Jindal Hotels Balance Sheet Health
Financial Health criteria checks 1/6
Jindal Hotels has a total shareholder equity of ₹176.6M and total debt of ₹569.0M, which brings its debt-to-equity ratio to 322.1%. Its total assets and total liabilities are ₹838.5M and ₹661.9M respectively. Jindal Hotels's EBIT is ₹58.0M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹17.4M.
Key information
322.1%
Debt to equity ratio
₹569.01m
Debt
Interest coverage ratio | 1.2x |
Cash | ₹17.35m |
Equity | ₹176.64m |
Total liabilities | ₹661.85m |
Total assets | ₹838.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507981's short term assets (₹119.7M) exceed its short term liabilities (₹119.6M).
Long Term Liabilities: 507981's short term assets (₹119.7M) do not cover its long term liabilities (₹542.2M).
Debt to Equity History and Analysis
Debt Level: 507981's net debt to equity ratio (312.3%) is considered high.
Reducing Debt: 507981's debt to equity ratio has increased from 220.5% to 322.1% over the past 5 years.
Debt Coverage: 507981's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: 507981's interest payments on its debt are not well covered by EBIT (1.2x coverage).