Radix Industries (India) Balance Sheet Health
Financial Health criteria checks 6/6
Radix Industries (India) has a total shareholder equity of ₹189.7M and total debt of ₹7.7M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹197.9M and ₹8.2M respectively. Radix Industries (India)'s EBIT is ₹33.2M making its interest coverage ratio 10. It has cash and short-term investments of ₹1.4M.
Key information
4.0%
Debt to equity ratio
₹7.68m
Debt
| Interest coverage ratio | 10x |
| Cash | ₹1.43m |
| Equity | ₹189.71m |
| Total liabilities | ₹8.23m |
| Total assets | ₹197.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531412's short term assets (₹167.6M) exceed its short term liabilities (₹5.7M).
Long Term Liabilities: 531412's short term assets (₹167.6M) exceed its long term liabilities (₹2.5M).
Debt to Equity History and Analysis
Debt Level: 531412's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 531412's debt to equity ratio has reduced from 40.8% to 4% over the past 5 years.
Debt Coverage: 531412's debt is well covered by operating cash flow (545.7%).
Interest Coverage: 531412's interest payments on its debt are well covered by EBIT (10x coverage).