XTGlobal Infotech Balance Sheet Health
Financial Health criteria checks 5/6
XTGlobal Infotech has a total shareholder equity of ₹1.7B and total debt of ₹312.6M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ₹2.3B and ₹538.4M respectively. XTGlobal Infotech's EBIT is ₹167.0M making its interest coverage ratio 6. It has cash and short-term investments of ₹36.8M.
Key information
17.9%
Debt to equity ratio
₹312.61m
Debt
| Interest coverage ratio | 6x |
| Cash | ₹36.81m |
| Equity | ₹1.75b |
| Total liabilities | ₹538.44m |
| Total assets | ₹2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XTGLOBAL's short term assets (₹751.4M) exceed its short term liabilities (₹390.8M).
Long Term Liabilities: XTGLOBAL's short term assets (₹751.4M) exceed its long term liabilities (₹147.7M).
Debt to Equity History and Analysis
Debt Level: XTGLOBAL's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: XTGLOBAL's debt to equity ratio has reduced from 73.6% to 17.9% over the past 5 years.
Debt Coverage: XTGLOBAL's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: XTGLOBAL's interest payments on its debt are well covered by EBIT (6x coverage).