Jumbo Bag Balance Sheet Health
Financial Health criteria checks 4/6
Jumbo Bag has a total shareholder equity of ₹336.0M and total debt of ₹378.9M, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are ₹888.4M and ₹552.4M respectively. Jumbo Bag's EBIT is ₹57.5M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹23.5M.
Key information
112.8%
Debt to equity ratio
₹378.87m
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹23.47m |
| Equity | ₹335.98m |
| Total liabilities | ₹552.42m |
| Total assets | ₹888.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 516078's short term assets (₹570.7M) exceed its short term liabilities (₹469.0M).
Long Term Liabilities: 516078's short term assets (₹570.7M) exceed its long term liabilities (₹83.4M).
Debt to Equity History and Analysis
Debt Level: 516078's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: 516078's debt to equity ratio has reduced from 175.5% to 112.8% over the past 5 years.
Debt Coverage: 516078's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 516078's interest payments on its debt are not well covered by EBIT (2.4x coverage).