Jash Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Jash Engineering has a total shareholder equity of ₹3.5B and total debt of ₹719.8M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ₹6.0B and ₹2.5B respectively. Jash Engineering's EBIT is ₹943.8M making its interest coverage ratio 8.6. It has cash and short-term investments of ₹1.0B.
Key information
20.5%
Debt to equity ratio
₹719.85m
Debt
| Interest coverage ratio | 8.6x |
| Cash | ₹1.02b |
| Equity | ₹3.51b |
| Total liabilities | ₹2.53b |
| Total assets | ₹6.04b |
Recent financial health updates
These 4 Measures Indicate That Jash Engineering (NSE:JASH) Is Using Debt Extensively
Jun 15
Here's Why Jash Engineering (NSE:JASH) Can Manage Its Debt Responsibly
Aug 13Is Jash Engineering (NSE:JASH) A Risky Investment?
Nov 29Recent updates
Why Investors Shouldn't Be Surprised By Jash Engineering Limited's (NSE:JASH) P/E
Jan 18Is Now The Time To Put Jash Engineering (NSE:JASH) On Your Watchlist?
Oct 24Here's Why Shareholders Will Not Be Complaining About Jash Engineering Limited's (NSE:JASH) CEO Pay Packet
Sep 23Here's Why Jash Engineering (NSE:JASH) Has Caught The Eye Of Investors
Jun 30These 4 Measures Indicate That Jash Engineering (NSE:JASH) Is Using Debt Extensively
Jun 15Jash Engineering (NSE:JASH) Is Very Good At Capital Allocation
Feb 14Here's Why Jash Engineering (NSE:JASH) Can Manage Its Debt Responsibly
Aug 13If You Like EPS Growth Then Check Out Jash Engineering (NSE:JASH) Before It's Too Late
Jun 26Jash Engineering (NSE:JASH) Hasn't Managed To Accelerate Its Returns
Jun 09Has Jash Engineering (NSE:JASH) Got What It Takes To Become A Multi-Bagger?
Mar 10How Much Is Jash Engineering's (NSE:JASH) CEO Getting Paid?
Feb 18Is It Worth Buying Jash Engineering Limited (NSE:JASH) For Its 0.7% Dividend Yield?
Jan 31Is Jash Engineering Limited's (NSE:JASH) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 10Does Jash Engineering (NSE:JASH) Deserve A Spot On Your Watchlist?
Dec 20
Is Jash Engineering (NSE:JASH) A Risky Investment?
Nov 29Financial Position Analysis
Short Term Liabilities: JASH's short term assets (₹4.4B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: JASH's short term assets (₹4.4B) exceed its long term liabilities (₹215.0M).
Debt to Equity History and Analysis
Debt Level: JASH has more cash than its total debt.
Reducing Debt: JASH's debt to equity ratio has reduced from 63.4% to 20.5% over the past 5 years.
Debt Coverage: JASH's debt is well covered by operating cash flow (81%).
Interest Coverage: JASH's interest payments on its debt are well covered by EBIT (8.6x coverage).