Jagatjit Industries Balance Sheet Health
Financial Health criteria checks 0/6
Jagatjit Industries has a total shareholder equity of ₹650.6M and total debt of ₹3.7B, which brings its debt-to-equity ratio to 572.6%. Its total assets and total liabilities are ₹7.0B and ₹6.4B respectively. Jagatjit Industries's EBIT is ₹61.2M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹120.4M.
Key information
572.6%
Debt to equity ratio
₹3.73b
Debt
Interest coverage ratio | 0.2x |
Cash | ₹120.40m |
Equity | ₹650.60m |
Total liabilities | ₹6.36b |
Total assets | ₹7.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507155's short term assets (₹1.5B) do not cover its short term liabilities (₹2.1B).
Long Term Liabilities: 507155's short term assets (₹1.5B) do not cover its long term liabilities (₹4.3B).
Debt to Equity History and Analysis
Debt Level: 507155's net debt to equity ratio (554.1%) is considered high.
Reducing Debt: 507155's debt to equity ratio has increased from 290% to 572.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 507155 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 507155 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.