Texas Instruments Balance Sheet Health
Financial Health criteria checks 5/6
Texas Instruments has a total shareholder equity of $17.3B and total debt of $13.9B, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are $35.3B and $18.1B respectively. Texas Instruments's EBIT is $5.5B making its interest coverage ratio 11.5. It has cash and short-term investments of $8.8B.
Key information
80.5%
Debt to equity ratio
US$13.89b
Debt
| Interest coverage ratio | 11.5x |
| Cash | US$8.75b |
| Equity | US$17.27b |
| Total liabilities | US$18.05b |
| Total assets | US$35.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXND's short term assets ($15.9B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: TXND's short term assets ($15.9B) exceed its long term liabilities ($14.4B).
Debt to Equity History and Analysis
Debt Level: TXND's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: TXND's debt to equity ratio has increased from 64.6% to 80.5% over the past 5 years.
Debt Coverage: TXND's debt is well covered by operating cash flow (44.9%).
Interest Coverage: TXND's interest payments on its debt are well covered by EBIT (11.5x coverage).