G-Tec Jainx Education Balance Sheet Health
Financial Health criteria checks 4/6
G-Tec Jainx Education has a total shareholder equity of ₹51.9M and total debt of ₹5.0M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ₹70.3M and ₹18.4M respectively. G-Tec Jainx Education's EBIT is ₹8.8M making its interest coverage ratio -86.7. It has cash and short-term investments of ₹7.7M.
Key information
9.6%
Debt to equity ratio
₹5.00m
Debt
Interest coverage ratio | -86.7x |
Cash | ₹7.65m |
Equity | ₹51.92m |
Total liabilities | ₹18.39m |
Total assets | ₹70.30m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GTECJAINX's short term assets (₹52.2M) exceed its short term liabilities (₹13.4M).
Long Term Liabilities: GTECJAINX's short term assets (₹52.2M) exceed its long term liabilities (₹5.0M).
Debt to Equity History and Analysis
Debt Level: GTECJAINX has more cash than its total debt.
Reducing Debt: GTECJAINX's debt to equity ratio has increased from 0.04% to 9.6% over the past 5 years.
Debt Coverage: GTECJAINX's debt is not well covered by operating cash flow (5%).
Interest Coverage: GTECJAINX earns more interest than it pays, so coverage of interest payments is not a concern.