Aeonx Digital Technology Balance Sheet Health
Financial Health criteria checks 6/6
Aeonx Digital Technology has a total shareholder equity of ₹432.6M and total debt of ₹10.3M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ₹598.2M and ₹165.6M respectively. Aeonx Digital Technology's EBIT is ₹14.7M making its interest coverage ratio -0.7. It has cash and short-term investments of ₹95.3M.
Key information
2.4%
Debt to equity ratio
₹10.34m
Debt
Interest coverage ratio | -0.7x |
Cash | ₹95.26m |
Equity | ₹432.64m |
Total liabilities | ₹165.57m |
Total assets | ₹598.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524594's short term assets (₹423.8M) exceed its short term liabilities (₹154.9M).
Long Term Liabilities: 524594's short term assets (₹423.8M) exceed its long term liabilities (₹10.6M).
Debt to Equity History and Analysis
Debt Level: 524594 has more cash than its total debt.
Reducing Debt: 524594's debt to equity ratio has reduced from 19.4% to 2.4% over the past 5 years.
Debt Coverage: 524594's debt is well covered by operating cash flow (240.5%).
Interest Coverage: 524594 earns more interest than it pays, so coverage of interest payments is not a concern.