ROX Hi-Tech Balance Sheet Health
Financial Health criteria checks 3/6
ROX Hi-Tech has a total shareholder equity of ₹1.0B and total debt of ₹514.7M, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are ₹2.0B and ₹947.0M respectively. ROX Hi-Tech's EBIT is ₹301.3M making its interest coverage ratio 8.4. It has cash and short-term investments of ₹118.0K.
Key information
50.1%
Debt to equity ratio
₹514.71m
Debt
| Interest coverage ratio | 8.4x |
| Cash | ₹118.00k |
| Equity | ₹1.03b |
| Total liabilities | ₹947.02m |
| Total assets | ₹1.97b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ROXHITECH's short term assets (₹1.4B) exceed its short term liabilities (₹914.0M).
Long Term Liabilities: ROXHITECH's short term assets (₹1.4B) exceed its long term liabilities (₹33.1M).
Debt to Equity History and Analysis
Debt Level: ROXHITECH's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: Insufficient data to determine if ROXHITECH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ROXHITECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ROXHITECH's interest payments on its debt are well covered by EBIT (8.4x coverage).