Jaysynth Orgochem Balance Sheet Health
Financial Health criteria checks 5/6
Jaysynth Orgochem has a total shareholder equity of ₹1.1B and total debt of ₹491.3M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are ₹2.0B and ₹859.7M respectively. Jaysynth Orgochem's EBIT is ₹191.9M making its interest coverage ratio 24.2. It has cash and short-term investments of ₹452.6M.
Key information
44.6%
Debt to equity ratio
₹491.29m
Debt
| Interest coverage ratio | 24.2x |
| Cash | ₹452.56m |
| Equity | ₹1.10b |
| Total liabilities | ₹859.72m |
| Total assets | ₹1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524592's short term assets (₹1.6B) exceed its short term liabilities (₹331.3M).
Long Term Liabilities: 524592's short term assets (₹1.6B) exceed its long term liabilities (₹528.4M).
Debt to Equity History and Analysis
Debt Level: 524592's net debt to equity ratio (3.5%) 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 (13.3%).
Interest Coverage: 524592's interest payments on its debt are well covered by EBIT (24.2x coverage).