Shri Jagdamba Polymers Balance Sheet Health
Financial Health criteria checks 4/6
Shri Jagdamba Polymers has a total shareholder equity of ₹2.6B and total debt of ₹270.5M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹3.2B and ₹568.2M respectively. Shri Jagdamba Polymers's EBIT is ₹532.4M making its interest coverage ratio 6.6. It has cash and short-term investments of ₹286.5M.
Key information
10.3%
Debt to equity ratio
₹270.51m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹286.54m |
| Equity | ₹2.63b |
| Total liabilities | ₹568.25m |
| Total assets | ₹3.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512453's short term assets (₹2.0B) exceed its short term liabilities (₹482.3M).
Long Term Liabilities: 512453's short term assets (₹2.0B) exceed its long term liabilities (₹86.0M).
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 increased from 8.7% to 10.3% over the past 5 years.
Debt Coverage: 512453's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512453's interest payments on its debt are well covered by EBIT (6.6x coverage).