Jainex Aamcol Balance Sheet Health
Financial Health criteria checks 5/6
Jainex Aamcol has a total shareholder equity of ₹69.2M and total debt of ₹41.9M, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are ₹161.4M and ₹92.2M respectively. Jainex Aamcol's EBIT is ₹14.8M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹1.9M.
Key information
60.5%
Debt to equity ratio
₹41.86m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹1.94m |
| Equity | ₹69.20m |
| Total liabilities | ₹92.22m |
| Total assets | ₹161.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505212's short term assets (₹115.6M) exceed its short term liabilities (₹89.3M).
Long Term Liabilities: 505212's short term assets (₹115.6M) exceed its long term liabilities (₹2.9M).
Debt to Equity History and Analysis
Debt Level: 505212's net debt to equity ratio (57.7%) is considered high.
Reducing Debt: 505212's debt to equity ratio has reduced from 187.4% to 60.5% over the past 5 years.
Debt Coverage: 505212's debt is well covered by operating cash flow (50.3%).
Interest Coverage: 505212's interest payments on its debt are well covered by EBIT (3.5x coverage).