Jindal Capital Balance Sheet Health
Financial Health criteria checks 6/6
Jindal Capital has a total shareholder equity of ₹96.5M and total debt of ₹19.0M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ₹117.1M and ₹20.7M respectively. Jindal Capital's EBIT is ₹9.1M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹1.3M.
Key information
19.6%
Debt to equity ratio
₹18.95m
Debt
Interest coverage ratio | 4.2x |
Cash | ₹1.25m |
Equity | ₹96.45m |
Total liabilities | ₹20.68m |
Total assets | ₹117.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530405's short term assets (₹112.1M) exceed its short term liabilities (₹768.0K).
Long Term Liabilities: 530405's short term assets (₹112.1M) exceed its long term liabilities (₹19.9M).
Debt to Equity History and Analysis
Debt Level: 530405's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 530405's debt to equity ratio has reduced from 21.9% to 19.6% over the past 5 years.
Debt Coverage: 530405's debt is well covered by operating cash flow (111.3%).
Interest Coverage: 530405's interest payments on its debt are well covered by EBIT (4.2x coverage).