Jay Bharat Maruti Balance Sheet Health
Financial Health criteria checks 3/6
Jay Bharat Maruti has a total shareholder equity of ₹5.2B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are ₹14.7B and ₹9.6B respectively. Jay Bharat Maruti's EBIT is ₹908.3M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹36.5M.
Key information
84.2%
Debt to equity ratio
₹4.35b
Debt
Interest coverage ratio | 2.3x |
Cash | ₹36.47m |
Equity | ₹5.17b |
Total liabilities | ₹9.57b |
Total assets | ₹14.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520066's short term assets (₹4.1B) do not cover its short term liabilities (₹6.2B).
Long Term Liabilities: 520066's short term assets (₹4.1B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 520066's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: 520066's debt to equity ratio has reduced from 90.6% to 84.2% over the past 5 years.
Debt Coverage: 520066's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 520066's interest payments on its debt are not well covered by EBIT (2.3x coverage).