%
Debt to equity ratio
US$874.00k
Debt
| Interest coverage ratio | 14.8x |
| Cash | US$16.53m |
| Equity | US$31.58m |
| Total liabilities | US$10.96m |
| Total assets | US$42.54m |
Financial Position Analysis
Short Term Liabilities: TRT's short term assets ($32.2M) exceed its short term liabilities ($9.4M).
Long Term Liabilities: TRT's short term assets ($32.2M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: TRT has more cash than its total debt.
Reducing Debt: TRT's debt to equity ratio has reduced from 11.9% to 2.8% over the past 5 years.
Debt Coverage: TRT's debt is well covered by operating cash flow (292.7%).
Interest Coverage: TRT's interest payments on its debt are well covered by EBIT (14.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 17:58 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Trio-Tech International is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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