Jamna Auto Industries Balance Sheet Health
Financial Health criteria checks 6/6
Jamna Auto Industries has a total shareholder equity of ₹8.4B and total debt of ₹692.2M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹12.1B and ₹3.7B respectively. Jamna Auto Industries's EBIT is ₹2.7B making its interest coverage ratio 84.4. It has cash and short-term investments of ₹685.0M.
Key information
8.3%
Debt to equity ratio
₹692.18m
Debt
Interest coverage ratio | 84.4x |
Cash | ₹685.02m |
Equity | ₹8.36b |
Total liabilities | ₹3.71b |
Total assets | ₹12.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520051's short term assets (₹5.8B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 520051's short term assets (₹5.8B) exceed its long term liabilities (₹420.3M).
Debt to Equity History and Analysis
Debt Level: 520051's net debt to equity ratio (0.09%) is considered satisfactory.
Reducing Debt: 520051's debt to equity ratio has reduced from 54% to 8.3% over the past 5 years.
Debt Coverage: 520051's debt is well covered by operating cash flow (466.4%).
Interest Coverage: 520051's interest payments on its debt are well covered by EBIT (84.4x coverage).