Uday Jewellery Industries Financial Health
How is Uday Jewellery Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 539518's short term assets (₹837.1M) exceed its short term liabilities (₹277.3M).
Long Term Liabilities: 539518's short term assets (₹837.1M) exceed its long term liabilities (₹16.6M).
Debt to Equity History and Analysis
Debt Level: 539518's net debt to equity ratio (46.5%) is considered high.
Reducing Debt: 539518's debt to equity ratio has reduced from 63.7% to 46.6% over the past 5 years.
Debt Coverage: 539518's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539518's interest payments on its debt are well covered by EBIT (9.7x coverage).