Shri Jagdamba Polymers Balance Sheet Health
Financial Health criteria checks 6/6
Shri Jagdamba Polymers has a total shareholder equity of ₹2.3B and total debt of ₹158.5M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ₹2.7B and ₹394.4M respectively. Shri Jagdamba Polymers's EBIT is ₹437.2M making its interest coverage ratio -14.8. It has cash and short-term investments of ₹390.4M.
Key information
6.9%
Debt to equity ratio
₹158.46m
Debt
Interest coverage ratio | -14.8x |
Cash | ₹390.37m |
Equity | ₹2.29b |
Total liabilities | ₹394.42m |
Total assets | ₹2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512453's short term assets (₹1.7B) exceed its short term liabilities (₹241.9M).
Long Term Liabilities: 512453's short term assets (₹1.7B) exceed its long term liabilities (₹152.5M).
Debt to Equity History and Analysis
Debt Level: 512453 has more cash than its total debt.
Reducing Debt: 512453's debt to equity ratio has reduced from 23.4% to 6.9% over the past 5 years.
Debt Coverage: 512453's debt is well covered by operating cash flow (173.7%).
Interest Coverage: 512453 earns more interest than it pays, so coverage of interest payments is not a concern.