KJMC Financial Services Balance Sheet Health
Financial Health criteria checks 3/6
KJMC Financial Services has a total shareholder equity of ₹1.2B and total debt of ₹70.8M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹1.3B and ₹155.6M respectively. KJMC Financial Services's EBIT is ₹15.4M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹3.6M.
Key information
6.1%
Debt to equity ratio
₹70.78m
Debt
Interest coverage ratio | 2.1x |
Cash | ₹3.58m |
Equity | ₹1.16b |
Total liabilities | ₹155.63m |
Total assets | ₹1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530235's short term assets (₹80.6M) exceed its short term liabilities (₹1.4M).
Long Term Liabilities: 530235's short term assets (₹80.6M) do not cover its long term liabilities (₹154.2M).
Debt to Equity History and Analysis
Debt Level: 530235's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 530235's debt to equity ratio has reduced from 49.2% to 6.1% over the past 5 years.
Debt Coverage: 530235's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530235's interest payments on its debt are not well covered by EBIT (2.1x coverage).