Texmo Pipes and Products Balance Sheet Health
Financial Health criteria checks 5/6
Texmo Pipes and Products has a total shareholder equity of ₹2.0B and total debt of ₹452.5M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ₹3.4B and ₹1.3B respectively. Texmo Pipes and Products's EBIT is ₹193.5M making its interest coverage ratio 11.8. It has cash and short-term investments of ₹128.6M.
Key information
22.2%
Debt to equity ratio
₹452.49m
Debt
| Interest coverage ratio | 11.8x |
| Cash | ₹128.63m |
| Equity | ₹2.04b |
| Total liabilities | ₹1.31b |
| Total assets | ₹3.35b |
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 (₹734.6M).
Long Term Liabilities: 533164's short term assets (₹1.7B) exceed its long term liabilities (₹575.7M).
Debt to Equity History and Analysis
Debt Level: 533164's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 533164's debt to equity ratio has increased from 21.3% to 22.2% over the past 5 years.
Debt Coverage: 533164's debt is well covered by operating cash flow (67.4%).
Interest Coverage: 533164's interest payments on its debt are well covered by EBIT (11.8x coverage).