Jain Marmo Industries Balance Sheet Health
Financial Health criteria checks 4/6
Jain Marmo Industries has a total shareholder equity of ₹36.8M and total debt of ₹13.1M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are ₹59.4M and ₹22.5M respectively.
Key information
35.6%
Debt to equity ratio
₹13.10m
Debt
Interest coverage ratio | n/a |
Cash | ₹204.00k |
Equity | ₹36.83m |
Total liabilities | ₹22.52m |
Total assets | ₹59.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539119's short term assets (₹46.1M) exceed its short term liabilities (₹18.2M).
Long Term Liabilities: 539119's short term assets (₹46.1M) exceed its long term liabilities (₹4.3M).
Debt to Equity History and Analysis
Debt Level: 539119's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 539119's debt to equity ratio has reduced from 71.4% to 35.6% over the past 5 years.
Debt Coverage: 539119's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 539119's interest payments on its debt are well covered by EBIT.