Jyoti CNC Automation Balance Sheet Health
Financial Health criteria checks 1/6
Jyoti CNC Automation has a total shareholder equity of ₹2.5B and total debt of ₹8.2B, which brings its debt-to-equity ratio to 324.8%. Its total assets and total liabilities are ₹15.2B and ₹14.3B respectively. Jyoti CNC Automation's EBIT is ₹2.4B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹86.1M.
Key information
324.8%
Debt to equity ratio
₹8.21b
Debt
Interest coverage ratio | 2.6x |
Cash | ₹86.05m |
Equity | ₹2.53b |
Total liabilities | ₹14.33b |
Total assets | ₹15.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JYOTICNC's short term assets (₹11.8B) do not cover its short term liabilities (₹12.7B).
Long Term Liabilities: JYOTICNC's short term assets (₹11.8B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: JYOTICNC's net debt to equity ratio (321.4%) is considered high.
Reducing Debt: Insufficient data to determine if JYOTICNC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JYOTICNC's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: JYOTICNC's interest payments on its debt are not well covered by EBIT (2.6x coverage).