Jainex Aamcol Balance Sheet Health
Financial Health criteria checks 4/6
Jainex Aamcol has a total shareholder equity of ₹66.6M and total debt of ₹43.4M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are ₹156.4M and ₹89.8M respectively. Jainex Aamcol's EBIT is ₹9.4M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹2.3M.
Key information
65.1%
Debt to equity ratio
₹43.39m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹2.27m |
Equity | ₹66.61m |
Total liabilities | ₹89.75m |
Total assets | ₹156.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505212's short term assets (₹112.0M) exceed its short term liabilities (₹80.7M).
Long Term Liabilities: 505212's short term assets (₹112.0M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 505212's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 505212's debt to equity ratio has reduced from 225.8% to 65.1% over the past 5 years.
Debt Coverage: 505212's debt is well covered by operating cash flow (51.3%).
Interest Coverage: 505212's interest payments on its debt are not well covered by EBIT (2.3x coverage).