Radix Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Radix Industries (India) has a total shareholder equity of ₹199.3M and total debt of ₹53.5M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are ₹257.8M and ₹58.6M respectively. Radix Industries (India)'s EBIT is ₹33.4M making its interest coverage ratio 10.9. It has cash and short-term investments of ₹5.3M.
Key information
26.9%
Debt to equity ratio
₹53.54m
Debt
| Interest coverage ratio | 10.9x |
| Cash | ₹5.26m |
| Equity | ₹199.26m |
| Total liabilities | ₹58.56m |
| Total assets | ₹257.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531412's short term assets (₹226.8M) exceed its short term liabilities (₹56.2M).
Long Term Liabilities: 531412's short term assets (₹226.8M) exceed its long term liabilities (₹2.4M).
Debt to Equity History and Analysis
Debt Level: 531412's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 531412's debt to equity ratio has reduced from 40.5% to 26.9% over the past 5 years.
Debt Coverage: 531412's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531412's interest payments on its debt are well covered by EBIT (10.9x coverage).