Textainer Group Holdings Limited

NYSE:TGH.PRA Stock Report

Market Cap: US$2.1b

Textainer Group Holdings Balance Sheet Health

Financial Health criteria checks 2/6

Textainer Group Holdings has a total shareholder equity of $2.0B and total debt of $5.0B, which brings its debt-to-equity ratio to 252%. Its total assets and total liabilities are $7.1B and $5.1B respectively. Textainer Group Holdings's EBIT is $371.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $131.1M.

Key information

252.0%

Debt to equity ratio

US$4.99b

Debt

Interest coverage ratio2.2x
CashUS$131.14m
EquityUS$1.98b
Total liabilitiesUS$5.10b
Total assetsUS$7.08b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TGH.PRA's short term assets ($468.3M) exceed its short term liabilities ($403.1M).

Long Term Liabilities: TGH.PRA's short term assets ($468.3M) do not cover its long term liabilities ($4.7B).


Debt to Equity History and Analysis

Debt Level: TGH.PRA's net debt to equity ratio (245.4%) is considered high.

Reducing Debt: TGH.PRA's debt to equity ratio has reduced from 276.2% to 252% over the past 5 years.

Debt Coverage: TGH.PRA's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: TGH.PRA's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Discover healthy companies