JM Financial Balance Sheet Health
Financial Health criteria checks 4/6
JM Financial has a total shareholder equity of ₹110.6B and total debt of ₹162.3B, which brings its debt-to-equity ratio to 146.8%. Its total assets and total liabilities are ₹297.6B and ₹187.1B respectively.
Key information
146.8%
Debt to equity ratio
₹162.28b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹90.61b |
| Equity | ₹110.56b |
| Total liabilities | ₹187.08b |
| Total assets | ₹297.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523405's short term assets (₹202.2B) exceed its short term liabilities (₹75.2B).
Long Term Liabilities: 523405's short term assets (₹202.2B) exceed its long term liabilities (₹111.9B).
Debt to Equity History and Analysis
Debt Level: 523405's net debt to equity ratio (64.8%) is considered high.
Reducing Debt: 523405's debt to equity ratio has reduced from 180.2% to 146.8% over the past 5 years.
Debt Coverage: 523405's debt is well covered by operating cash flow (22.4%).
Interest Coverage: Insufficient data to determine if 523405's interest payments on its debt are well covered by EBIT.