Jeyyam Global Foods Balance Sheet Health
Financial Health criteria checks 5/6
Jeyyam Global Foods has a total shareholder equity of ₹1.6B and total debt of ₹776.4M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ₹2.5B and ₹926.1M respectively. Jeyyam Global Foods's EBIT is ₹317.1M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹401.8M.
Key information
49.7%
Debt to equity ratio
₹776.36m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹401.81m |
| Equity | ₹1.56b |
| Total liabilities | ₹926.07m |
| Total assets | ₹2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEYYAM's short term assets (₹1.7B) exceed its short term liabilities (₹606.5M).
Long Term Liabilities: JEYYAM's short term assets (₹1.7B) exceed its long term liabilities (₹319.5M).
Debt to Equity History and Analysis
Debt Level: JEYYAM's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: JEYYAM's debt to equity ratio has reduced from 144.1% to 49.7% 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 (3.1x coverage).