J.K. Cement Balance Sheet Health
Financial Health criteria checks 4/6
J.K. Cement has a total shareholder equity of ₹54.9B and total debt of ₹56.1B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are ₹153.7B and ₹98.8B respectively. J.K. Cement's EBIT is ₹13.8B making its interest coverage ratio 4.4. It has cash and short-term investments of ₹5.7B.
Key information
102.1%
Debt to equity ratio
₹56.05b
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹5.74b |
| Equity | ₹54.91b |
| Total liabilities | ₹98.84b |
| Total assets | ₹153.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532644's short term assets (₹45.4B) exceed its short term liabilities (₹36.7B).
Long Term Liabilities: 532644's short term assets (₹45.4B) do not cover its long term liabilities (₹62.2B).
Debt to Equity History and Analysis
Debt Level: 532644's net debt to equity ratio (91.6%) is considered high.
Reducing Debt: 532644's debt to equity ratio has reduced from 105.4% to 102.1% over the past 5 years.
Debt Coverage: 532644's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 532644's interest payments on its debt are well covered by EBIT (4.4x coverage).