JSL Industries Balance Sheet Health
Financial Health criteria checks 6/6
JSL Industries has a total shareholder equity of ₹381.5M and total debt of ₹19.5M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ₹520.9M and ₹139.3M respectively. JSL Industries's EBIT is ₹42.5M making its interest coverage ratio -8.2. It has cash and short-term investments of ₹119.7M.
Key information
5.1%
Debt to equity ratio
₹19.51m
Debt
Interest coverage ratio | -8.2x |
Cash | ₹119.67m |
Equity | ₹381.55m |
Total liabilities | ₹139.31m |
Total assets | ₹520.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504080's short term assets (₹269.8M) exceed its short term liabilities (₹77.4M).
Long Term Liabilities: 504080's short term assets (₹269.8M) exceed its long term liabilities (₹61.9M).
Debt to Equity History and Analysis
Debt Level: 504080 has more cash than its total debt.
Reducing Debt: 504080's debt to equity ratio has reduced from 23.9% to 5.1% over the past 5 years.
Debt Coverage: 504080's debt is well covered by operating cash flow (295.1%).
Interest Coverage: 504080 earns more interest than it pays, so coverage of interest payments is not a concern.