Aaron Industries Balance Sheet Health
Financial Health criteria checks 3/6
Aaron Industries has a total shareholder equity of ₹358.4M and total debt of ₹315.6M, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are ₹746.8M and ₹388.4M respectively. Aaron Industries's EBIT is ₹101.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ₹25.6M.
Key information
88.1%
Debt to equity ratio
₹315.62m
Debt
| Interest coverage ratio | 7.2x |
| Cash | ₹25.63m |
| Equity | ₹358.43m |
| Total liabilities | ₹388.37m |
| Total assets | ₹746.79m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Aaron Industries (NSE:AARON) Is Well Worth Watching
Oct 15
Earnings Tell The Story For Aaron Industries Limited (NSE:AARON)
Mar 05Here's Why Aaron Industries (NSE:AARON) Has Caught The Eye Of Investors
Dec 12We Ran A Stock Scan For Earnings Growth And Aaron Industries (NSE:AARON) Passed With Ease
Aug 19Should You Be Adding Aaron Industries (NSE:AARON) To Your Watchlist Today?
Apr 20We Ran A Stock Scan For Earnings Growth And Aaron Industries (NSE:AARON) Passed With Ease
Jan 20If You Like EPS Growth Then Check Out Aaron Industries (NSE:AARON) Before It's Too Late
May 18Is Now The Time To Put Aaron Industries (NSE:AARON) On Your Watchlist?
Dec 02Here's Why I Think Aaron Industries (NSE:AARON) Is An Interesting Stock
Aug 03With EPS Growth And More, Aaron Industries (NSE:AARON) Is Interesting
May 05What To Know Before Buying Aaron Industries Limited (NSE:AARON) For Its Dividend
Mar 31Aaron Industries Limited's (NSE:AARON) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 02Here's Why We Think Aaron Industries (NSE:AARON) Is Well Worth Watching
Feb 04What To Know Before Buying Aaron Industries Limited (NSE:AARON) For Its Dividend
Dec 31Is Aaron Industries Limited's(NSE:AARON) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 26
Financial Position Analysis
Short Term Liabilities: AARON's short term assets (₹232.0M) exceed its short term liabilities (₹157.6M).
Long Term Liabilities: AARON's short term assets (₹232.0M) exceed its long term liabilities (₹230.8M).
Debt to Equity History and Analysis
Debt Level: AARON's net debt to equity ratio (80.9%) is considered high.
Reducing Debt: AARON's debt to equity ratio has increased from 64.3% to 88.1% over the past 5 years.
Debt Coverage: AARON's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: AARON's interest payments on its debt are well covered by EBIT (7.2x coverage).