Jagjanani Textiles Balance Sheet Health
Financial Health criteria checks 1/6
Jagjanani Textiles has a total shareholder equity of ₹684.0K and total debt of ₹1.3M, which brings its debt-to-equity ratio to 184.9%. Its total assets and total liabilities are ₹2.2M and ₹1.5M respectively.
Key information
184.9%
Debt to equity ratio
₹1.27m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹108.00k |
| Equity | ₹684.00k |
| Total liabilities | ₹1.49m |
| Total assets | ₹2.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532825's short term assets (₹108.0K) do not cover its short term liabilities (₹223.0K).
Long Term Liabilities: 532825's short term assets (₹108.0K) do not cover its long term liabilities (₹1.3M).
Debt to Equity History and Analysis
Debt Level: 532825's net debt to equity ratio (169.2%) is considered high.
Reducing Debt: 532825 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 532825's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 532825's interest payments on its debt are well covered by EBIT.