Jindal Photo Balance Sheet Health
Financial Health criteria checks 3/6
Jindal Photo has a total shareholder equity of ₹20.7B and total debt of ₹690.0M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ₹21.6B and ₹885.4M respectively. Jindal Photo's EBIT is ₹86.0M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹200.0K.
Key information
3.3%
Debt to equity ratio
₹690.00m
Debt
Interest coverage ratio | 3.4x |
Cash | ₹200.00k |
Equity | ₹20.72b |
Total liabilities | n/a |
Total assets | ₹21.60b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Insufficient data to determine if JINDALPHOT's short term assets cover its short term liabilities.
Long Term Liabilities: JINDALPHOT's short term assets (₹577.9M) do not cover its long term liabilities (₹885.4M).
Debt to Equity History and Analysis
Debt Level: JINDALPHOT's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: JINDALPHOT's debt to equity ratio has reduced from 85.8% to 3.3% over the past 5 years.
Debt Coverage: JINDALPHOT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JINDALPHOT's interest payments on its debt are well covered by EBIT (3.4x coverage).