Têxtil Renauxview Balance Sheet Health
Financial Health criteria checks 1/6
Têxtil Renauxview has a total shareholder equity of R$-327.5M and total debt of R$304.3M, which brings its debt-to-equity ratio to -92.9%. Its total assets and total liabilities are R$179.1M and R$506.5M respectively. Têxtil Renauxview's EBIT is R$51.3M making its interest coverage ratio 1.4. It has cash and short-term investments of R$132.0K.
Key information
-92.9%
Debt to equity ratio
R$304.33m
Debt
| Interest coverage ratio | 1.4x |
| Cash | R$132.00k |
| Equity | -R$327.46m |
| Total liabilities | R$506.52m |
| Total assets | R$179.06m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TXRX3 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TXRX3 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TXRX3 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TXRX3's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TXRX3's debt is well covered by operating cash flow (23.8%).
Interest Coverage: TXRX3's interest payments on its debt are not well covered by EBIT (1.4x coverage).