AXISCADES Technologies Balance Sheet Health
Financial Health criteria checks 5/6
AXISCADES Technologies has a total shareholder equity of ₹6.1B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are ₹11.2B and ₹5.0B respectively. AXISCADES Technologies's EBIT is ₹944.3M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹1.3B.
Key information
29.3%
Debt to equity ratio
₹1.80b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹1.26b |
| Equity | ₹6.14b |
| Total liabilities | ₹5.01b |
| Total assets | ₹11.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532395's short term assets (₹6.2B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 532395's short term assets (₹6.2B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 532395's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 532395's debt to equity ratio has reduced from 39.9% to 29.3% over the past 5 years.
Debt Coverage: 532395's debt is well covered by operating cash flow (54.4%).
Interest Coverage: 532395's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 02:36 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AXISCADES Technologies Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vinayak M. | FirstCall Research |
| Amar Mourya | IndiaNivesh Securities Limited |