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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 18:07 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jain Irrigation Systems Limited is covered by 27 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null RESEARCH DEPARTMENT | Angel Broking Private Limited |
| Mukesh Saraf | Avendus Spark |
| Hemant Patel | Axis Capital Limited |