Jayaswal Neco Industries Balance Sheet Health
Financial Health criteria checks 5/6
Jayaswal Neco Industries has a total shareholder equity of ₹22.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹61.0B and ₹38.4B respectively. Jayaswal Neco Industries's EBIT is ₹7.8B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹1.4B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹1.40b |
| Equity | ₹22.63b |
| Total liabilities | ₹38.37b |
| Total assets | ₹61.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522285's short term assets (₹23.7B) exceed its short term liabilities (₹7.5B).
Long Term Liabilities: 522285's short term assets (₹23.7B) do not cover its long term liabilities (₹30.9B).
Debt to Equity History and Analysis
Debt Level: 522285 is debt free.
Reducing Debt: 522285 has no debt compared to 5 years ago when its debt to equity ratio was 562.7%.
Debt Coverage: 522285 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 522285 has no debt, therefore coverage of interest payments is not a concern.