Jaykay Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Jaykay Enterprises has a total shareholder equity of ₹1.9B and total debt of ₹625.2M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are ₹2.9B and ₹1.1B respectively. Jaykay Enterprises's EBIT is ₹87.3M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹654.2M.
Key information
33.4%
Debt to equity ratio
₹625.18m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹654.21m |
Equity | ₹1.87b |
Total liabilities | ₹1.07b |
Total assets | ₹2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500306's short term assets (₹1.6B) exceed its short term liabilities (₹628.5M).
Long Term Liabilities: 500306's short term assets (₹1.6B) exceed its long term liabilities (₹438.0M).
Debt to Equity History and Analysis
Debt Level: 500306 has more cash than its total debt.
Reducing Debt: 500306's debt to equity ratio has increased from 1% to 33.4% over the past 5 years.
Debt Coverage: 500306's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500306's interest payments on its debt are not well covered by EBIT (2.4x coverage).