Texmaco Infrastructure & Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Texmaco Infrastructure & Holdings has a total shareholder equity of ₹14.8B and total debt of ₹318.1M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹15.8B and ₹966.5M respectively.
Key information
2.1%
Debt to equity ratio
₹318.05m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹17.56m |
| Equity | ₹14.84b |
| Total liabilities | ₹966.48m |
| Total assets | ₹15.80b |
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 (₹881.9M) exceed its short term liabilities (₹75.2M).
Long Term Liabilities: TEXINFRA's short term assets (₹881.9M) do not cover its long term liabilities (₹891.2M).
Debt to Equity History and Analysis
Debt Level: TEXINFRA's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: TEXINFRA's debt to equity ratio has reduced from 3.6% to 2.1% over the past 5 years.
Debt Coverage: TEXINFRA's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: Insufficient data to determine if TEXINFRA's interest payments on its debt are well covered by EBIT.