Jindal Poly Investment and Finance Balance Sheet Health
Financial Health criteria checks 4/6
Jindal Poly Investment and Finance has a total shareholder equity of ₹26.5B and total debt of ₹269.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹27.2B and ₹685.3M respectively. Jindal Poly Investment and Finance's EBIT is ₹357.3M making its interest coverage ratio 24. It has cash and short-term investments of ₹395.0K.
Key information
1.0%
Debt to equity ratio
₹269.60m
Debt
Interest coverage ratio | 24x |
Cash | ₹395.00k |
Equity | ₹26.52b |
Total liabilities | ₹685.26m |
Total assets | ₹27.21b |
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 23Jindal 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 (₹781.0K) exceed its short term liabilities (₹251.0K).
Long Term Liabilities: JPOLYINVST's short term assets (₹781.0K) do not cover its long term liabilities (₹685.0M).
Debt to Equity History and Analysis
Debt Level: JPOLYINVST's net debt to equity ratio (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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JPOLYINVST's interest payments on its debt are well covered by EBIT (24x coverage).