Texwinca Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Texwinca Holdings has a total shareholder equity of HK$4.8B and total debt of HK$819.9M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are HK$7.1B and HK$2.3B respectively.
Key information
17.1%
Debt to equity ratio
HK$819.94m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.59b |
| Equity | HK$4.79b |
| Total liabilities | HK$2.32b |
| Total assets | HK$7.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXWH.Y's short term assets (HK$4.3B) exceed its short term liabilities (HK$1.4B).
Long Term Liabilities: TXWH.Y's short term assets (HK$4.3B) exceed its long term liabilities (HK$900.9M).
Debt to Equity History and Analysis
Debt Level: TXWH.Y has more cash than its total debt.
Reducing Debt: TXWH.Y's debt to equity ratio has reduced from 28.4% to 17.1% over the past 5 years.
Debt Coverage: TXWH.Y's debt is well covered by operating cash flow (47.4%).
Interest Coverage: Insufficient data to determine if TXWH.Y's interest payments on its debt are well covered by EBIT.