JNK India Balance Sheet Health
Financial Health criteria checks 4/6
JNK India has a total shareholder equity of ₹5.0B and total debt of ₹220.9M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ₹7.9B and ₹2.9B respectively. JNK India's EBIT is ₹853.3M making its interest coverage ratio 16.1. It has cash and short-term investments of ₹2.2B.
Key information
4.4%
Debt to equity ratio
₹220.85m
Debt
| Interest coverage ratio | 16.1x |
| Cash | ₹2.17b |
| Equity | ₹4.99b |
| Total liabilities | ₹2.88b |
| Total assets | ₹7.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNKINDIA's short term assets (₹7.2B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: JNKINDIA's short term assets (₹7.2B) exceed its long term liabilities (₹204.1M).
Debt to Equity History and Analysis
Debt Level: JNKINDIA has more cash than its total debt.
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 (16.1x coverage).