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

Here's Why Axiscades Technologies (NSE:AXISCADES) Can Manage Its Debt Responsibly

Aug 12

Recent updates

Why We're Not Concerned Yet About AXISCADES Technologies Limited's (NSE:AXISCADES) 27% Share Price Plunge

Mar 13

AXISCADES Technologies Limited (NSE:AXISCADES) Looks Just Right With A 36% Price Jump

Jan 04

We Ran A Stock Scan For Earnings Growth And AXISCADES Technologies (NSE:AXISCADES) Passed With Ease

Dec 26

Shareholders Would Enjoy A Repeat Of AXISCADES Technologies' (NSE:AXISCADES) Recent Growth In Returns

Oct 10

Investors Shouldn't Overlook Axiscades Technologies' (NSE:AXISCADES) Impressive Returns On Capital

Apr 07

Here's Why Axiscades Technologies (NSE:AXISCADES) Can Manage Its Debt Responsibly

Aug 12

Is Axiscades Technologies (NSE:AXISCADES) Using Too Much Debt?

Jan 18

Shareholders May Be More Conservative With Axiscades Technologies Limited's (NSE:AXISCADES) CEO Compensation For Now

Sep 21

Have Insiders Been Selling Axiscades Technologies Limited (NSE:AXISCADES) Shares This Year?

Feb 27

Axiscades Technologies (NSE:AXISCADES) Has A Pretty Healthy Balance Sheet

Dec 25

Don't Ignore The Fact That This Insider Just Sold Some Shares In AXISCADES Engineering Technologies Limited (NSE:AXISCADES)

Nov 29

Here's Why AXISCADES Engineering Technologies's (NSE:AXISCADES) Statutory Earnings Are Arguably Too Conservative

Nov 24

Is AXISCADES Engineering Technologies (NSE:AXISCADES) A Risky Investment?

Sep 05

Financial Position Analysis

Short Term Liabilities: AXISCADES's short term assets (₹5.7B) exceed its short term liabilities (₹3.2B).

Long Term Liabilities: AXISCADES's short term assets (₹5.7B) exceed its long term liabilities (₹3.4B).

Debt to Equity History and Analysis

Debt Level: AXISCADES's net debt to equity ratio (89.4%) is considered high.

Reducing Debt: AXISCADES's debt to equity ratio has increased from 51.8% to 118.3% over the past 5 years.

Debt Coverage: AXISCADES's debt is not well covered by operating cash flow (17.3%).

Interest Coverage: AXISCADES's interest payments on its debt are not well covered by EBIT (2.9x coverage).

AXISCADES Technologies Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Here's Why Axiscades Technologies (NSE:AXISCADES) Can Manage Its Debt Responsibly

Is Axiscades Technologies (NSE:AXISCADES) Using Too Much Debt?

Axiscades Technologies (NSE:AXISCADES) Has A Pretty Healthy Balance Sheet

Is AXISCADES Engineering Technologies (NSE:AXISCADES) A Risky Investment?

Recent updates

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 19%

Why We're Not Concerned Yet About AXISCADES Technologies Limited's (NSE:AXISCADES) 27% Share Price Plunge

Third quarter 2024 earnings released: EPS: ₹1.93 (vs ₹2.72 loss in 3Q 2023)

AXISCADES Technologies Limited to Report Q3, 2024 Results on Feb 14, 2024

AXISCADES Technologies Limited has completed a Follow-on Equity Offering in the amount of INR 2.199999 billion.

New minor risk - Shareholder dilution

AXISCADES Technologies Limited has completed a Follow-on Equity Offering in the amount of INR 2.199999 billion.

AXISCADES Technologies Limited has filed a Follow-on Equity Offering.

AXISCADES Technologies Limited has filed a Follow-on Equity Offering.

AXISCADES Technologies Limited (NSE:AXISCADES) Looks Just Right With A 36% Price Jump

We Ran A Stock Scan For Earnings Growth And AXISCADES Technologies (NSE:AXISCADES) Passed With Ease

AXISCADES Technologies Limited (BSE:532395) Completed the acquisition of EPCOGEN Private Limited.

Second quarter 2024 earnings released: EPS: ₹2.89 (vs ₹5.52 in 2Q 2023)

High number of new directors

AXISCADES Technologies Limited to Report Q2, 2024 Results on Nov 08, 2023

AXISCADES Technologies Limited (BSE:532395) agreed to acquire EPCOGEN Private Limited for approximately INR 330 million.

Shareholders Would Enjoy A Repeat Of AXISCADES Technologies' (NSE:AXISCADES) Recent Growth In Returns

AXISCADES Technologies Limited Announces Resignation of Mr. David Bradley as Chairman and Director

Axiscades Technologies Limited, Annual General Meeting, Sep 28, 2023

Axiscades Technologies Limited Announces Board Changes

Axiscades Technologies Limited Announces Appointment of Hrishi Mohan as Chief Human Resource Officer and Senior Management Personnel

New major risk - Financial position

First quarter 2024 earnings released: EPS: ₹1.47 (vs ₹8.38 loss in 1Q 2023)

Axiscades Technologies Limited to Report Q1, 2024 Results on Aug 04, 2023

New minor risk - Share price stability

Insider recently sold ₹4.8m worth of stock

Axiscades Technologies Limited Approves Appointment of Dr. S. Christopher as an Additional Director

Insider recently sold ₹4.5m worth of stock

Insider recently sold ₹12m worth of stock

Insider recently sold ₹6.0m worth of stock

Full year 2023 earnings released: EPS: ₹1.37 (vs ₹5.86 in FY 2022)

Axiscades Technologies Limited to Report Q4, 2023 Results on May 25, 2023

Investors Shouldn't Overlook Axiscades Technologies' (NSE:AXISCADES) Impressive Returns On Capital

Insider recently sold ₹5.9m worth of stock

Insider recently sold ₹5.8m worth of stock

Third quarter 2023 earnings released: ₹2.72 loss per share (vs ₹2.07 profit in 3Q 2022)

Axiscades Technologies Limited to Report Q3, 2023 Results on Feb 12, 2023

Axiscades Technologies Limited Announces Resignation of Mr. Sudhakar Gande from the Office of Directorship of the Company with Effect from the Closing Hours of January 5, 2023

Insider recently sold ₹1.8m worth of stock

AXISCADES Engineering Technologies Limited (BSE:532395) completed the acquisition of 88% stake in Mistral Solutions Pvt. Ltd. for INR 1.7 billion.

Axiscades Technologies Limited (BSE:532395) acquired Explosoft Tech Solutions Private Limited for INR approximately 720 million.

Insider recently sold ₹7.4m worth of stock

High number of new directors

Axiscades Technologies Limited (BSE:532395) agreed to acquire Add-Solution Gmbh for €5.5 million.

Second quarter 2023 earnings released: EPS: ₹5.52 (vs ₹0.70 in 2Q 2022)

Axiscades Technologies Limited to Report Q2, 2023 Results on Nov 09, 2022

Axiscades Technologies Limited, Annual General Meeting, Sep 27, 2022

Here's Why Axiscades Technologies (NSE:AXISCADES) Can Manage Its Debt Responsibly

First quarter 2023 earnings released: ₹8.38 loss per share (vs ₹0.32 profit in 1Q 2022)

Non Executive Director recently sold ₹2.1m worth of stock

Axiscades Technologies Limited Announces Resignation of Abhishek Kumar as Non-Executive Director

Full year 2022 earnings: EPS misses analyst expectations

Now 20% undervalued

Now 22% undervalued

High number of new directors

Now 22% undervalued

Third quarter 2022 earnings: EPS misses analyst expectations

Is Axiscades Technologies (NSE:AXISCADES) Using Too Much Debt?

Second quarter 2022 earnings released: EPS ₹0.70 (vs ₹4.12 loss in 2Q 2021)

Shareholders May Be More Conservative With Axiscades Technologies Limited's (NSE:AXISCADES) CEO Compensation For Now

First quarter 2022 earnings released: EPS ₹0.32 (vs ₹0.26 loss in 1Q 2021)

Chief Financial Officer A. Srinivas has left the company

Axiscades Technologies Limited Provides Update on Arbitration Proceedings

Full year 2021 earnings released: ₹5.74 loss per share (vs ₹7.88 profit in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Non Executive Director recently sold ₹1.1m worth of stock