Arihant Academy Balance Sheet Health
Financial Health criteria checks 6/6
Arihant Academy has a total shareholder equity of ₹212.0M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹354.7M and ₹142.7M respectively. Arihant Academy's EBIT is ₹19.6M making its interest coverage ratio 157.1. It has cash and short-term investments of ₹198.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 157.1x |
| Cash | ₹198.86m |
| Equity | ₹212.02m |
| Total liabilities | ₹142.66m |
| Total assets | ₹354.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARIHANTACA's short term assets (₹232.3M) exceed its short term liabilities (₹138.5M).
Long Term Liabilities: ARIHANTACA's short term assets (₹232.3M) exceed its long term liabilities (₹4.2M).
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.