Xchanging Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Xchanging Solutions has a total shareholder equity of ₹5.1B and total debt of ₹11.7M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹5.9B and ₹737.5M respectively. Xchanging Solutions's EBIT is ₹494.8M making its interest coverage ratio -5.2. It has cash and short-term investments of ₹3.6B.
Key information
0.2%
Debt to equity ratio
₹11.70m
Debt
Interest coverage ratio | -5.2x |
Cash | ₹3.63b |
Equity | ₹5.12b |
Total liabilities | ₹737.50m |
Total assets | ₹5.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532616's short term assets (₹4.0B) exceed its short term liabilities (₹619.4M).
Long Term Liabilities: 532616's short term assets (₹4.0B) exceed its long term liabilities (₹118.1M).
Debt to Equity History and Analysis
Debt Level: 532616 has more cash than its total debt.
Reducing Debt: 532616's debt to equity ratio has increased from 0.01% to 0.2% over the past 5 years.
Debt Coverage: 532616's debt is well covered by operating cash flow (1819.7%).
Interest Coverage: 532616 earns more interest than it pays, so coverage of interest payments is not a concern.