TXO Partners Balance Sheet Health
Financial Health criteria checks 2/6
TXO Partners has a total shareholder equity of $621.4M and total debt of $155.1M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are $1.0B and $394.8M respectively.
Key information
25.0%
Debt to equity ratio
US$155.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.85m |
| Equity | US$621.38m |
| Total liabilities | US$394.79m |
| Total assets | US$1.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TXO's short term assets ($54.1M) exceed its short term liabilities ($53.1M).
Long Term Liabilities: TXO's short term assets ($54.1M) do not cover its long term liabilities ($341.7M).
Debt to Equity History and Analysis
Debt Level: TXO's net debt to equity ratio (24.3%) 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: TXO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TXO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.