Jindal Saw Balance Sheet Health
Financial Health criteria checks 5/6
Jindal Saw has a total shareholder equity of ₹101.3B and total debt of ₹53.1B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ₹211.2B and ₹109.8B respectively. Jindal Saw's EBIT is ₹29.4B making its interest coverage ratio 6.5. It has cash and short-term investments of ₹7.3B.
Key information
52.4%
Debt to equity ratio
₹53.11b
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹7.27b |
| Equity | ₹101.35b |
| Total liabilities | ₹109.81b |
| Total assets | ₹211.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500378's short term assets (₹105.0B) exceed its short term liabilities (₹83.5B).
Long Term Liabilities: 500378's short term assets (₹105.0B) exceed its long term liabilities (₹26.3B).
Debt to Equity History and Analysis
Debt Level: 500378's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: 500378's debt to equity ratio has reduced from 85.3% to 52.4% over the past 5 years.
Debt Coverage: 500378's debt is well covered by operating cash flow (56%).
Interest Coverage: 500378's interest payments on its debt are well covered by EBIT (6.5x coverage).