Jindal Worldwide Balance Sheet Health
Financial Health criteria checks 5/6
Jindal Worldwide has a total shareholder equity of ₹6.7B and total debt of ₹7.1B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are ₹15.4B and ₹8.7B respectively. Jindal Worldwide's EBIT is ₹1.5B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹3.0B.
Key information
106.2%
Debt to equity ratio
₹7.14b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹2.98b |
| Equity | ₹6.72b |
| Total liabilities | ₹8.65b |
| Total assets | ₹15.38b |
Recent financial health updates
Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
Aug 22
We Think Jindal Worldwide (NSE:JINDWORLD) Can Stay On Top Of Its Debt
Jan 10Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
May 31Is Jindal Worldwide (NSE:JINDWORLD) A Risky Investment?
Jan 08Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
Jul 05These 4 Measures Indicate That Jindal Worldwide (NSE:JINDWORLD) Is Using Debt Extensively
Mar 12Recent updates
Slowing Rates Of Return At Jindal Worldwide (NSE:JINDWORLD) Leave Little Room For Excitement
Apr 16Jindal Worldwide Limited's (NSE:JINDWORLD) 32% Share Price Surge Not Quite Adding Up
Feb 22Investor Optimism Abounds Jindal Worldwide Limited (NSE:JINDWORLD) But Growth Is Lacking
Dec 21Jindal Worldwide's (NSE:JINDWORLD) Returns Have Hit A Wall
Sep 30Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
Aug 22Many Would Be Envious Of Jindal Worldwide's (NSE:JINDWORLD) Excellent Returns On Capital
May 16Here's Why Jindal Worldwide (NSE:JINDWORLD) Has Caught The Eye Of Investors
Apr 10Jindal Worldwide (NSE:JINDWORLD) Knows How To Allocate Capital Effectively
Jan 31We Think Jindal Worldwide (NSE:JINDWORLD) Can Stay On Top Of Its Debt
Jan 10Do Jindal Worldwide's (NSE:JINDWORLD) Earnings Warrant Your Attention?
Dec 05Why We Like The Returns At Jindal Worldwide (NSE:JINDWORLD)
Oct 25Shareholders Would Enjoy A Repeat Of Jindal Worldwide's (NSE:JINDWORLD) Recent Growth In Returns
Jul 05Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
May 31Does Jindal Worldwide (NSE:JINDWORLD) Deserve A Spot On Your Watchlist?
May 13Investors Should Be Encouraged By Jindal Worldwide's (NSE:JINDWORLD) Returns On Capital
Feb 25Here's Why I Think Jindal Worldwide (NSE:JINDWORLD) Might Deserve Your Attention Today
Feb 08Is Jindal Worldwide (NSE:JINDWORLD) A Risky Investment?
Jan 08Returns on Capital Paint A Bright Future For Jindal Worldwide (NSE:JINDWORLD)
Nov 23Jindal Worldwide's (NSE:JINDWORLD) Robust Earnings Are Supported By Other Strong Factors
Nov 05If You Like EPS Growth Then Check Out Jindal Worldwide (NSE:JINDWORLD) Before It's Too Late
Sep 11Estimating The Intrinsic Value Of Jindal Worldwide Limited (NSE:JINDWORLD)
Aug 23Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
Jul 05Jindal Worldwide's (NSE:JINDWORLD) Returns Have Hit A Wall
May 31These 4 Measures Indicate That Jindal Worldwide (NSE:JINDWORLD) Is Using Debt Extensively
Mar 12Will Jindal Worldwide (NSE:JINDWORLD) Multiply In Value Going Forward?
Feb 19Can Jindal Worldwide Limited (NSE:JINDWORLD) Improve Its Returns?
Jan 29
Can You Imagine How Jubilant Jindal Worldwide's (NSE:JINDWORLD) Shareholders Feel About Its 279% Share Price Gain?
Jan 03We Think Jindal Worldwide (NSE:JINDWORLD) Is Taking Some Risk With Its Debt
Dec 07The Returns At Jindal Worldwide (NSE:JINDWORLD) Provide Us With Signs Of What's To Come
Nov 11Financial Position Analysis
Short Term Liabilities: JINDWORLD's short term assets (₹11.4B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: JINDWORLD's short term assets (₹11.4B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: JINDWORLD's net debt to equity ratio (61.9%) is considered high.
Reducing Debt: JINDWORLD's debt to equity ratio has reduced from 212.8% to 106.2% over the past 5 years.
Debt Coverage: JINDWORLD's debt is well covered by operating cash flow (54.3%).
Interest Coverage: JINDWORLD's interest payments on its debt are well covered by EBIT (3.1x coverage).