Jagjanani Textiles Balance Sheet Health
Financial Health criteria checks 1/6
Jagjanani Textiles has a total shareholder equity of ₹1.2M and total debt of ₹675.0K, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are ₹2.2M and ₹921.0K respectively.
Key information
54.6%
Debt to equity ratio
₹675.00k
Debt
Interest coverage ratio | n/a |
Cash | ₹94.00k |
Equity | ₹1.24m |
Total liabilities | ₹921.00k |
Total assets | ₹2.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532825's short term assets (₹94.0K) do not cover its short term liabilities (₹246.0K).
Long Term Liabilities: 532825's short term assets (₹94.0K) do not cover its long term liabilities (₹675.0K).
Debt to Equity History and Analysis
Debt Level: 532825's net debt to equity ratio (47%) 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.