TX Group Balance Sheet Health
Financial Health criteria checks 6/6
TX Group has a total shareholder equity of CHF2.6B and total debt of CHF24.7M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CHF3.4B and CHF852.6M respectively. TX Group's EBIT is CHF51.8M making its interest coverage ratio -6.8. It has cash and short-term investments of CHF333.8M.
Key information
1.0%
Debt to equity ratio
CHF 24.70m
Debt
| Interest coverage ratio | -6.8x |
| Cash | CHF 333.80m |
| Equity | CHF 2.58b |
| Total liabilities | CHF 852.60m |
| Total assets | CHF 3.43b |
Recent financial health updates
Is TX Group (VTX:TXGN) Using Too Much Debt?
Apr 17
Is TX Group (VTX:TXGN) A Risky Investment?
Nov 10Does TX Group (VTX:TXGN) Have A Healthy Balance Sheet?
May 25TX Group (VTX:TXGN) Has A Rock Solid Balance Sheet
Nov 20These 4 Measures Indicate That TX Group (VTX:TXGN) Is Using Debt Safely
May 14TX Group (VTX:TXGN) Seems To Use Debt Rather Sparingly
Dec 28Recent updates
Is TX Group (VTX:TXGN) Using Too Much Debt?
Apr 17What TX Group AG's (VTX:TXGN) P/S Is Not Telling You
Jan 22Is TX Group (VTX:TXGN) A Risky Investment?
Nov 10Does TX Group (VTX:TXGN) Have A Healthy Balance Sheet?
May 25Does TX Group (VTX:TXGN) Deserve A Spot On Your Watchlist?
Feb 01TX Group (VTX:TXGN) Has A Rock Solid Balance Sheet
Nov 20If EPS Growth Is Important To You, TX Group (VTX:TXGN) Presents An Opportunity
Oct 20These 4 Measures Indicate That TX Group (VTX:TXGN) Is Using Debt Safely
May 14TX Group (VTX:TXGN) Seems To Use Debt Rather Sparingly
Dec 28Does TX Group (VTX:TXGN) Have A Healthy Balance Sheet?
Sep 09These 4 Measures Indicate That TX Group (VTX:TXGN) Is Using Debt Reasonably Well
May 07What Kind Of Investors Own Most Of TX Group AG (VTX:TXGN)?
Feb 26Looking For Steady Income For Your Dividend Portfolio? Is TX Group AG (VTX:TXGN) A Good Fit?
Jan 21
A Look At TX Group's (VTX:TXGN) Share Price Returns
Nov 30Financial Position Analysis
Short Term Liabilities: TXGN's short term assets (CHF628.8M) exceed its short term liabilities (CHF517.6M).
Long Term Liabilities: TXGN's short term assets (CHF628.8M) exceed its long term liabilities (CHF335.0M).
Debt to Equity History and Analysis
Debt Level: TXGN has more cash than its total debt.
Reducing Debt: TXGN's debt to equity ratio has reduced from 7.6% to 1% over the past 5 years.
Debt Coverage: TXGN's debt is well covered by operating cash flow (800.8%).
Interest Coverage: TXGN earns more interest than it pays, so coverage of interest payments is not a concern.