TWFG Balance Sheet Health
Financial Health criteria checks 5/6
TWFG has a total shareholder equity of $65.3M and total debt of $48.7M, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are $146.0M and $80.7M respectively. TWFG's EBIT is $28.3M making its interest coverage ratio 16.1. It has cash and short-term investments of $22.6M.
Key information
74.5%
Debt to equity ratio
US$48.68m
Debt
Interest coverage ratio | 16.1x |
Cash | US$22.56m |
Equity | US$65.33m |
Total liabilities | US$80.71m |
Total assets | US$146.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWFG's short term assets ($61.3M) exceed its short term liabilities ($31.2M).
Long Term Liabilities: TWFG's short term assets ($61.3M) exceed its long term liabilities ($49.5M).
Debt to Equity History and Analysis
Debt Level: TWFG's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TWFG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TWFG's debt is well covered by operating cash flow (61.9%).
Interest Coverage: TWFG's interest payments on its debt are well covered by EBIT (16.1x coverage).