Jayatma Industries Balance Sheet Health
Financial Health criteria checks 3/6
Jayatma Industries has a total shareholder equity of ₹122.9M and total debt of ₹125.3M, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are ₹263.4M and ₹140.5M respectively. Jayatma Industries's EBIT is ₹7.6M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹21.6M.
Key information
102.0%
Debt to equity ratio
₹125.33m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₹21.62m |
| Equity | ₹122.90m |
| Total liabilities | ₹140.54m |
| Total assets | ₹263.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531323's short term assets (₹181.6M) exceed its short term liabilities (₹109.7M).
Long Term Liabilities: 531323's short term assets (₹181.6M) exceed its long term liabilities (₹30.9M).
Debt to Equity History and Analysis
Debt Level: 531323's net debt to equity ratio (84.4%) is considered high.
Reducing Debt: 531323's debt to equity ratio has reduced from 168% to 102% over the past 5 years.
Debt Coverage: 531323's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531323's interest payments on its debt are not well covered by EBIT (0.6x coverage).