Texwinca Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Texwinca Holdings has a total shareholder equity of HK$5.0B and total debt of HK$431.7M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are HK$6.9B and HK$1.9B respectively.
Key information
8.6%
Debt to equity ratio
HK$431.69m
Debt
Interest coverage ratio | n/a |
Cash | HK$1.97b |
Equity | HK$5.02b |
Total liabilities | HK$1.93b |
Total assets | HK$6.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXWH.F's short term assets (HK$4.6B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: TXWH.F's short term assets (HK$4.6B) exceed its long term liabilities (HK$404.0M).
Debt to Equity History and Analysis
Debt Level: TXWH.F has more cash than its total debt.
Reducing Debt: TXWH.F's debt to equity ratio has reduced from 27.6% to 8.6% over the past 5 years.
Debt Coverage: TXWH.F's debt is well covered by operating cash flow (237.1%).
Interest Coverage: Insufficient data to determine if TXWH.F's interest payments on its debt are well covered by EBIT.