Jeyyam Global Foods Balance Sheet Health
Financial Health criteria checks 4/6
Jeyyam Global Foods has a total shareholder equity of ₹802.2M and total debt of ₹962.1M, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are ₹1.9B and ₹1.1B respectively. Jeyyam Global Foods's EBIT is ₹282.3M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹2.9M.
Key information
119.9%
Debt to equity ratio
₹962.05m
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹2.88m |
| Equity | ₹802.24m |
| Total liabilities | ₹1.12b |
| Total assets | ₹1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEYYAM's short term assets (₹1.3B) exceed its short term liabilities (₹842.2M).
Long Term Liabilities: JEYYAM's short term assets (₹1.3B) exceed its long term liabilities (₹278.2M).
Debt to Equity History and Analysis
Debt Level: JEYYAM's net debt to equity ratio (119.6%) is considered high.
Reducing Debt: JEYYAM's debt to equity ratio has reduced from 176.1% to 119.9% over the past 5 years.
Debt Coverage: JEYYAM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JEYYAM's interest payments on its debt are well covered by EBIT (3.4x coverage).