Jai Balaji Industries Balance Sheet Health
Financial Health criteria checks 6/6
Jai Balaji Industries has a total shareholder equity of ₹15.0B and total debt of ₹4.7B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are ₹33.5B and ₹18.5B respectively. Jai Balaji Industries's EBIT is ₹8.2B making its interest coverage ratio 11.3. It has cash and short-term investments of ₹909.8M.
Key information
31.4%
Debt to equity ratio
₹4.72b
Debt
| Interest coverage ratio | 11.3x |
| Cash | ₹909.77m |
| Equity | ₹15.04b |
| Total liabilities | ₹18.50b |
| Total assets | ₹33.54b |
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
Here'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 (₹15.1B) exceed its short term liabilities (₹15.0B).
Long Term Liabilities: JAIBALAJI's short term assets (₹15.1B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: JAIBALAJI's net debt to equity ratio (25.3%) 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 (177.8%).
Interest Coverage: JAIBALAJI's interest payments on its debt are well covered by EBIT (11.3x coverage).