TXT e-solutions Balance Sheet Health
Financial Health criteria checks 4/6
TXT e-solutions has a total shareholder equity of €106.9M and total debt of €107.5M, which brings its debt-to-equity ratio to 100.5%. Its total assets and total liabilities are €287.9M and €180.9M respectively. TXT e-solutions's EBIT is €20.5M making its interest coverage ratio -66.7. It has cash and short-term investments of €70.1M.
Key information
100.5%
Debt to equity ratio
€107.49m
Debt
Interest coverage ratio | -66.7x |
Cash | €70.11m |
Equity | €106.93m |
Total liabilities | €180.94m |
Total assets | €287.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXTM's short term assets (€166.1M) exceed its short term liabilities (€109.8M).
Long Term Liabilities: TXTM's short term assets (€166.1M) exceed its long term liabilities (€71.1M).
Debt to Equity History and Analysis
Debt Level: TXTM's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: TXTM's debt to equity ratio has increased from 57.8% to 100.5% over the past 5 years.
Debt Coverage: TXTM's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: TXTM earns more interest than it pays, so coverage of interest payments is not a concern.