TXT e-solutions Balance Sheet Health
Financial Health criteria checks 5/6
TXT e-solutions has a total shareholder equity of €113.9M and total debt of €105.1M, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are €302.2M and €188.4M respectively. TXT e-solutions's EBIT is €21.2M making its interest coverage ratio 8.7. It has cash and short-term investments of €62.0M.
Key information
92.3%
Debt to equity ratio
€105.12m
Debt
Interest coverage ratio | 8.7x |
Cash | €61.99m |
Equity | €113.87m |
Total liabilities | €188.37m |
Total assets | €302.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NLD's short term assets (€170.8M) exceed its short term liabilities (€120.0M).
Long Term Liabilities: 0NLD's short term assets (€170.8M) exceed its long term liabilities (€68.4M).
Debt to Equity History and Analysis
Debt Level: 0NLD's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 0NLD's debt to equity ratio has increased from 59.5% to 92.3% over the past 5 years.
Debt Coverage: 0NLD's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 0NLD's interest payments on its debt are well covered by EBIT (8.7x coverage).