Jaysynth Orgochem Balance Sheet Health
Financial Health criteria checks 5/6
Jaysynth Orgochem has a total shareholder equity of ₹1.2B and total debt of ₹493.4M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are ₹2.0B and ₹859.1M respectively. Jaysynth Orgochem's EBIT is ₹173.5M making its interest coverage ratio -34.9. It has cash and short-term investments of ₹429.7M.
Key information
42.2%
Debt to equity ratio
₹493.42m
Debt
| Interest coverage ratio | -34.9x |
| Cash | ₹429.73m |
| Equity | ₹1.17b |
| Total liabilities | ₹859.11m |
| Total assets | ₹2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524592's short term assets (₹1.7B) exceed its short term liabilities (₹399.8M).
Long Term Liabilities: 524592's short term assets (₹1.7B) exceed its long term liabilities (₹459.3M).
Debt to Equity History and Analysis
Debt Level: 524592's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 524592 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 524592's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: 524592 earns more interest than it pays, so coverage of interest payments is not a concern.