Jain Irrigation Systems Balance Sheet Health
Financial Health criteria checks 3/6
Jain Irrigation Systems has a total shareholder equity of ₹55.9B and total debt of ₹38.5B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are ₹112.1B and ₹56.2B respectively. Jain Irrigation Systems's EBIT is ₹4.7B making its interest coverage ratio 1.2. It has cash and short-term investments of ₹785.2M.
Key information
68.9%
Debt to equity ratio
₹38.54b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹785.20m |
| Equity | ₹55.91b |
| Total liabilities | ₹56.19b |
| Total assets | ₹112.10b |
Recent financial health updates
We Think Jain Irrigation Systems (NSE:JISLJALEQS) Is Taking Some Risk With Its Debt
Mar 13
Is Jain Irrigation Systems (NSE:JISLJALEQS) A Risky Investment?
Sep 13Jain Irrigation Systems (NSE:JISLJALEQS) Use Of Debt Could Be Considered Risky
Jan 28Is Jain Irrigation Systems (NSE:JISLJALEQS) A Risky Investment?
Jun 21Jain Irrigation Systems (NSE:JISLJALEQS) Use Of Debt Could Be Considered Risky
Jan 10Is Jain Irrigation Systems (NSE:JISLJALEQS) Using Too Much Debt?
Jan 07Recent updates
There's No Escaping Jain Irrigation Systems Limited's (NSE:JISLJALEQS) Muted Revenues Despite A 28% Share Price Rise
Nov 27Jain Irrigation Systems (NSE:JISLJALEQS) Has More To Do To Multiply In Value Going Forward
Oct 26Jain Irrigation Systems Limited's (NSE:JISLJALEQS) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Jun 21Impressive Earnings May Not Tell The Whole Story For Jain Irrigation Systems (NSE:JISLJALEQS)
May 26Jain Irrigation Systems Limited (NSE:JISLJALEQS) Stock Catapults 30% Though Its Price And Business Still Lag The Industry
Apr 30We Think Jain Irrigation Systems (NSE:JISLJALEQS) Is Taking Some Risk With Its Debt
Mar 13Why Investors Shouldn't Be Surprised By Jain Irrigation Systems Limited's (NSE:JISLJALEQS) 26% Share Price Plunge
Mar 13Jain Irrigation Systems Limited's (NSE:JISLJALEQS) Price Is Right But Growth Is Lacking
Jan 26Jain Irrigation Systems (NSE:JISLJALEQS) Could Be Struggling To Allocate Capital
Oct 24Is Jain Irrigation Systems (NSE:JISLJALEQS) A Risky Investment?
Sep 13Returns On Capital At Jain Irrigation Systems (NSE:JISLJALEQS) Paint A Concerning Picture
May 05Jain Irrigation Systems (NSE:JISLJALEQS) Use Of Debt Could Be Considered Risky
Jan 28Investors Could Be Concerned With Jain Irrigation Systems' (NSE:JISLJALEQS) Returns On Capital
Sep 07Is Jain Irrigation Systems (NSE:JISLJALEQS) A Risky Investment?
Jun 21Here's What's Concerning About Jain Irrigation Systems' (NSE:JISLJALEQS) Returns On Capital
Feb 14Jain Irrigation Systems (NSE:JISLJALEQS) Use Of Debt Could Be Considered Risky
Jan 10Why Jain Irrigation Systems' (NSE:JISLJALEQS) Earnings Are Weaker Than They Seem
Nov 20We Think Shareholders May Want To Consider A Review Of Jain Irrigation Systems Limited's (NSE:JISLJALEQS) CEO Compensation Package
Sep 22Returns On Capital At Jain Irrigation Systems (NSE:JISLJALEQS) Paint A Concerning Picture
Aug 19Introducing Jain Irrigation Systems (NSE:JISLJALEQS), The Stock That Zoomed 252% In The Last Year
Feb 28What Is The Ownership Structure Like For Jain Irrigation Systems Limited (NSE:JISLJALEQS)?
Feb 02Is Jain Irrigation Systems (NSE:JISLJALEQS) Using Too Much Debt?
Jan 07How Should Investors React To Jain Irrigation Systems' (NSE:JISLJALEQS) CEO Pay?
Dec 11
Would Shareholders Who Purchased Jain Irrigation Systems' (NSE:JISLJALEQS) Stock Three Years Be Happy With The Share price Today?
Nov 10Is Jain Irrigation Systems Limited's (NSE:JISLJALEQS) Shareholder Ownership Skewed Towards Insiders?
Sep 14Financial Position Analysis
Short Term Liabilities: JISLJALEQS's short term assets (₹54.4B) exceed its short term liabilities (₹41.1B).
Long Term Liabilities: JISLJALEQS's short term assets (₹54.4B) exceed its long term liabilities (₹15.1B).
Debt to Equity History and Analysis
Debt Level: JISLJALEQS's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: JISLJALEQS's debt to equity ratio has reduced from 139.1% to 68.9% over the past 5 years.
Debt Coverage: JISLJALEQS's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: JISLJALEQS's interest payments on its debt are not well covered by EBIT (1.2x coverage).