Texmaco Infrastructure & Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Texmaco Infrastructure & Holdings has a total shareholder equity of ₹17.9B and total debt of ₹236.2M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹19.3B and ₹1.4B respectively.
Key information
1.3%
Debt to equity ratio
₹236.23m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹21.37m |
| Equity | ₹17.90b |
| Total liabilities | ₹1.38b |
| Total assets | ₹19.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505400's short term assets (₹310.0M) exceed its short term liabilities (₹76.3M).
Long Term Liabilities: 505400's short term assets (₹310.0M) do not cover its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 505400's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 505400's debt to equity ratio has reduced from 3.8% to 1.3% over the past 5 years.
Debt Coverage: 505400's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: Insufficient data to determine if 505400's interest payments on its debt are well covered by EBIT.