Texmo Pipes and Products Balance Sheet Health
Financial Health criteria checks 4/6
Texmo Pipes and Products has a total shareholder equity of ₹2.0B and total debt of ₹562.4M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ₹3.5B and ₹1.5B respectively. Texmo Pipes and Products's EBIT is ₹202.5M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹113.2M.
Key information
28.6%
Debt to equity ratio
₹562.41m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹113.23m |
| Equity | ₹1.97b |
| Total liabilities | ₹1.50b |
| Total assets | ₹3.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533164's short term assets (₹1.7B) exceed its short term liabilities (₹875.9M).
Long Term Liabilities: 533164's short term assets (₹1.7B) exceed its long term liabilities (₹626.7M).
Debt to Equity History and Analysis
Debt Level: 533164's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 533164's debt to equity ratio has increased from 25.6% to 28.6% over the past 5 years.
Debt Coverage: 533164's debt is well covered by operating cash flow (35.2%).
Interest Coverage: 533164's interest payments on its debt are not well covered by EBIT (2.9x coverage).