Jay Kailash Namkeen Balance Sheet Health
Financial Health criteria checks 4/6
Jay Kailash Namkeen has a total shareholder equity of ₹35.9M and total debt of ₹23.8M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are ₹67.1M and ₹31.2M respectively. Jay Kailash Namkeen's EBIT is ₹11.6M making its interest coverage ratio -187.6. It has cash and short-term investments of ₹21.7M.
Key information
66.4%
Debt to equity ratio
₹23.84m
Debt
Interest coverage ratio | -187.6x |
Cash | ₹21.66m |
Equity | ₹35.92m |
Total liabilities | ₹31.20m |
Total assets | ₹67.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544160's short term assets (₹63.0M) exceed its short term liabilities (₹28.2M).
Long Term Liabilities: 544160's short term assets (₹63.0M) exceed its long term liabilities (₹3.0M).
Debt to Equity History and Analysis
Debt Level: 544160's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544160's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544160's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544160 earns more interest than it pays, so coverage of interest payments is not a concern.