Textainer Group Holdings has a total shareholder equity of $2.0B and total debt of $5.0B, which brings its debt-to-equity ratio to 252%. Its total assets and total liabilities are $7.1B and $5.1B respectively. Textainer Group Holdings's EBIT is $371.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $131.1M.
Key information
252.0%
Debt to equity ratio
US$4.99b
Debt
Interest coverage ratio
2.2x
Cash
US$131.14m
Equity
US$1.98b
Total liabilities
US$5.10b
Total assets
US$7.08b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3T71's short term assets ($468.3M) exceed its short term liabilities ($403.1M).
Long Term Liabilities: 3T71's short term assets ($468.3M) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: 3T71's net debt to equity ratio (245.4%) is considered high.
Reducing Debt: 3T71's debt to equity ratio has reduced from 276.2% to 252% over the past 5 years.
Debt Coverage: 3T71's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 3T71's interest payments on its debt are not well covered by EBIT (2.2x coverage).