Jost's Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Jost's Engineering has a total shareholder equity of ₹658.0M and total debt of ₹117.7M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ₹1.3B and ₹662.1M respectively. Jost's Engineering's EBIT is ₹224.7M making its interest coverage ratio 20.1. It has cash and short-term investments of ₹68.9M.
Key information
17.9%
Debt to equity ratio
₹117.70m
Debt
| Interest coverage ratio | 20.1x |
| Cash | ₹68.90m |
| Equity | ₹658.00m |
| Total liabilities | ₹662.10m |
| Total assets | ₹1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505750's short term assets (₹914.1M) exceed its short term liabilities (₹600.3M).
Long Term Liabilities: 505750's short term assets (₹914.1M) exceed its long term liabilities (₹61.8M).
Debt to Equity History and Analysis
Debt Level: 505750's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 505750's debt to equity ratio has reduced from 80.6% to 17.9% over the past 5 years.
Debt Coverage: 505750's debt is well covered by operating cash flow (42.3%).
Interest Coverage: 505750's interest payments on its debt are well covered by EBIT (20.1x coverage).