JMG Balance Sheet Health
Financial Health criteria checks 3/6
JMG has a total shareholder equity of ₹71.1M and total debt of ₹8.7M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ₹81.5M and ₹10.3M respectively. JMG's EBIT is ₹100.0K making its interest coverage ratio 0.1. It has cash and short-term investments of ₹4.4M.
Key information
12.2%
Debt to equity ratio
₹8.70m
Debt
Interest coverage ratio | 0.1x |
Cash | ₹4.37m |
Equity | ₹71.15m |
Total liabilities | ₹10.32m |
Total assets | ₹81.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523712's short term assets (₹13.0M) exceed its short term liabilities (₹1.5M).
Long Term Liabilities: 523712's short term assets (₹13.0M) exceed its long term liabilities (₹8.9M).
Debt to Equity History and Analysis
Debt Level: 523712's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 523712's debt to equity ratio has increased from 0% to 12.2% over the past 5 years.
Debt Coverage: 523712's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: 523712's interest payments on its debt are not well covered by EBIT (0.1x coverage).