Airan Balance Sheet Health
Financial Health criteria checks 6/6
Airan has a total shareholder equity of ₹1.3B and total debt of ₹7.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹1.6B and ₹235.4M respectively. Airan's EBIT is ₹141.3M making its interest coverage ratio 46. It has cash and short-term investments of ₹158.7M.
Key information
0.6%
Debt to equity ratio
₹7.57m
Debt
Interest coverage ratio | 46x |
Cash | ₹158.74m |
Equity | ₹1.35b |
Total liabilities | ₹235.36m |
Total assets | ₹1.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543811's short term assets (₹749.2M) exceed its short term liabilities (₹158.1M).
Long Term Liabilities: 543811's short term assets (₹749.2M) exceed its long term liabilities (₹77.3M).
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 14.7% to 0.6% over the past 5 years.
Debt Coverage: 543811's debt is well covered by operating cash flow (366.1%).
Interest Coverage: 543811's interest payments on its debt are well covered by EBIT (46x coverage).