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
Is AXISCADES Technologies (NSE:AXISCADES) Using Too Much Debt?
Aug 07
Here's Why Axiscades Technologies (NSE:AXISCADES) Can Manage Its Debt Responsibly
Aug 12Recent updates
AXISCADES Technologies Limited's (NSE:AXISCADES) Popularity With Investors Is Under Threat From Overpricing
Dec 04Investors Will Want AXISCADES Technologies' (NSE:AXISCADES) Growth In ROCE To Persist
Nov 14We Think Some Shareholders May Hesitate To Increase AXISCADES Technologies Limited's (NSE:AXISCADES) CEO Compensation
Sep 12Is AXISCADES Technologies (NSE:AXISCADES) Using Too Much Debt?
Aug 07Investors Will Want AXISCADES Technologies' (NSE:AXISCADES) Growth In ROCE To Persist
Jun 26It's Down 32% But AXISCADES Technologies Limited (NSE:AXISCADES) Could Be Riskier Than It Looks
Jun 05We Think That There Are Issues Underlying AXISCADES Technologies' (NSE:AXISCADES) Earnings
May 29Why We're Not Concerned Yet About AXISCADES Technologies Limited's (NSE:AXISCADES) 27% Share Price Plunge
Mar 13AXISCADES Technologies Limited (NSE:AXISCADES) Looks Just Right With A 36% Price Jump
Jan 04We Ran A Stock Scan For Earnings Growth And AXISCADES Technologies (NSE:AXISCADES) Passed With Ease
Dec 26Shareholders Would Enjoy A Repeat Of AXISCADES Technologies' (NSE:AXISCADES) Recent Growth In Returns
Oct 10Investors Shouldn't Overlook Axiscades Technologies' (NSE:AXISCADES) Impressive Returns On Capital
Apr 07Here's Why Axiscades Technologies (NSE:AXISCADES) Can Manage Its Debt Responsibly
Aug 12Financial Position Analysis
Short Term Liabilities: AXISCADES's short term assets (₹6.2B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: AXISCADES's short term assets (₹6.2B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: AXISCADES's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: AXISCADES's debt to equity ratio has reduced from 39.9% to 29.3% over the past 5 years.
Debt Coverage: AXISCADES's debt is well covered by operating cash flow (54.4%).
Interest Coverage: AXISCADES'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 | 2025/02/04 05:01 |
| End of Day Share Price | 2025/02/04 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.
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 Github.
Analyst Sources
AXISCADES Technologies Limited is covered by 1 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 |