JK Paper Balance Sheet Health
Financial Health criteria checks 6/6
JK Paper has a total shareholder equity of ₹47.5B and total debt of ₹24.8B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are ₹92.1B and ₹44.7B respectively. JK Paper's EBIT is ₹15.6B making its interest coverage ratio 9.8. It has cash and short-term investments of ₹13.7B.
Key information
52.3%
Debt to equity ratio
₹24.82b
Debt
Interest coverage ratio | 9.8x |
Cash | ₹13.68b |
Equity | ₹47.47b |
Total liabilities | ₹44.67b |
Total assets | ₹92.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532162's short term assets (₹30.5B) exceed its short term liabilities (₹15.7B).
Long Term Liabilities: 532162's short term assets (₹30.5B) exceed its long term liabilities (₹29.0B).
Debt to Equity History and Analysis
Debt Level: 532162's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 532162's debt to equity ratio has reduced from 75.2% to 52.3% over the past 5 years.
Debt Coverage: 532162's debt is well covered by operating cash flow (75.1%).
Interest Coverage: 532162's interest payments on its debt are well covered by EBIT (9.8x coverage).