AIA Engineering Balance Sheet Health
Financial Health criteria checks 5/6
AIA Engineering has a total shareholder equity of ₹66.7B and total debt of ₹4.5B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹75.0B and ₹8.3B respectively. AIA Engineering's EBIT is ₹12.3B making its interest coverage ratio 43.5. It has cash and short-term investments of ₹35.3B.
Key information
6.8%
Debt to equity ratio
₹4.55b
Debt
Interest coverage ratio | 43.5x |
Cash | ₹35.30b |
Equity | ₹66.68b |
Total liabilities | ₹8.27b |
Total assets | ₹74.95b |
Recent financial health updates
AIA Engineering (NSE:AIAENG) Has A Rock Solid Balance Sheet
Dec 01Is AIA Engineering (NSE:AIAENG) A Risky Investment?
Jun 15Is AIA Engineering (NSE:AIAENG) A Risky Investment?
Mar 09We Think AIA Engineering (NSE:AIAENG) Can Manage Its Debt With Ease
Nov 23Does AIA Engineering (NSE:AIAENG) Have A Healthy Balance Sheet?
Feb 26Is AIA Engineering (NSE:AIAENG) Using Too Much Debt?
Nov 03Recent updates
AIA Engineering (NSE:AIAENG) Looks To Prolong Its Impressive Returns
Apr 29Does AIA Engineering (NSE:AIAENG) Deserve A Spot On Your Watchlist?
Mar 17AIA Engineering Limited Just Missed Revenue By 7.5%: Here's What Analysts Think Will Happen Next
Feb 10Investors Aren't Buying AIA Engineering Limited's (NSE:AIAENG) Earnings
Jan 24Under The Bonnet, AIA Engineering's (NSE:AIAENG) Returns Look Impressive
Jan 06AIA Engineering (NSE:AIAENG) Has A Rock Solid Balance Sheet
Dec 01Do AIA Engineering's (NSE:AIAENG) Earnings Warrant Your Attention?
Nov 13Investors Shouldn't Overlook AIA Engineering's (NSE:AIAENG) Impressive Returns On Capital
Oct 05This Is The Reason Why We Think AIA Engineering Limited's (NSE:AIAENG) CEO Deserves A Bump Up To Their Compensation
Sep 13AIA Engineering (NSE:AIAENG) Is Increasing Its Dividend To ₹16.00
Sep 09AIA Engineering (NSE:AIAENG) Is Increasing Its Dividend To ₹16.00
Aug 26Here's Why We Think AIA Engineering (NSE:AIAENG) Might Deserve Your Attention Today
Aug 13AIA Engineering's (NSE:AIAENG) Upcoming Dividend Will Be Larger Than Last Year's
Jul 26Returns on Capital Paint A Bright Future For AIA Engineering (NSE:AIAENG)
Jul 03Is AIA Engineering (NSE:AIAENG) A Risky Investment?
Jun 15AIA Engineering (NSE:AIAENG) Has Announced That It Will Be Increasing Its Dividend To ₹16.00
May 28With EPS Growth And More, AIA Engineering (NSE:AIAENG) Makes An Interesting Case
Mar 24Is AIA Engineering (NSE:AIAENG) A Risky Investment?
Mar 09Investors Should Be Encouraged By AIA Engineering's (NSE:AIAENG) Returns On Capital
Feb 21We Ran A Stock Scan For Earnings Growth And AIA Engineering (NSE:AIAENG) Passed With Ease
Dec 16We Think AIA Engineering (NSE:AIAENG) Can Manage Its Debt With Ease
Nov 23AIA Engineering (NSE:AIAENG) May Have Issues Allocating Its Capital
Nov 07Should You Be Adding AIA Engineering (NSE:AIAENG) To Your Watchlist Today?
Sep 14AIA Engineering's (NSE:AIAENG) Dividend Will Be ₹9.00
Aug 12Be Wary Of AIA Engineering (NSE:AIAENG) And Its Returns On Capital
Jul 29Some Investors May Be Worried About AIA Engineering's (NSE:AIAENG) Returns On Capital
Apr 28Does AIA Engineering (NSE:AIAENG) Have A Healthy Balance Sheet?
Feb 26AIA Engineering's (NSE:AIAENG) Returns On Capital Not Reflecting Well On The Business
Jan 17Is AIA Engineering (NSE:AIAENG) Using Too Much Debt?
Nov 03Be Wary Of AIA Engineering (NSE:AIAENG) And Its Returns On Capital
Oct 08Here's Why AIA Engineering Limited's (NSE:AIAENG) CEO May Have Their Pay Bumped Up
Aug 27Here's Why AIA Engineering (NSE:AIAENG) Can Manage Its Debt Responsibly
Jul 20The Returns On Capital At AIA Engineering (NSE:AIAENG) Don't Inspire Confidence
Jun 11AIA Engineering (NSE:AIAENG) Has A Pretty Healthy Balance Sheet
Mar 28Financial Position Analysis
Short Term Liabilities: AIAENG's short term assets (₹60.0B) exceed its short term liabilities (₹7.5B).
Long Term Liabilities: AIAENG's short term assets (₹60.0B) exceed its long term liabilities (₹785.6M).
Debt to Equity History and Analysis
Debt Level: AIAENG has more cash than its total debt.
Reducing Debt: AIAENG's debt to equity ratio has increased from 3.6% to 6.8% over the past 5 years.
Debt Coverage: AIAENG's debt is well covered by operating cash flow (198.6%).
Interest Coverage: AIAENG's interest payments on its debt are well covered by EBIT (43.5x coverage).