Telares de Palo Grande C.A Balance Sheet Health
Financial Health criteria checks 3/6
Telares de Palo Grande C.A has a total shareholder equity of VES159.8M and total debt of VES4.3M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are VES193.2M and VES33.4M respectively.
Key information
2.7%
Debt to equity ratio
4.26m
Debt
Interest coverage ratio | n/a |
Cash | 16.93m |
Equity | 159.76m |
Total liabilities | 33.42m |
Total assets | 193.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2TPG's short term assets (VES47.0M) exceed its short term liabilities (VES31.1M).
Long Term Liabilities: 2TPG's short term assets (VES47.0M) exceed its long term liabilities (VES2.3M).
Debt to Equity History and Analysis
Debt Level: 2TPG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2TPG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2TPG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2TPG's interest payments on its debt are well covered by EBIT.