TXO Partners Balance Sheet Health
Financial Health criteria checks 4/6
TXO Partners has a total shareholder equity of $572.8M and total debt of $7.1M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $774.5M and $201.7M respectively.
Key information
1.2%
Debt to equity ratio
US$7.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$76.00m |
| Equity | US$572.79m |
| Total liabilities | US$201.73m |
| Total assets | US$774.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7OJ's short term assets ($117.0M) exceed its short term liabilities ($35.8M).
Long Term Liabilities: 7OJ's short term assets ($117.0M) do not cover its long term liabilities ($165.9M).
Debt to Equity History and Analysis
Debt Level: 7OJ has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7OJ's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 7OJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7OJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 71.8% per year.