AXISCADES Technologies Balance Sheet Health
Financial Health criteria checks 2/6
AXISCADES Technologies has a total shareholder equity of ₹3.7B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 118.3%. Its total assets and total liabilities are ₹10.3B and ₹6.6B respectively. AXISCADES Technologies's EBIT is ₹1.2B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹1.1B.
Key information
118.3%
Debt to equity ratio
₹4.34b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹1.06b |
Equity | ₹3.67b |
Total liabilities | ₹6.61b |
Total assets | ₹10.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532395's short term assets (₹5.7B) exceed its short term liabilities (₹3.2B).
Long Term Liabilities: 532395's short term assets (₹5.7B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 532395's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: 532395's debt to equity ratio has increased from 51.8% to 118.3% over the past 5 years.
Debt Coverage: 532395's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 532395's interest payments on its debt are not well covered by EBIT (2.9x coverage).