Jyoti Structures Balance Sheet Health
Financial Health criteria checks 1/6
Jyoti Structures has a total shareholder equity of ₹-255.1M and total debt of ₹19.2B, which brings its debt-to-equity ratio to -7510.7%. Its total assets and total liabilities are ₹23.4B and ₹23.7B respectively. Jyoti Structures's EBIT is ₹33.9M making its interest coverage ratio -13.5. It has cash and short-term investments of ₹387.2M.
Key information
-7,510.7%
Debt to equity ratio
₹19.16b
Debt
| Interest coverage ratio | -13.5x |
| Cash | ₹387.17m |
| Equity | -₹255.15m |
| Total liabilities | ₹23.66b |
| Total assets | ₹23.40b |
Recent financial health updates
Is Jyoti Structures (NSE:JYOTISTRUC) Using Too Much Debt?
Aug 03
Would Jyoti Structures (NSE:JYOTISTRUC) Be Better Off With Less Debt?
Feb 21Here's Why Jyoti Structures (NSE:JYOTISTRUC) Can Afford Some Debt
Jun 18Recent updates
Jyoti Structures' (NSE:JYOTISTRUC) Solid Profits Have Weak Fundamentals
Jun 06Jyoti Structures Limited's (NSE:JYOTISTRUC) 28% Price Boost Is Out Of Tune With Revenues
May 01Why Investors Shouldn't Be Surprised By Jyoti Structures Limited's (NSE:JYOTISTRUC) 58% Share Price Surge
Feb 09Jyoti Structures Limited's (NSE:JYOTISTRUC) P/S Is Still On The Mark Following 37% Share Price Bounce
Dec 18Jyoti Structures' (NSE:JYOTISTRUC) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 15Is Jyoti Structures (NSE:JYOTISTRUC) Using Too Much Debt?
Aug 03Would Jyoti Structures (NSE:JYOTISTRUC) Be Better Off With Less Debt?
Feb 21Here's Why Jyoti Structures (NSE:JYOTISTRUC) Can Afford Some Debt
Jun 18Financial Position Analysis
Short Term Liabilities: JYOTISTRUC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JYOTISTRUC 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: JYOTISTRUC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: JYOTISTRUC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: JYOTISTRUC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JYOTISTRUC earns more interest than it pays, so coverage of interest payments is not a concern.