Jain Irrigation Systems Balance Sheet Health
Financial Health criteria checks 3/6
Jain Irrigation Systems has a total shareholder equity of ₹55.8B and total debt of ₹39.3B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are ₹112.0B and ₹56.2B respectively. Jain Irrigation Systems's EBIT is ₹5.4B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹1.1B.
Key information
70.5%
Debt to equity ratio
₹39.33b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹1.08b |
Equity | ₹55.78b |
Total liabilities | ₹56.20b |
Total assets | ₹111.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500219's short term assets (₹54.2B) exceed its short term liabilities (₹39.8B).
Long Term Liabilities: 500219's short term assets (₹54.2B) exceed its long term liabilities (₹16.4B).
Debt to Equity History and Analysis
Debt Level: 500219's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: 500219's debt to equity ratio has reduced from 115.2% to 70.5% over the past 5 years.
Debt Coverage: 500219's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 500219's interest payments on its debt are not well covered by EBIT (1.3x coverage).