JSL Industries Balance Sheet Health
Financial Health criteria checks 5/6
JSL Industries has a total shareholder equity of ₹451.6M and total debt of ₹56.4M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ₹622.3M and ₹170.7M respectively. JSL Industries's EBIT is ₹32.3M making its interest coverage ratio -4.6. It has cash and short-term investments of ₹151.9M.
Key information
12.5%
Debt to equity ratio
₹56.37m
Debt
| Interest coverage ratio | -4.6x |
| Cash | ₹151.88m |
| Equity | ₹451.58m |
| Total liabilities | ₹170.68m |
| Total assets | ₹622.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504080's short term assets (₹351.2M) exceed its short term liabilities (₹106.0M).
Long Term Liabilities: 504080's short term assets (₹351.2M) exceed its long term liabilities (₹64.7M).
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 19.6% to 12.5% over the past 5 years.
Debt Coverage: 504080's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 504080 earns more interest than it pays, so coverage of interest payments is not a concern.