Airan Balance Sheet Health
Financial Health criteria checks 6/6
Airan has a total shareholder equity of ₹1.5B and total debt of ₹7.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹1.9B and ₹313.5M respectively. Airan's EBIT is ₹148.4M making its interest coverage ratio -7.4. It has cash and short-term investments of ₹201.1M.
Key information
0.5%
Debt to equity ratio
₹7.91m
Debt
| Interest coverage ratio | -7.4x |
| Cash | ₹201.13m |
| Equity | ₹1.55b |
| Total liabilities | ₹313.52m |
| Total assets | ₹1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543811's short term assets (₹750.8M) exceed its short term liabilities (₹196.4M).
Long Term Liabilities: 543811's short term assets (₹750.8M) exceed its long term liabilities (₹117.1M).
Debt to Equity History and Analysis
Debt Level: 543811 has more cash than its total debt.
Reducing Debt: 543811's debt to equity ratio has reduced from 13.2% to 0.5% over the past 5 years.
Debt Coverage: 543811's debt is well covered by operating cash flow (2120.7%).
Interest Coverage: 543811 earns more interest than it pays, so coverage of interest payments is not a concern.