Jai Balaji Industries Balance Sheet Health
Financial Health criteria checks 6/6
Jai Balaji Industries has a total shareholder equity of ₹19.3B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ₹37.6B and ₹18.3B respectively. Jai Balaji Industries's EBIT is ₹9.7B making its interest coverage ratio 18.6. It has cash and short-term investments of ₹856.9M.
Key information
22.4%
Debt to equity ratio
₹4.31b
Debt
| Interest coverage ratio | 18.6x |
| Cash | ₹856.90m |
| Equity | ₹19.28b |
| Total liabilities | ₹18.30b |
| Total assets | ₹37.58b |
Recent financial health updates
Does Jai Balaji Industries (NSE:JAIBALAJI) Have A Healthy Balance Sheet?
Mar 04
Jai Balaji Industries (NSE:JAIBALAJI) Has A Rock Solid Balance Sheet
Oct 26These 4 Measures Indicate That Jai Balaji Industries (NSE:JAIBALAJI) Is Using Debt Extensively
Jul 12Recent updates
We Believe Jai Balaji Industries' (NSE:JAIBALAJI) Earnings Are A Poor Guide For Its Profitability
Nov 20Does Jai Balaji Industries (NSE:JAIBALAJI) Deserve A Spot On Your Watchlist?
Nov 05Sentiment Still Eluding Jai Balaji Industries Limited (NSE:JAIBALAJI)
Oct 01Here's Why Jai Balaji Industries (NSE:JAIBALAJI) Has Caught The Eye Of Investors
Jul 20Jai Balaji Industries Limited (NSE:JAIBALAJI) Not Flying Under The Radar
Jun 29Returns on Capital Paint A Bright Future For Jai Balaji Industries (NSE:JAIBALAJI)
Jun 10Estimating The Intrinsic Value Of Jai Balaji Industries Limited (NSE:JAIBALAJI)
May 21Additional Considerations Required While Assessing Jai Balaji Industries' (NSE:JAIBALAJI) Strong Earnings
May 03Jai Balaji Industries Limited (NSE:JAIBALAJI) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 25Does Jai Balaji Industries (NSE:JAIBALAJI) Have A Healthy Balance Sheet?
Mar 04Why We Like The Returns At Jai Balaji Industries (NSE:JAIBALAJI)
Feb 11Jai Balaji Industries Limited's (NSE:JAIBALAJI) 29% Price Boost Is Out Of Tune With Earnings
Dec 20Here's Why We Think Jai Balaji Industries (NSE:JAIBALAJI) Might Deserve Your Attention Today
Dec 14Jai Balaji Industries (NSE:JAIBALAJI) Has A Rock Solid Balance Sheet
Oct 26Investors Should Be Encouraged By Jai Balaji Industries' (NSE:JAIBALAJI) Returns On Capital
Oct 08Do Jai Balaji Industries' (NSE:JAIBALAJI) Earnings Warrant Your Attention?
Aug 30These 4 Measures Indicate That Jai Balaji Industries (NSE:JAIBALAJI) Is Using Debt Extensively
Jul 12Earnings Working Against Jai Balaji Industries Limited's (NSE:JAIBALAJI) Share Price
Sep 27We Think Jai Balaji Industries' (NSE:JAIBALAJI) Profit Is Only A Baseline For What They Can Achieve
Nov 22Did The Underlying Business Drive Jai Balaji Industries' (NSE:JAIBALAJI) Lovely 346% Share Price Gain?
Mar 05Financial Position Analysis
Short Term Liabilities: JAIBALAJI's short term assets (₹18.6B) exceed its short term liabilities (₹15.3B).
Long Term Liabilities: JAIBALAJI's short term assets (₹18.6B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: JAIBALAJI's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: JAIBALAJI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JAIBALAJI's debt is well covered by operating cash flow (161.8%).
Interest Coverage: JAIBALAJI's interest payments on its debt are well covered by EBIT (18.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jai Balaji Industries Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Centrum Broking Limited |
| Sanjay Jain | Motilal Oswal Securities Ltd. |
| Rahhul Aggarwal | Pioneer Investcorp Limited |