Aeroflex Industries Balance Sheet Health
Financial Health criteria checks 6/6
Aeroflex Industries has a total shareholder equity of ₹3.2B and total debt of ₹7.4M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹4.1B and ₹967.8M respectively. Aeroflex Industries's EBIT is ₹590.7M making its interest coverage ratio -22.2. It has cash and short-term investments of ₹599.1M.
Key information
0.2%
Debt to equity ratio
₹7.37m
Debt
| Interest coverage ratio | -22.2x |
| Cash | ₹599.13m |
| Equity | ₹3.16b |
| Total liabilities | ₹967.85m |
| Total assets | ₹4.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AEROFLEX's short term assets (₹2.8B) exceed its short term liabilities (₹955.3M).
Long Term Liabilities: AEROFLEX's short term assets (₹2.8B) exceed its long term liabilities (₹12.6M).
Debt to Equity History and Analysis
Debt Level: AEROFLEX has more cash than its total debt.
Reducing Debt: AEROFLEX's debt to equity ratio has reduced from 135.8% to 0.2% over the past 5 years.
Debt Coverage: AEROFLEX's debt is well covered by operating cash flow (4128.8%).
Interest Coverage: AEROFLEX earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:57 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aeroflex Industries Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chirag Shah | ICICIdirect.com |