Is Relaxo Footwears financially healthy?
Yes
Relaxo Footwears could pay off all its debt with 0.5 years of earnings.
The numbers behind it
Net debt / EBITDA0.5 years
Cash vs. debt₹177M vs. ₹2.3B
Current ratio2.3×Short-term assets for each ₹1 of bills due within a year
Interest coverage12.2×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Relaxo Footwears
Data as of Nov 13, 2026.