JNK India Balance Sheet Health
Financial Health criteria checks 4/6
JNK India has a total shareholder equity of ₹2.0B and total debt of ₹547.8M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are ₹5.3B and ₹3.3B respectively. JNK India's EBIT is ₹937.2M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹291.4M.
Key information
28.0%
Debt to equity ratio
₹547.80m
Debt
Interest coverage ratio | 9.4x |
Cash | ₹291.37m |
Equity | ₹1.95b |
Total liabilities | ₹3.32b |
Total assets | ₹5.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNKINDIA's short term assets (₹4.7B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: JNKINDIA's short term assets (₹4.7B) exceed its long term liabilities (₹189.9M).
Debt to Equity History and Analysis
Debt Level: JNKINDIA's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JNKINDIA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JNKINDIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JNKINDIA's interest payments on its debt are well covered by EBIT (9.4x coverage).