Texmaco Rail & Engineering Limited

BSE:533326 Stock Report

Market Cap: ₹75.7b

Texmaco Rail & Engineering Balance Sheet Health

Financial Health criteria checks 4/6

Texmaco Rail & Engineering has a total shareholder equity of ₹25.3B and total debt of ₹6.3B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are ₹41.8B and ₹16.5B respectively. Texmaco Rail & Engineering's EBIT is ₹2.8B making its interest coverage ratio 2.3. It has cash and short-term investments of ₹7.0B.

Key information

24.9%

Debt to equity ratio

₹6.31b

Debt

Interest coverage ratio2.3x
Cash₹6.98b
Equity₹25.30b
Total liabilities₹16.55b
Total assets₹41.85b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 533326's short term assets (₹34.8B) exceed its short term liabilities (₹13.3B).

Long Term Liabilities: 533326's short term assets (₹34.8B) exceed its long term liabilities (₹3.2B).


Debt to Equity History and Analysis

Debt Level: 533326 has more cash than its total debt.

Reducing Debt: 533326's debt to equity ratio has reduced from 50.4% to 24.9% over the past 5 years.

Debt Coverage: 533326's debt is not well covered by operating cash flow (15.2%).

Interest Coverage: 533326's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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