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 ₹339.7M making its interest coverage ratio -17. It has cash and short-term investments of ₹201.1M.
Key information
0.5%
Debt to equity ratio
₹7.91m
Debt
| Interest coverage ratio | -17x |
| Cash | ₹201.13m |
| Equity | ₹1.55b |
| Total liabilities | ₹313.52m |
| Total assets | ₹1.86b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Airan (NSE:AIRAN) Is Well Worth Watching
Nov 14
Investors Appear Satisfied With Airan Limited's (NSE:AIRAN) Prospects As Shares Rocket 42%
Aug 13We Ran A Stock Scan For Earnings Growth And Airan (NSE:AIRAN) Passed With Ease
Aug 09Airan Limited (NSE:AIRAN) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Mar 21A 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 (₹750.8M) exceed its short term liabilities (₹196.4M).
Long Term Liabilities: AIRAN's short term assets (₹750.8M) exceed its long term liabilities (₹117.1M).
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 13.2% to 0.5% over the past 5 years.
Debt Coverage: AIRAN's debt is well covered by operating cash flow (2120.7%).
Interest Coverage: AIRAN earns more interest than it pays, so coverage of interest payments is not a concern.