Jyothy Labs Balance Sheet Health
Financial Health criteria checks 6/6
Jyothy Labs has a total shareholder equity of ₹18.1B and total debt of ₹505.6M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹24.0B and ₹5.9B respectively. Jyothy Labs's EBIT is ₹4.6B making its interest coverage ratio -25.6. It has cash and short-term investments of ₹6.1B.
Key information
2.8%
Debt to equity ratio
₹505.60m
Debt
| Interest coverage ratio | -25.6x |
| Cash | ₹6.10b |
| Equity | ₹18.10b |
| Total liabilities | ₹5.91b |
| Total assets | ₹24.01b |
Recent financial health updates
These 4 Measures Indicate That Jyothy Labs (NSE:JYOTHYLAB) Is Using Debt Safely
Feb 17
Jyothy Labs (NSE:JYOTHYLAB) Has A Rock Solid Balance Sheet
Aug 30Is Jyothy Labs (NSE:JYOTHYLAB) A Risky Investment?
Mar 17These 4 Measures Indicate That Jyothy Labs (NSE:JYOTHYLAB) Is Using Debt Reasonably Well
Aug 10These 4 Measures Indicate That Jyothy Labs (NSE:JYOTHYLAB) Is Using Debt Safely
Sep 22Jyothy Labs (NSE:JYOTHYLAB) Has A Rock Solid Balance Sheet
Jun 10Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Jyothy Labs (NSE:JYOTHYLAB)
Oct 01Here's Why Jyothy Labs (NSE:JYOTHYLAB) Has Caught The Eye Of Investors
Sep 12Earnings Update: Here's Why Analysts Just Lifted Their Jyothy Labs Limited (NSE:JYOTHYLAB) Price Target To ₹573
Jul 28Jyothy Labs Limited (NSE:JYOTHYLAB) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Jul 26It Looks Like Shareholders Would Probably Approve Jyothy Labs Limited's (NSE:JYOTHYLAB) CEO Compensation Package
Jul 19Jyothy Labs (NSE:JYOTHYLAB) Is Increasing Its Dividend To ₹3.50
Jun 20Jyothy Labs' (NSE:JYOTHYLAB) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 06Jyothy Labs Limited's (NSE:JYOTHYLAB) Share Price Could Signal Some Risk
May 07A Look Into Jyothy Labs' (NSE:JYOTHYLAB) Impressive Returns On Capital
Apr 16Here's Why We Think Jyothy Labs (NSE:JYOTHYLAB) Is Well Worth Watching
Mar 19These 4 Measures Indicate That Jyothy Labs (NSE:JYOTHYLAB) Is Using Debt Safely
Feb 17Jyothy Labs (NSE:JYOTHYLAB) Looks To Prolong Its Impressive Returns
Dec 28With EPS Growth And More, Jyothy Labs (NSE:JYOTHYLAB) Makes An Interesting Case
Dec 07Capital Investment Trends At Jyothy Labs (NSE:JYOTHYLAB) Look Strong
Sep 27Jyothy Labs (NSE:JYOTHYLAB) Has A Rock Solid Balance Sheet
Aug 30Is Now The Time To Put Jyothy Labs (NSE:JYOTHYLAB) On Your Watchlist?
Aug 06Jyothy Labs (NSE:JYOTHYLAB) Is Increasing Its Dividend To ₹3.00
Jun 14Jyothy Labs' (NSE:JYOTHYLAB) Upcoming Dividend Will Be Larger Than Last Year's
May 06Is Jyothy Labs (NSE:JYOTHYLAB) A Risky Investment?
Mar 17Be Wary Of Jyothy Labs (NSE:JYOTHYLAB) And Its Returns On Capital
Dec 22Jyothy Labs Limited's (NSE:JYOTHYLAB) Intrinsic Value Is Potentially 17% Below Its Share Price
Sep 20Returns On Capital At Jyothy Labs (NSE:JYOTHYLAB) Have Hit The Brakes
Aug 28These 4 Measures Indicate That Jyothy Labs (NSE:JYOTHYLAB) Is Using Debt Reasonably Well
Aug 10Be Wary Of Jyothy Labs (NSE:JYOTHYLAB) And Its Returns On Capital
Dec 21These 4 Measures Indicate That Jyothy Labs (NSE:JYOTHYLAB) Is Using Debt Safely
Sep 22Calculating The Intrinsic Value Of Jyothy Labs Limited (NSE:JYOTHYLAB)
Aug 23Jyothy Labs Limited's (NSE:JYOTHYLAB) CEO Will Probably Find It Hard To See A Huge Raise This Year
Jul 23The Returns At Jyothy Labs (NSE:JYOTHYLAB) Aren't Growing
Jul 02Jyothy Labs (NSE:JYOTHYLAB) Has A Rock Solid Balance Sheet
Jun 10We Think Jyothy Labs' (NSE:JYOTHYLAB) Healthy Earnings Might Be Conservative
May 25Jyothy Labs Limited (NSE:JYOTHYLAB) Shares Could Be 31% Above Their Intrinsic Value Estimate
Mar 28Will Jyothy Labs' (NSE:JYOTHYLAB) Growth In ROCE Persist?
Mar 15Is Jyothy Labs (NSE:JYOTHYLAB) Using Too Much Debt?
Feb 28Could The Jyothy Labs Limited (NSE:JYOTHYLAB) Ownership Structure Tell Us Something Useful?
Jan 29Jyothy Labs Limited (NSE:JYOTHYLAB) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Jan 29Do Its Financials Have Any Role To Play In Driving Jyothy Labs Limited's (NSE:JYOTHYLAB) Stock Up Recently?
Jan 14
Here’s What’s Happening With Returns At Jyothy Labs (NSE:JYOTHYLAB)
Dec 11We Think Jyothy Labs (NSE:JYOTHYLAB) Can Stay On Top Of Its Debt
Nov 24Jyothy Labs Limited Just Missed Earnings - But Analysts Have Updated Their Models
Nov 06Key Things To Consider Before Buying Jyothy Labs Limited (NSE:JYOTHYLAB) For Its Dividend
Oct 26Jyothy Labs Limited's (NSE:JYOTHYLAB) Stock Is Going Strong: Have Financials A Role To Play?
Oct 05Financial Position Analysis
Short Term Liabilities: JYOTHYLAB's short term assets (₹11.4B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: JYOTHYLAB's short term assets (₹11.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: JYOTHYLAB has more cash than its total debt.
Reducing Debt: JYOTHYLAB's debt to equity ratio has reduced from 22.3% to 2.8% over the past 5 years.
Debt Coverage: JYOTHYLAB's debt is well covered by operating cash flow (905.7%).
Interest Coverage: JYOTHYLAB earns more interest than it pays, so coverage of interest payments is not a concern.