Aerpace Industries Balance Sheet Health
Financial Health criteria checks 2/6
Aerpace Industries has a total shareholder equity of ₹29.0M and total debt of ₹24.7M, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are ₹58.1M and ₹29.1M respectively. Aerpace Industries's EBIT is ₹594.0K making its interest coverage ratio -0.2. It has cash and short-term investments of ₹423.0K.
Key information
85.1%
Debt to equity ratio
₹24.69m
Debt
Interest coverage ratio | -0.2x |
Cash | ₹423.00k |
Equity | ₹29.02m |
Total liabilities | ₹29.12m |
Total assets | ₹58.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534733's short term assets (₹41.1M) exceed its short term liabilities (₹20.1M).
Long Term Liabilities: 534733's short term assets (₹41.1M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 534733's net debt to equity ratio (83.6%) is considered high.
Reducing Debt: 534733's debt to equity ratio has increased from 0% to 85.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 534733 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 534733 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.6% each year