JK Tyre & Industries Balance Sheet Health
Financial Health criteria checks 5/6
JK Tyre & Industries has a total shareholder equity of ₹38.7B and total debt of ₹44.4B, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are ₹128.9B and ₹90.1B respectively. JK Tyre & Industries's EBIT is ₹15.4B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹2.6B.
Key information
114.6%
Debt to equity ratio
₹44.42b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹2.65b |
| Equity | ₹38.75b |
| Total liabilities | ₹90.12b |
| Total assets | ₹128.87b |
Recent financial health updates
These 4 Measures Indicate That JK Tyre & Industries (NSE:JKTYRE) Is Using Debt Reasonably Well
Jan 19
Here's Why JK Tyre & Industries (NSE:JKTYRE) Has A Meaningful Debt Burden
Jun 28JK Tyre & Industries (NSE:JKTYRE) Seems To Be Using A Lot Of Debt
Nov 29JK Tyre & Industries (NSE:JKTYRE) Seems To Be Using A Lot Of Debt
Dec 31
Recent updates
Estimating The Intrinsic Value Of JK Tyre & Industries Limited (NSE:JKTYRE)
Mar 25JK Tyre & Industries (NSE:JKTYRE) Is Achieving High Returns On Its Capital
Mar 13JK Tyre & Industries Limited (NSE:JKTYRE) Soars 31% But It's A Story Of Risk Vs Reward
Feb 02If EPS Growth Is Important To You, JK Tyre & Industries (NSE:JKTYRE) Presents An Opportunity
Feb 01These 4 Measures Indicate That JK Tyre & Industries (NSE:JKTYRE) Is Using Debt Reasonably Well
Jan 19At ₹398, Is JK Tyre & Industries Limited (NSE:JKTYRE) Worth Looking At Closely?
Jan 03Many Still Looking Away From JK Tyre & Industries Limited (NSE:JKTYRE)
Dec 19JK Tyre & Industries' (NSE:JKTYRE) Returns Have Hit A Wall
Oct 25Is JK Tyre & Industries Limited (NSE:JKTYRE) Worth ₹311 Based On Its Intrinsic Value?
Oct 12What Does JK Tyre & Industries Limited's (NSE:JKTYRE) Share Price Indicate?
Sep 21Here's Why JK Tyre & Industries (NSE:JKTYRE) Has A Meaningful Debt Burden
Jun 28Should You Think About Buying JK Tyre & Industries Limited (NSE:JKTYRE) Now?
Jan 25JK Tyre & Industries (NSE:JKTYRE) Is Doing The Right Things To Multiply Its Share Price
Jan 13Calculating The Intrinsic Value Of JK Tyre & Industries Limited (NSE:JKTYRE)
Dec 25JK Tyre & Industries (NSE:JKTYRE) Seems To Be Using A Lot Of Debt
Nov 29What Is JK Tyre & Industries Limited's (NSE:JKTYRE) Share Price Doing?
Oct 11A Look At The Fair Value Of JK Tyre & Industries Limited (NSE:JKTYRE)
Sep 19JK Tyre & Industries (NSE:JKTYRE) Is Paying Out Less In Dividends Than Last Year
Aug 08JK Tyre & Industries (NSE:JKTYRE) Will Be Looking To Turn Around Its Returns
Jul 13If You Like EPS Growth Then Check Out JK Tyre & Industries (NSE:JKTYRE) Before It's Too Late
Mar 30Is There Now An Opportunity In JK Tyre & Industries Limited (NSE:JKTYRE)?
Oct 19The Returns On Capital At JK Tyre & Industries (NSE:JKTYRE) Don't Inspire Confidence
Aug 03There Are Reasons To Feel Uneasy About JK Tyre & Industries' (NSE:JKTYRE) Returns On Capital
May 04Is JK Tyre & Industries Limited (NSE:JKTYRE) A Good Fit For Your Dividend Portfolio?
Apr 12At ₹111, Is JK Tyre & Industries Limited (NSE:JKTYRE) Worth Looking At Closely?
Apr 01Are Investors Undervaluing JK Tyre & Industries Limited (NSE:JKTYRE) By 44%?
Mar 08Who Has Been Buying JK Tyre & Industries Limited (NSE:JKTYRE) Shares?
Feb 25Update: JK Tyre & Industries (NSE:JKTYRE) Stock Gained 78% In The Last Year
Feb 14With A 3.6% Return On Equity, Is JK Tyre & Industries Limited (NSE:JKTYRE) A Quality Stock?
Feb 03JK Tyre & Industries Limited Just Beat Revenue Estimates By 16%
Jan 23Is JK Tyre & Industries (NSE:JKTYRE) Likely To Turn Things Around?
Jan 15JK Tyre & Industries (NSE:JKTYRE) Seems To Be Using A Lot Of Debt
Dec 31JK Tyre & Industries Limited (NSE:JKTYRE) Investors Should Think About This Before Buying It For Its Dividend
Dec 14Is Now The Time To Look At Buying JK Tyre & Industries Limited (NSE:JKTYRE)?
Nov 29Estimating The Intrinsic Value Of JK Tyre & Industries Limited (NSE:JKTYRE)
Nov 14How Much Did JK Tyre & Industries'(NSE:JKTYRE) Shareholders Earn From Share Price Movements Over The Last Three Years?
Oct 30Who Has Been Buying JK Tyre & Industries Limited (NSE:JKTYRE) Shares?
Oct 15Financial Position Analysis
Short Term Liabilities: JKTYRE's short term assets (₹56.3B) exceed its short term liabilities (₹52.4B).
Long Term Liabilities: JKTYRE's short term assets (₹56.3B) exceed its long term liabilities (₹37.7B).
Debt to Equity History and Analysis
Debt Level: JKTYRE's net debt to equity ratio (107.8%) is considered high.
Reducing Debt: JKTYRE's debt to equity ratio has reduced from 244.9% to 114.6% over the past 5 years.
Debt Coverage: JKTYRE's debt is well covered by operating cash flow (42.1%).
Interest Coverage: JKTYRE's interest payments on its debt are well covered by EBIT (3.5x coverage).