Texas Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Texas Instruments has a total shareholder equity of $17.0B and total debt of $14.2B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are $34.9B and $17.9B respectively. Texas Instruments's EBIT is $6.5B making its interest coverage ratio 16.3. It has cash and short-term investments of $10.4B.
Key information
83.5%
Debt to equity ratio
US$14.19b
Debt
Interest coverage ratio | 16.3x |
Cash | US$10.39b |
Equity | US$16.98b |
Total liabilities | US$17.90b |
Total assets | US$34.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXN's short term assets ($17.4B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: TXN's short term assets ($17.4B) exceed its long term liabilities ($14.3B).
Debt to Equity History and Analysis
Debt Level: TXN's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: TXN's debt to equity ratio has increased from 68.2% to 83.5% over the past 5 years.
Debt Coverage: TXN's debt is well covered by operating cash flow (44.2%).
Interest Coverage: TXN's interest payments on its debt are well covered by EBIT (16.3x coverage).