Aether Industries Balance Sheet Health
Financial Health criteria checks 6/6
Aether Industries has a total shareholder equity of ₹20.5B and total debt of ₹170.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹22.3B and ₹1.8B respectively. Aether Industries's EBIT is ₹1.5B making its interest coverage ratio -35.4. It has cash and short-term investments of ₹2.0B.
Key information
0.8%
Debt to equity ratio
₹170.51m
Debt
| Interest coverage ratio | -35.4x |
| Cash | ₹1.99b |
| Equity | ₹20.46b |
| Total liabilities | ₹1.81b |
| Total assets | ₹22.27b |
Recent financial health updates
No updates
Recent updates
Aether Industries Limited (NSE:AETHER) Not Lagging Industry On Growth Or Pricing
Mar 09
Here's Why We Think Aether Industries (NSE:AETHER) Is Well Worth Watching
Sep 29Results: Aether Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 29If EPS Growth Is Important To You, Aether Industries (NSE:AETHER) Presents An Opportunity
Jun 09With Aether Industries Limited (NSE:AETHER) It Looks Like You'll Get What You Pay For
Apr 19Aether Industries' (NSE:AETHER) Profits Appear To Have Quality Issues
Nov 19Financial Position Analysis
Short Term Liabilities: AETHER's short term assets (₹8.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: AETHER's short term assets (₹8.6B) exceed its long term liabilities (₹425.3M).
Debt to Equity History and Analysis
Debt Level: AETHER has more cash than its total debt.
Reducing Debt: AETHER's debt to equity ratio has reduced from 384.2% to 0.8% over the past 5 years.
Debt Coverage: AETHER's debt is well covered by operating cash flow (275.4%).
Interest Coverage: AETHER earns more interest than it pays, so coverage of interest payments is not a concern.