Jio Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Jio Financial Services has a total shareholder equity of ₹1,371.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1,442.2B and ₹70.8B respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹51.32b |
| Equity | ₹1.37t |
| Total liabilities | ₹70.78b |
| Total assets | ₹1.44t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JIOFIN's short term assets (₹66.1B) exceed its short term liabilities (₹388.7M).
Long Term Liabilities: JIOFIN's short term assets (₹66.1B) do not cover its long term liabilities (₹70.4B).
Debt to Equity History and Analysis
Debt Level: JIOFIN is debt free.
Reducing Debt: JIOFIN has no debt compared to 5 years ago when its debt to equity ratio was 130.6%.
Debt Coverage: JIOFIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JIOFIN has no debt, therefore coverage of interest payments is not a concern.