Jindal Drilling & Industries Balance Sheet Health
Financial Health criteria checks 5/6
Jindal Drilling & Industries has a total shareholder equity of ₹14.4B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ₹20.7B and ₹6.4B respectively. Jindal Drilling & Industries's EBIT is ₹1.1B making its interest coverage ratio -20.6. It has cash and short-term investments of ₹1.2B.
Key information
14.1%
Debt to equity ratio
₹2.02b
Debt
| Interest coverage ratio | -20.6x |
| Cash | ₹1.20b |
| Equity | ₹14.36b |
| Total liabilities | ₹6.38b |
| Total assets | ₹20.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511034's short term assets (₹6.1B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: 511034's short term assets (₹6.1B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 511034's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: 511034's debt to equity ratio has reduced from 25.5% to 14.1% over the past 5 years.
Debt Coverage: 511034's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511034 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 01:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jindal Drilling & Industries Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anil Burra | FirstCall Research |