Jindal Worldwide Balance Sheet Health
Financial Health criteria checks 4/6
Jindal Worldwide has a total shareholder equity of ₹7.5B and total debt of ₹8.6B, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are ₹18.0B and ₹10.5B respectively. Jindal Worldwide's EBIT is ₹1.7B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹2.8B.
Key information
114.6%
Debt to equity ratio
₹8.60b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹2.78b |
| Equity | ₹7.50b |
| Total liabilities | ₹10.52b |
| Total assets | ₹18.02b |
Recent financial health updates
These 4 Measures Indicate That Jindal Worldwide (NSE:JINDWORLD) Is Using Debt Reasonably Well
Nov 15
Jindal Worldwide (NSE:JINDWORLD) Takes On Some Risk With Its Use Of Debt
Aug 16Does Jindal Worldwide (NSE:JINDWORLD) Have A Healthy Balance Sheet?
Aug 22We 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 08Recent updates
Jindal Worldwide (NSE:JINDWORLD) Hasn't Managed To Accelerate Its Returns
Jan 03Optimistic Investors Push Jindal Worldwide Limited (NSE:JINDWORLD) Shares Up 34% But Growth Is Lacking
Dec 11These 4 Measures Indicate That Jindal Worldwide (NSE:JINDWORLD) Is Using Debt Reasonably Well
Nov 15Jindal Worldwide Limited's (NSE:JINDWORLD) Popularity With Investors Is Under Threat From Overpricing
Oct 23We Discuss Why Jindal Worldwide Limited's (NSE:JINDWORLD) CEO May Deserve A Higher Pay Packet
Sep 10Jindal Worldwide (NSE:JINDWORLD) Takes On Some Risk With Its Use Of Debt
Aug 16Slowing 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 23Financial Position Analysis
Short Term Liabilities: JINDWORLD's short term assets (₹14.0B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: JINDWORLD's short term assets (₹14.0B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: JINDWORLD's net debt to equity ratio (77.6%) is considered high.
Reducing Debt: JINDWORLD's debt to equity ratio has reduced from 164.4% to 114.6% over the past 5 years.
Debt Coverage: JINDWORLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JINDWORLD's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/17 14:45 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jindal Worldwide Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CNI Research Limited |
| Bikshapathi A. | FirstCall Research |