TXO Partners Balance Sheet Health
Financial Health criteria checks 4/6
TXO Partners has a total shareholder equity of $465.7M and total debt of $26.1M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are $688.2M and $222.5M respectively.
Key information
5.6%
Debt to equity ratio
US$26.10m
Debt
Interest coverage ratio | n/a |
Cash | US$4.57m |
Equity | US$465.73m |
Total liabilities | US$222.47m |
Total assets | US$688.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TXO's short term assets ($53.9M) exceed its short term liabilities ($39.7M).
Long Term Liabilities: TXO's short term assets ($53.9M) do not cover its long term liabilities ($182.7M).
Debt to Equity History and Analysis
Debt Level: TXO's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TXO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TXO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TXO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 70.4% per year.