Axita Cotton Balance Sheet Health
Financial Health criteria checks 6/6
Axita Cotton has a total shareholder equity of ₹684.0M and total debt of ₹10.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹1.2B and ₹564.8M respectively. Axita Cotton's EBIT is ₹148.5M making its interest coverage ratio -27.4. It has cash and short-term investments of ₹218.3M.
Key information
1.5%
Debt to equity ratio
₹10.00m
Debt
| Interest coverage ratio | -27.4x |
| Cash | ₹218.28m |
| Equity | ₹684.01m |
| Total liabilities | ₹564.78m |
| Total assets | ₹1.25b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Willing To Look Past Axita Cotton's (NSE:AXITA) Soft Earnings
Nov 22
Axita Cotton Limited's (NSE:AXITA) Shares Leap 25% Yet They're Still Not Telling The Full Story
Jul 31Should You Be Adding Axita Cotton (NSE:AXITA) To Your Watchlist Today?
Jul 25We Think You Should Be Aware Of Some Concerning Factors In Axita Cotton's (NSE:AXITA) Earnings
May 01Axita Cotton Limited (NSE:AXITA) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 13Axita Cotton Limited (NSE:AXITA) Stock Rockets 27% But Many Are Still Ignoring The Company
Dec 20Robust Earnings May Not Tell The Whole Story For Axita Cotton (NSE:AXITA)
May 06Market Participants Recognise Axita Cotton Limited's (NSE:AXITA) Earnings Pushing Shares 40% Higher
Jul 22Financial Position Analysis
Short Term Liabilities: AXITA's short term assets (₹1.1B) exceed its short term liabilities (₹513.1M).
Long Term Liabilities: AXITA's short term assets (₹1.1B) exceed its long term liabilities (₹51.7M).
Debt to Equity History and Analysis
Debt Level: AXITA has more cash than its total debt.
Reducing Debt: AXITA's debt to equity ratio has reduced from 39.1% to 1.5% over the past 5 years.
Debt Coverage: AXITA's debt is well covered by operating cash flow (2445.8%).
Interest Coverage: AXITA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:01 |
| End of Day Share Price | 2024/12/27 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
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Analyst Sources
Axita Cotton Limited is covered by 0 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 |
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