Jyoti Resins and Adhesives Balance Sheet Health
Financial Health criteria checks 6/6
Jyoti Resins and Adhesives has a total shareholder equity of ₹1.9B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹3.1B and ₹1.1B respectively. Jyoti Resins and Adhesives's EBIT is ₹833.1M making its interest coverage ratio -12.5. It has cash and short-term investments of ₹1.4B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -12.5x |
| Cash | ₹1.37b |
| Equity | ₹1.91b |
| Total liabilities | ₹1.15b |
| Total assets | ₹3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514448's short term assets (₹2.6B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 514448's short term assets (₹2.6B) exceed its long term liabilities (₹9.7M).
Debt to Equity History and Analysis
Debt Level: 514448 is debt free.
Reducing Debt: 514448 has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.
Debt Coverage: 514448 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 514448 has no debt, therefore coverage of interest payments is not a concern.