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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXGNZ's short term assets (CHF559.9M) exceed its short term liabilities (CHF482.6M).
Long Term Liabilities: TXGNZ's short term assets (CHF559.9M) exceed its long term liabilities (CHF303.7M).
Debt to Equity History and Analysis
Debt Level: TXGNZ has more cash than its total debt.
Reducing Debt: TXGNZ's debt to equity ratio has reduced from 4.4% to 0.9% over the past 5 years.
Debt Coverage: TXGNZ's debt is well covered by operating cash flow (803%).
Interest Coverage: TXGNZ earns more interest than it pays, so coverage of interest payments is not a concern.