TX Group Balance Sheet Health
Financial Health criteria checks 6/6
TX Group has a total shareholder equity of CHF2.6B and total debt of CHF24.7M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CHF3.4B and CHF852.6M respectively. TX Group's EBIT is CHF51.8M making its interest coverage ratio -6.8. It has cash and short-term investments of CHF333.8M.
Key information
1.0%
Debt to equity ratio
CHF 24.70m
Debt
| Interest coverage ratio | -6.8x |
| Cash | CHF 333.80m |
| Equity | CHF 2.58b |
| Total liabilities | CHF 852.60m |
| Total assets | CHF 3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TDAA.F's short term assets (CHF628.8M) exceed its short term liabilities (CHF517.6M).
Long Term Liabilities: TDAA.F's short term assets (CHF628.8M) exceed its long term liabilities (CHF335.0M).
Debt to Equity History and Analysis
Debt Level: TDAA.F has more cash than its total debt.
Reducing Debt: TDAA.F's debt to equity ratio has reduced from 7.6% to 1% over the past 5 years.
Debt Coverage: TDAA.F's debt is well covered by operating cash flow (800.8%).
Interest Coverage: TDAA.F earns more interest than it pays, so coverage of interest payments is not a concern.