TXT e-solutions Balance Sheet Health
Financial Health criteria checks 5/6
TXT e-solutions has a total shareholder equity of €130.3M and total debt of €72.7M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are €290.0M and €159.7M respectively. TXT e-solutions's EBIT is €26.5M making its interest coverage ratio 5.4. It has cash and short-term investments of €74.9M.
Key information
55.8%
Debt to equity ratio
€72.70m
Debt
| Interest coverage ratio | 5.4x |
| Cash | €74.93m |
| Equity | €130.31m |
| Total liabilities | €159.69m |
| Total assets | €290.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXE's short term assets (€127.9M) exceed its short term liabilities (€73.5M).
Long Term Liabilities: TXE's short term assets (€127.9M) exceed its long term liabilities (€86.2M).
Debt to Equity History and Analysis
Debt Level: TXE has more cash than its total debt.
Reducing Debt: TXE's debt to equity ratio has increased from 53.9% to 55.8% over the past 5 years.
Debt Coverage: TXE's debt is well covered by operating cash flow (22.6%).
Interest Coverage: TXE's interest payments on its debt are well covered by EBIT (5.4x coverage).