Axtel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Axtel Industries has a total shareholder equity of ₹1.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.8B and ₹567.2M respectively. Axtel Industries's EBIT is ₹318.8M making its interest coverage ratio -57.4. It has cash and short-term investments of ₹521.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -57.4x |
| Cash | ₹521.31m |
| Equity | ₹1.23b |
| Total liabilities | ₹567.19m |
| Total assets | ₹1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523850's short term assets (₹1.5B) exceed its short term liabilities (₹526.3M).
Long Term Liabilities: 523850's short term assets (₹1.5B) exceed its long term liabilities (₹40.9M).
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 2.8%.
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.