Jain Irrigation Systems Balance Sheet Health
Financial Health criteria checks 3/6
Jain Irrigation Systems has a total shareholder equity of ₹55.9B and total debt of ₹38.5B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are ₹112.1B and ₹56.2B respectively. Jain Irrigation Systems's EBIT is ₹4.7B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹785.2M.
Key information
68.9%
Debt to equity ratio
₹38.54b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹785.20m |
| Equity | ₹55.91b |
| Total liabilities | ₹56.19b |
| Total assets | ₹112.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500219's short term assets (₹54.4B) exceed its short term liabilities (₹41.1B).
Long Term Liabilities: 500219's short term assets (₹54.4B) exceed its long term liabilities (₹15.1B).
Debt to Equity History and Analysis
Debt Level: 500219's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: 500219's debt to equity ratio has reduced from 139.1% to 68.9% over the past 5 years.
Debt Coverage: 500219's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 500219's interest payments on its debt are not well covered by EBIT (1.2x coverage).