Axtel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Axtel Industries has a total shareholder equity of ₹1.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.9B and ₹812.9M respectively. Axtel Industries's EBIT is ₹486.1M making its interest coverage ratio 61.7. It has cash and short-term investments of ₹433.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 61.7x |
Cash | ₹433.79m |
Equity | ₹1.08b |
Total liabilities | ₹812.89m |
Total assets | ₹1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523850's short term assets (₹1.6B) exceed its short term liabilities (₹787.7M).
Long Term Liabilities: 523850's short term assets (₹1.6B) exceed its long term liabilities (₹25.2M).
Debt to Equity History and Analysis
Debt Level: 523850 is debt free.
Reducing Debt: 523850 has no debt compared to 5 years ago when its debt to equity ratio was 2.5%.
Debt Coverage: 523850 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 523850 has no debt, therefore coverage of interest payments is not a concern.