J.K. Cement Balance Sheet Health
Financial Health criteria checks 4/6
J.K. Cement has a total shareholder equity of ₹48.3B and total debt of ₹53.6B, which brings its debt-to-equity ratio to 111%. Its total assets and total liabilities are ₹138.4B and ₹90.1B respectively. J.K. Cement's EBIT is ₹13.1B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹9.3B.
Key information
111.0%
Debt to equity ratio
₹53.59b
Debt
Interest coverage ratio | 3.7x |
Cash | ₹9.33b |
Equity | ₹48.29b |
Total liabilities | ₹90.12b |
Total assets | ₹138.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532644's short term assets (₹39.7B) exceed its short term liabilities (₹31.7B).
Long Term Liabilities: 532644's short term assets (₹39.7B) do not cover its long term liabilities (₹58.5B).
Debt to Equity History and Analysis
Debt Level: 532644's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: 532644's debt to equity ratio has reduced from 118.1% to 111% over the past 5 years.
Debt Coverage: 532644's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 532644's interest payments on its debt are well covered by EBIT (3.7x coverage).