Jost's Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Jost's Engineering has a total shareholder equity of ₹579.9M and total debt of ₹157.7M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ₹1.2B and ₹666.1M respectively. Jost's Engineering's EBIT is ₹153.5M making its interest coverage ratio 9.3. It has cash and short-term investments of ₹85.5M.
Key information
27.2%
Debt to equity ratio
₹157.70m
Debt
Interest coverage ratio | 9.3x |
Cash | ₹85.50m |
Equity | ₹579.90m |
Total liabilities | ₹666.10m |
Total assets | ₹1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505750's short term assets (₹894.4M) exceed its short term liabilities (₹604.8M).
Long Term Liabilities: 505750's short term assets (₹894.4M) exceed its long term liabilities (₹61.3M).
Debt to Equity History and Analysis
Debt Level: 505750's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 505750's debt to equity ratio has reduced from 92.6% to 27.2% over the past 5 years.
Debt Coverage: 505750's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 505750's interest payments on its debt are well covered by EBIT (9.3x coverage).