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Xchanging Solutions Limited (IN:XCHANGING)
:XCHANGING
India Market

Xchanging Solutions Limited (XCHANGING) Ratios

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Xchanging Solutions Limited Ratios

IN:XCHANGING's free cash flow for Q1 2026 was ₹0.40. For the 2026 fiscal year, IN:XCHANGING's free cash flow was decreased by ₹ and operating cash flow was ₹0.40. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
4.86 4.57 6.09 9.94 8.39
Quick Ratio
4.86 4.57 6.09 9.94 8.39
Cash Ratio
4.38 4.18 5.56 9.43 7.65
Solvency Ratio
0.40 0.34 0.08 0.68 0.90
Operating Cash Flow Ratio
0.00 0.65 -0.22 0.77 0.61
Short-Term Operating Cash Flow Coverage
0.00 2.19 0.00 0.00 92.03
Net Current Asset Value
₹ 1.91B₹ 1.83B₹ 1.68B₹ 4.76B₹ 4.23B
Leverage Ratios
Debt-to-Assets Ratio
0.17 0.17 0.20 <0.01 <0.01
Debt-to-Equity Ratio
0.24 0.24 0.30 <0.01 <0.01
Debt-to-Capital Ratio
0.19 0.19 0.23 <0.01 <0.01
Long-Term Debt-to-Capital Ratio
0.15 0.15 0.23 0.00 0.00
Financial Leverage Ratio
1.40 1.41 1.48 1.10 1.10
Debt Service Coverage Ratio
2.15 1.41 8.70 456.10 99.33
Interest Coverage Ratio
12.13 8.78 25.41 495.80 338.81
Debt to Market Cap
0.14 0.09 0.08 0.00 <0.01
Interest Debt Per Share
8.46 8.24 9.62 0.13 0.17
Net Debt to EBITDA
-2.79 -4.07 -2.96 -8.51 -7.07
Profitability Margins
Gross Profit Margin
39.64%35.12%29.58%63.82%64.37%
EBIT Margin
38.10%28.53%39.02%34.23%35.02%
EBITDA Margin
38.12%28.58%39.31%34.58%35.54%
Operating Profit Margin
33.03%30.19%26.95%28.43%31.11%
Pretax Profit Margin
37.20%34.29%37.94%34.17%34.93%
Net Profit Margin
28.59%26.81%7.85%25.74%30.17%
Continuous Operations Profit Margin
28.59%26.81%7.85%25.74%30.17%
Net Income Per EBT
76.86%78.19%20.70%75.34%86.36%
EBT Per EBIT
112.63%113.60%140.81%120.21%112.29%
Return on Assets (ROA)
11.28%9.83%2.62%6.04%7.81%
Return on Equity (ROE)
16.36%13.82%3.87%6.64%8.57%
Return on Capital Employed (ROCE)
15.07%12.91%10.05%7.20%8.80%
Return on Invested Capital (ROIC)
11.03%9.62%2.08%5.42%7.59%
Return on Tangible Assets
16.32%14.34%3.76%7.68%10.21%
Earnings Yield
9.33%5.01%1.02%7.58%5.83%
Efficiency Ratios
Receivables Turnover
15.65 15.09 6.79 6.67 4.31
Payables Turnover
8.05 6.20 6.81 4.08 3.85
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
10.12K 4.62K 164.55 113.26 81.82
Asset Turnover
0.39 0.37 0.33 0.23 0.26
Working Capital Turnover Ratio
1.51 0.69 0.45 0.38 0.45
Cash Conversion Cycle
-22.01 -34.72 0.17 -34.71 -10.10
Days of Sales Outstanding
23.32 24.18 53.78 54.70 84.78
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
45.33 58.90 53.61 89.41 94.88
Operating Cycle
23.32 24.18 53.78 54.70 84.78
Cash Flow Ratios
Operating Cash Flow Per Share
0.00 4.20 -1.08 3.77 3.14
Free Cash Flow Per Share
0.00 4.20 -1.08 3.77 3.13
CapEx Per Share
0.00 0.00 <0.01 0.00 <0.01
Free Cash Flow to Operating Cash Flow
0.00 1.00 1.00 1.00 1.00
Dividend Paid and CapEx Coverage Ratio
0.00 1.05 -0.04 0.00 388.56
Capital Expenditure Coverage Ratio
0.00 0.00 -603.00 0.00 388.56
Operating Cash Flow Coverage Ratio
0.00 0.55 -0.11 31.37 20.33
Operating Cash Flow to Sales Ratio
0.00 0.25 -0.07 0.24 0.20
Free Cash Flow Yield
0.00%4.72%-0.90%7.09%3.87%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
10.71 19.96 98.50 13.20 17.15
Price-to-Sales (P/S) Ratio
3.06 5.35 7.74 3.40 5.17
Price-to-Book (P/B) Ratio
1.69 2.76 3.81 0.88 1.47
Price-to-Free Cash Flow (P/FCF) Ratio
0.00 21.17 -111.70 14.10 25.85
Price-to-Operating Cash Flow Ratio
0.00 21.17 -111.89 14.10 25.79
Price-to-Earnings Growth (PEG) Ratio
-4.74 0.08 -1.42 -0.90 -1.09
Price-to-Fair Value
1.69 2.76 3.81 0.88 1.47
Enterprise Value Multiple
5.25 14.66 16.72 1.31 7.49
Enterprise Value
4.05B 7.75B 11.47B 791.48M 4.64B
EV to EBITDA
5.25 14.66 16.72 1.31 7.49
EV to Sales
2.00 4.19 6.57 0.45 2.66
EV to Free Cash Flow
0.00 16.57 -94.93 1.88 13.30
EV to Operating Cash Flow
0.00 16.57 -95.08 1.88 13.26
Tangible Book Value Per Share
18.72 17.97 17.55 46.48 40.84
Shareholders’ Equity Per Share
32.94 32.19 31.78 60.70 55.07
Tax and Other Ratios
Effective Tax Rate
0.23 0.22 0.79 0.25 0.14
Revenue Per Share
18.16 16.60 15.66 15.66 15.64
Net Income Per Share
5.19 4.45 1.23 4.03 4.72
Tax Burden
0.77 0.78 0.21 0.75 0.86
Interest Burden
0.98 1.20 0.97 1.00 1.00
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
<0.01 0.01 0.02 0.02 0.02
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
0.00 0.94 -0.88 0.71 0.57
Currency in INR