Jaysynth Dyestuff (India) Balance Sheet Health
Financial Health criteria checks 5/6
Jaysynth Dyestuff (India) has a total shareholder equity of ₹1.0B and total debt of ₹26.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹1.3B and ₹315.4M respectively. Jaysynth Dyestuff (India)'s EBIT is ₹103.5M making its interest coverage ratio -30.8. It has cash and short-term investments of ₹271.6M.
Key information
2.6%
Debt to equity ratio
₹25.98m
Debt
Interest coverage ratio | -30.8x |
Cash | ₹271.63m |
Equity | ₹1.01b |
Total liabilities | ₹315.42m |
Total assets | ₹1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506910's short term assets (₹1.2B) exceed its short term liabilities (₹294.8M).
Long Term Liabilities: 506910's short term assets (₹1.2B) exceed its long term liabilities (₹20.6M).
Debt to Equity History and Analysis
Debt Level: 506910 has more cash than its total debt.
Reducing Debt: 506910's debt to equity ratio has increased from 0% to 2.6% over the past 5 years.
Debt Coverage: 506910's debt is well covered by operating cash flow (374.6%).
Interest Coverage: 506910 earns more interest than it pays, so coverage of interest payments is not a concern.