Jain Irrigation Systems Balance Sheet Health
Financial Health criteria checks 3/6
Jain Irrigation Systems has a total shareholder equity of ₹55.2B and total debt of ₹39.4B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are ₹112.4B and ₹57.2B respectively. Jain Irrigation Systems's EBIT is ₹4.7B making its interest coverage ratio 1.1. It has cash and short-term investments of ₹738.9M.
Key information
71.4%
Debt to equity ratio
₹39.41b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹738.90m |
Equity | ₹55.23b |
Total liabilities | ₹57.16b |
Total assets | ₹112.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 570004's short term assets (₹55.1B) exceed its short term liabilities (₹42.7B).
Long Term Liabilities: 570004's short term assets (₹55.1B) exceed its long term liabilities (₹14.5B).
Debt to Equity History and Analysis
Debt Level: 570004's net debt to equity ratio (70%) is considered high.
Reducing Debt: 570004's debt to equity ratio has reduced from 117.9% to 71.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 570004 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 570004 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.