Jyoti CNC Automation Balance Sheet Health
Financial Health criteria checks 5/6
Jyoti CNC Automation has a total shareholder equity of ₹13.6B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are ₹21.8B and ₹8.1B respectively. Jyoti CNC Automation's EBIT is ₹3.5B making its interest coverage ratio 4.3. It has cash and short-term investments of ₹3.9B.
Key information
22.3%
Debt to equity ratio
₹3.04b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ₹3.86b |
| Equity | ₹13.65b |
| Total liabilities | ₹8.14b |
| Total assets | ₹21.78b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JYOTICNC's short term assets (₹17.6B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: JYOTICNC's short term assets (₹17.6B) exceed its long term liabilities (₹997.9M).
Debt to Equity History and Analysis
Debt Level: JYOTICNC has more cash than its total debt.
Reducing Debt: JYOTICNC's debt to equity ratio has reduced from 254.8% to 22.3% over the past 5 years.
Debt Coverage: JYOTICNC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JYOTICNC's interest payments on its debt are well covered by EBIT (4.3x coverage).