Airan Balance Sheet Health
Financial Health criteria checks 6/6
Airan has a total shareholder equity of ₹1.3B and total debt of ₹25.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹1.5B and ₹276.2M respectively. Airan's EBIT is ₹115.1M making its interest coverage ratio -6.3. It has cash and short-term investments of ₹210.4M.
Key information
2.0%
Debt to equity ratio
₹24.98m
Debt
| Interest coverage ratio | -6.3x |
| Cash | ₹210.37m |
| Equity | ₹1.27b |
| Total liabilities | ₹276.24m |
| Total assets | ₹1.55b |
Recent financial health updates
No updates
Recent updates
Airan Limited (NSE:AIRAN) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 21
A Piece Of The Puzzle Missing From Airan Limited's (NSE:AIRAN) 25% Share Price Climb
Jan 01Airan's (NSE:AIRAN) Returns On Capital Are Heading Higher
Sep 27Should You Be Adding Airan (NSE:AIRAN) To Your Watchlist Today?
Aug 25Returns Are Gaining Momentum At Airan (NSE:AIRAN)
Jun 22Airan (NSE:AIRAN) Has More To Do To Multiply In Value Going Forward
Dec 25It's Unlikely That Airan Limited's (NSE:AIRAN) CEO Will See A Huge Pay Rise This Year
Sep 18Does Airan (NSE:AIRAN) Deserve A Spot On Your Watchlist?
Mar 30Here's Why I Think Airan (NSE:AIRAN) Is An Interesting Stock
Dec 21Airan's (NSE:AIRAN) Promising Earnings May Rest On Soft Foundations
Nov 25The Returns At Airan (NSE:AIRAN) Aren't Growing
Nov 24Should You Be Adding Airan (NSE:AIRAN) To Your Watchlist Today?
Aug 20Airan (NSE:AIRAN) Has Some Way To Go To Become A Multi-Bagger
Jul 19There Are Reasons To Feel Uneasy About Airan's (NSE:AIRAN) Returns On Capital
Apr 11Have Insiders Been Buying Airan Limited (NSE:AIRAN) Shares This Year?
Mar 16Do Its Financials Have Any Role To Play In Driving Airan Limited's (NSE:AIRAN) Stock Up Recently?
Feb 18Here's What To Make Of Airan's (NSE:AIRAN) Returns On Capital
Dec 27
Executive Director Poonam Agrawal Just Bought A Handful Of Shares In Airan Limited (NSE:AIRAN)
Nov 20Airan Limited's (NSE:AIRAN) Stock Is Going Strong: Have Financials A Role To Play?
Nov 19Financial Position Analysis
Short Term Liabilities: AIRAN's short term assets (₹763.4M) exceed its short term liabilities (₹181.3M).
Long Term Liabilities: AIRAN's short term assets (₹763.4M) exceed its long term liabilities (₹95.0M).
Debt to Equity History and Analysis
Debt Level: AIRAN has more cash than its total debt.
Reducing Debt: AIRAN's debt to equity ratio has reduced from 15.8% to 2% over the past 5 years.
Debt Coverage: AIRAN's debt is well covered by operating cash flow (764.2%).
Interest Coverage: AIRAN earns more interest than it pays, so coverage of interest payments is not a concern.