Texmaco Infrastructure & Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Texmaco Infrastructure & Holdings has a total shareholder equity of ₹12.1B and total debt of ₹315.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹12.6B and ₹497.5M respectively.
Key information
2.6%
Debt to equity ratio
₹315.30m
Debt
Interest coverage ratio | n/a |
Cash | ₹23.56m |
Equity | ₹12.10b |
Total liabilities | ₹497.54m |
Total assets | ₹12.60b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505400's short term assets (₹831.1M) exceed its short term liabilities (₹98.0M).
Long Term Liabilities: 505400's short term assets (₹831.1M) exceed its long term liabilities (₹399.6M).
Debt to Equity History and Analysis
Debt Level: 505400's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 505400's debt to equity ratio has reduced from 4.1% to 2.6% over the past 5 years.
Debt Coverage: 505400's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: Insufficient data to determine if 505400's interest payments on its debt are well covered by EBIT.