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 ₹24.5B and total debt of ₹269.6M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹25.2B and ₹669.7M respectively. Jindal Poly Investment and Finance's EBIT is ₹3.5B making its interest coverage ratio 11.3. It has cash and short-term investments of ₹169.0K.
Key information
1.1%
Debt to equity ratio
₹269.60m
Debt
| Interest coverage ratio | 11.3x |
| Cash | ₹169.00k |
| Equity | ₹24.53b |
| Total liabilities | ₹669.71m |
| Total assets | ₹25.20b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Jindal Poly Investment and Finance (NSE:JPOLYINVST) On Your Watchlist?
Apr 23
Jindal Poly Investment and Finance Company Limited (NSE:JPOLYINVST) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Feb 21Jindal Poly Investment and Finance Company Limited (NSE:JPOLYINVST) Shares Fly 26% But Investors Aren't Buying For Growth
Apr 14Should You Be Adding Jindal Poly Investment and Finance (NSE:JPOLYINVST) To Your Watchlist Today?
Aug 25Financial Position Analysis
Short Term Liabilities: JPOLYINVST's short term assets (₹2.8M) exceed its short term liabilities (₹416.0K).
Long Term Liabilities: JPOLYINVST's short term assets (₹2.8M) do not cover its long term liabilities (₹669.3M).
Debt to Equity History and Analysis
Debt Level: JPOLYINVST's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: JPOLYINVST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JPOLYINVST's debt is well covered by operating cash flow (1995.6%).
Interest Coverage: JPOLYINVST's interest payments on its debt are well covered by EBIT (11.3x coverage).