XTGlobal Infotech Balance Sheet Health
Financial Health criteria checks 6/6
XTGlobal Infotech has a total shareholder equity of ₹1.6B and total debt of ₹365.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹2.3B and ₹721.2M respectively. XTGlobal Infotech's EBIT is ₹195.9M making its interest coverage ratio 6.3. It has cash and short-term investments of ₹48.4M.
Key information
22.4%
Debt to equity ratio
₹365.17m
Debt
Interest coverage ratio | 6.3x |
Cash | ₹48.39m |
Equity | ₹1.63b |
Total liabilities | ₹721.16m |
Total assets | ₹2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531225's short term assets (₹740.3M) exceed its short term liabilities (₹509.2M).
Long Term Liabilities: 531225's short term assets (₹740.3M) exceed its long term liabilities (₹211.9M).
Debt to Equity History and Analysis
Debt Level: 531225's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 531225 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 531225's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 531225's interest payments on its debt are well covered by EBIT (6.3x coverage).