Jindal Poly Investment and Finance Balance Sheet Health
Financial Health criteria checks 5/6
Jindal Poly Investment and Finance has a total shareholder equity of ₹27.5B and total debt of ₹269.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹28.2B and ₹706.7M respectively. Jindal Poly Investment and Finance's EBIT is ₹369.6M making its interest coverage ratio 24.9. It has cash and short-term investments of ₹300.0K.
Key information
1.0%
Debt to equity ratio
₹269.60m
Debt
| Interest coverage ratio | 24.9x |
| Cash | ₹300.00k |
| Equity | ₹27.45b |
| Total liabilities | ₹706.70m |
| Total assets | ₹28.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 536773's short term assets (₹1.1M) exceed its short term liabilities (₹1,000.0K).
Long Term Liabilities: 536773's short term assets (₹1.1M) do not cover its long term liabilities (₹705.7M).
Debt to Equity History and Analysis
Debt Level: 536773's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 536773 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 536773's debt is well covered by operating cash flow (43.8%).
Interest Coverage: 536773's interest payments on its debt are well covered by EBIT (24.9x coverage).