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
Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Is Carrying A Fair Bit Of Debt
Jun 14
Is Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Using Too Much Debt?
Dec 20We Think Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Has A Fair Chunk Of Debt
Aug 17Recent updates
Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Has Affirmed Its Dividend Of ₹0.15
Sep 15Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Is Due To Pay A Dividend Of ₹0.15
Sep 01Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Is Carrying A Fair Bit Of Debt
Jun 14With EPS Growth And More, Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Makes An Interesting Case
Mar 12Is Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Using Too Much Debt?
Dec 20We Think Texmaco Infrastructure & Holdings (NSE:TEXINFRA) Has A Fair Chunk Of Debt
Aug 17Financial Position Analysis
Short Term Liabilities: TEXINFRA's short term assets (₹310.0M) exceed its short term liabilities (₹76.3M).
Long Term Liabilities: TEXINFRA's short term assets (₹310.0M) do not cover its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: TEXINFRA's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: TEXINFRA's debt to equity ratio has reduced from 3.8% to 1.3% over the past 5 years.
Debt Coverage: TEXINFRA's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: Insufficient data to determine if TEXINFRA's interest payments on its debt are well covered by EBIT.