Uday Jewellery Industries Balance Sheet Health
Financial Health criteria checks 4/6
Uday Jewellery Industries has a total shareholder equity of ₹737.9M and total debt of ₹303.4M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ₹1.1B and ₹362.6M respectively. Uday Jewellery Industries's EBIT is ₹154.6M making its interest coverage ratio -90.7. It has cash and short-term investments of ₹10.3M.
Key information
41.1%
Debt to equity ratio
₹303.42m
Debt
Interest coverage ratio | -90.7x |
Cash | ₹10.32m |
Equity | ₹737.88m |
Total liabilities | ₹362.60m |
Total assets | ₹1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539518's short term assets (₹1.0B) exceed its short term liabilities (₹351.2M).
Long Term Liabilities: 539518's short term assets (₹1.0B) exceed its long term liabilities (₹11.4M).
Debt to Equity History and Analysis
Debt Level: 539518's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 539518's debt to equity ratio has increased from 39.8% to 41.1% over the past 5 years.
Debt Coverage: 539518's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 539518 earns more interest than it pays, so coverage of interest payments is not a concern.