TX Group Balance Sheet Health
Financial Health criteria checks 6/6
TX Group has a total shareholder equity of CHF2.5B and total debt of CHF23.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CHF3.3B and CHF786.3M respectively. TX Group's EBIT is CHF54.7M making its interest coverage ratio -7.2. It has cash and short-term investments of CHF266.3M.
Key information
0.9%
Debt to equity ratio
CHF 23.00m
Debt
| Interest coverage ratio | -7.2x |
| Cash | CHF 266.30m |
| Equity | CHF 2.47b |
| Total liabilities | CHF 786.30m |
| Total assets | CHF 3.26b |
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
TX Group's (VTX:TXGN) Solid Profits Have Weak Fundamentals
Sep 02Is 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 (CHF559.9M) exceed its short term liabilities (CHF482.6M).
Long Term Liabilities: TXGN's short term assets (CHF559.9M) exceed its long term liabilities (CHF303.7M).
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 4.4% to 0.9% over the past 5 years.
Debt Coverage: TXGN's debt is well covered by operating cash flow (803%).
Interest Coverage: TXGN earns more interest than it pays, so coverage of interest payments is not a concern.