Arihant Academy Balance Sheet Health
Financial Health criteria checks 6/6
Arihant Academy has a total shareholder equity of ₹229.2M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹422.0M and ₹192.8M respectively. Arihant Academy's EBIT is ₹44.2M making its interest coverage ratio -3.8. It has cash and short-term investments of ₹237.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -3.8x |
| Cash | ₹237.36m |
| Equity | ₹229.16m |
| Total liabilities | ₹192.81m |
| Total assets | ₹421.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARIHANTACA's short term assets (₹281.9M) exceed its short term liabilities (₹189.2M).
Long Term Liabilities: ARIHANTACA's short term assets (₹281.9M) exceed its long term liabilities (₹3.6M).
Debt to Equity History and Analysis
Debt Level: ARIHANTACA is debt free.
Reducing Debt: ARIHANTACA had no debt 5 years ago.
Debt Coverage: ARIHANTACA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ARIHANTACA has no debt, therefore coverage of interest payments is not a concern.