Radix Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Radix Industries (India) has a total shareholder equity of ₹176.5M and total debt of ₹58.2M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ₹237.7M and ₹61.2M respectively. Radix Industries (India)'s EBIT is ₹29.7M making its interest coverage ratio 11. It has cash and short-term investments of ₹19.6M.
Key information
33.0%
Debt to equity ratio
₹58.23m
Debt
Interest coverage ratio | 11x |
Cash | ₹19.55m |
Equity | ₹176.47m |
Total liabilities | ₹61.21m |
Total assets | ₹237.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531412's short term assets (₹209.7M) exceed its short term liabilities (₹58.5M).
Long Term Liabilities: 531412's short term assets (₹209.7M) exceed its long term liabilities (₹2.7M).
Debt to Equity History and Analysis
Debt Level: 531412's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: 531412's debt to equity ratio has increased from 31.7% to 33% over the past 5 years.
Debt Coverage: 531412's debt is well covered by operating cash flow (44.9%).
Interest Coverage: 531412's interest payments on its debt are well covered by EBIT (11x coverage).