Aeroflex Industries Balance Sheet Health
Financial Health criteria checks 6/6
Aeroflex Industries has a total shareholder equity of ₹2.9B and total debt of ₹1.2M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ₹3.7B and ₹818.2M respectively. Aeroflex Industries's EBIT is ₹583.4M making its interest coverage ratio -35.2. It has cash and short-term investments of ₹1.1B.
Key information
0.04%
Debt to equity ratio
₹1.21m
Debt
| Interest coverage ratio | -35.2x |
| Cash | ₹1.06b |
| Equity | ₹2.93b |
| Total liabilities | ₹818.20m |
| Total assets | ₹3.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543972's short term assets (₹2.8B) exceed its short term liabilities (₹810.4M).
Long Term Liabilities: 543972's short term assets (₹2.8B) exceed its long term liabilities (₹7.8M).
Debt to Equity History and Analysis
Debt Level: 543972 has more cash than its total debt.
Reducing Debt: 543972's debt to equity ratio has reduced from 144.2% to 0.04% over the past 5 years.
Debt Coverage: 543972's debt is well covered by operating cash flow (36398.6%).
Interest Coverage: 543972 earns more interest than it pays, so coverage of interest payments is not a concern.