ROX Hi-Tech Balance Sheet Health
Financial Health criteria checks 3/6
ROX Hi-Tech has a total shareholder equity of ₹241.5M and total debt of ₹225.8M, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are ₹610.3M and ₹368.8M respectively. ROX Hi-Tech's EBIT is ₹228.5M making its interest coverage ratio 7.9. It has cash and short-term investments of ₹112.0K.
Key information
93.5%
Debt to equity ratio
₹225.84m
Debt
Interest coverage ratio | 7.9x |
Cash | ₹112.00k |
Equity | ₹241.50m |
Total liabilities | ₹368.82m |
Total assets | ₹610.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROXHITECH's short term assets (₹505.0M) exceed its short term liabilities (₹331.8M).
Long Term Liabilities: ROXHITECH's short term assets (₹505.0M) exceed its long term liabilities (₹37.1M).
Debt to Equity History and Analysis
Debt Level: ROXHITECH's net debt to equity ratio (93.5%) 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 debt is not well covered by operating cash flow (16.5%).
Interest Coverage: ROXHITECH's interest payments on its debt are well covered by EBIT (7.9x coverage).