Jaiprakash Associates Balance Sheet Health
Financial Health criteria checks 2/6
Jaiprakash Associates has a total shareholder equity of ₹-39.7B and total debt of ₹147.1B, which brings its debt-to-equity ratio to -370.7%. Its total assets and total liabilities are ₹352.9B and ₹392.6B respectively. Jaiprakash Associates's EBIT is ₹3.6B making its interest coverage ratio 0.3. It has cash and short-term investments of ₹11.7B.
Key information
-370.7%
Debt to equity ratio
₹147.13b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹11.72b |
| Equity | -₹39.69b |
| Total liabilities | ₹392.60b |
| Total assets | ₹352.91b |
Recent financial health updates
These 4 Measures Indicate That Jaiprakash Associates (NSE:JPASSOCIAT) Is Using Debt Extensively
Mar 07
Health Check: How Prudently Does Jaiprakash Associates (NSE:JPASSOCIAT) Use Debt?
Jan 18
Is Jaiprakash Associates (NSE:JPASSOCIAT) Using Debt In A Risky Way?
Sep 30Recent updates
Jaiprakash Associates (NSE:JPASSOCIAT) Is Experiencing Growth In Returns On Capital
Apr 12These 4 Measures Indicate That Jaiprakash Associates (NSE:JPASSOCIAT) Is Using Debt Extensively
Mar 07How Much Of Jaiprakash Associates Limited (NSE:JPASSOCIAT) Do Institutions Own?
Mar 21How Should Investors React To Jaiprakash Associates' (NSE:JPASSOCIAT) CEO Pay?
Feb 14Health Check: How Prudently Does Jaiprakash Associates (NSE:JPASSOCIAT) Use Debt?
Jan 18Announcing: Jaiprakash Associates (NSE:JPASSOCIAT) Stock Increased An Energizing 195% In The Last Year
Dec 23Is Jaiprakash Associates Limited (NSE:JPASSOCIAT) Popular Amongst Institutions?
Nov 27We Wouldn't Rely On Jaiprakash Associates's (NSE:JPASSOCIAT) Statutory Earnings As A Guide
Nov 01Is Jaiprakash Associates (NSE:JPASSOCIAT) Using Debt In A Risky Way?
Sep 30The Jaiprakash Associates (NSE:JPASSOCIAT) Share Price Is Up 100% And Shareholders Are Holding On
Aug 20Is Jaiprakash Associates (NSE:JPASSOCIAT) Using Debt In A Risky Way?
Jun 26Financial Position Analysis
Short Term Liabilities: JPASSOCIAT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JPASSOCIAT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: JPASSOCIAT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: JPASSOCIAT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable JPASSOCIAT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JPASSOCIAT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9% per year.