Jagatjit Industries Limited

BSE:507155 Stock Report

Market Cap: ₹9.8b

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 ratio0.2x
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.


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