DroneAcharya Aerial Innovations Balance Sheet Health
Financial Health criteria checks 6/6
DroneAcharya Aerial Innovations has a total shareholder equity of ₹730.1M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹815.0M and ₹84.9M respectively. DroneAcharya Aerial Innovations's EBIT is ₹36.0M making its interest coverage ratio -2.1. It has cash and short-term investments of ₹60.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.1x |
| Cash | ₹60.88m |
| Equity | ₹730.12m |
| Total liabilities | ₹84.86m |
| Total assets | ₹814.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543713's short term assets (₹459.9M) exceed its short term liabilities (₹81.4M).
Long Term Liabilities: 543713's short term assets (₹459.9M) exceed its long term liabilities (₹3.5M).
Debt to Equity History and Analysis
Debt Level: 543713 is debt free.
Reducing Debt: 543713 had no debt 5 years ago.
Debt Coverage: 543713 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 543713 has no debt, therefore coverage of interest payments is not a concern.