Aeron Composite Balance Sheet Health
Financial Health criteria checks 5/6
Aeron Composite has a total shareholder equity of ₹347.8M and total debt of ₹120.5M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are ₹997.9M and ₹650.1M respectively. Aeron Composite's EBIT is ₹140.0M making its interest coverage ratio 21.3. It has cash and short-term investments of ₹20.6M.
Key information
34.6%
Debt to equity ratio
₹120.46m
Debt
| Interest coverage ratio | 21.3x |
| Cash | ₹20.61m |
| Equity | ₹347.82m |
| Total liabilities | ₹650.12m |
| Total assets | ₹997.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AERON's short term assets (₹775.3M) exceed its short term liabilities (₹582.6M).
Long Term Liabilities: AERON's short term assets (₹775.3M) exceed its long term liabilities (₹67.5M).
Debt to Equity History and Analysis
Debt Level: AERON's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AERON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AERON's debt is well covered by operating cash flow (147.1%).
Interest Coverage: AERON's interest payments on its debt are well covered by EBIT (21.3x coverage).