This company listing is no longer active
JMC Projects (India) Balance Sheet Health
Financial Health criteria checks 4/6
JMC Projects (India) has a total shareholder equity of ₹5.5B and total debt of ₹18.0B, which brings its debt-to-equity ratio to 325.9%. Its total assets and total liabilities are ₹67.7B and ₹62.2B respectively. JMC Projects (India)'s EBIT is ₹3.8B making its interest coverage ratio 1.6. It has cash and short-term investments of ₹2.5B.
Key information
325.9%
Debt to equity ratio
₹18.00b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹2.53b |
| Equity | ₹5.52b |
| Total liabilities | ₹62.21b |
| Total assets | ₹67.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JMCPROJECT's short term assets (₹39.8B) exceed its short term liabilities (₹37.8B).
Long Term Liabilities: JMCPROJECT's short term assets (₹39.8B) exceed its long term liabilities (₹24.4B).
Debt to Equity History and Analysis
Debt Level: JMCPROJECT's net debt to equity ratio (280.1%) is considered high.
Reducing Debt: JMCPROJECT's debt to equity ratio has reduced from 334.8% to 325.9% over the past 5 years.
Debt Coverage: JMCPROJECT's debt is well covered by operating cash flow (34.5%).
Interest Coverage: JMCPROJECT's interest payments on its debt are not well covered by EBIT (1.6x coverage).