Jayaswal Neco Industries Balance Sheet Health
Financial Health criteria checks 3/6
Jayaswal Neco Industries has a total shareholder equity of ₹22.0B and total debt of ₹31.4B, which brings its debt-to-equity ratio to 142.9%. Its total assets and total liabilities are ₹59.6B and ₹37.7B respectively. Jayaswal Neco Industries's EBIT is ₹5.9B making its interest coverage ratio 1.1. It has cash and short-term investments of ₹1.6B.
Key information
142.9%
Debt to equity ratio
₹31.37b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹1.61b |
| Equity | ₹21.95b |
| Total liabilities | ₹37.65b |
| Total assets | ₹59.61b |
Recent financial health updates
Is Jayaswal Neco Industries (NSE:JAYNECOIND) A Risky Investment?
Mar 01
Jayaswal Neco Industries (NSE:JAYNECOIND) Has A Somewhat Strained Balance Sheet
Sep 05Does Jayaswal Neco Industries (NSE:JAYNECOIND) Have A Healthy Balance Sheet?
Jul 08Recent updates
Some Investors May Be Willing To Look Past Jayaswal Neco Industries' (NSE:JAYNECOIND) Soft Earnings
Nov 03There Is A Reason Jayaswal Neco Industries Limited's (NSE:JAYNECOIND) Price Is Undemanding
Oct 25Jayaswal Neco Industries (NSE:JAYNECOIND) Is Experiencing Growth In Returns On Capital
Sep 12Under The Bonnet, Jayaswal Neco Industries' (NSE:JAYNECOIND) Returns Look Impressive
Apr 27Is Jayaswal Neco Industries (NSE:JAYNECOIND) A Risky Investment?
Mar 01A Piece Of The Puzzle Missing From Jayaswal Neco Industries Limited's (NSE:JAYNECOIND) 26% Share Price Climb
Feb 09Investors Should Be Encouraged By Jayaswal Neco Industries' (NSE:JAYNECOIND) Returns On Capital
Nov 21Why We Think The CEO Of Jayaswal Neco Industries Limited (NSE:JAYNECOIND) May Soon See A Pay Rise
Sep 20Jayaswal Neco Industries (NSE:JAYNECOIND) Has A Somewhat Strained Balance Sheet
Sep 05We Think Jayaswal Neco Industries (NSE:JAYNECOIND) Might Have The DNA Of A Multi-Bagger
Aug 09Potential Upside For Jayaswal Neco Industries Limited (NSE:JAYNECOIND) Not Without Risk
Jul 18Here's Why We Think Jayaswal Neco Industries (NSE:JAYNECOIND) Is Well Worth Watching
Dec 17This Is The Reason Why We Think Jayaswal Neco Industries Limited's (NSE:JAYNECOIND) CEO Might Be Underpaid
Sep 23Jayaswal Neco Industries (NSE:JAYNECOIND) Is Looking To Continue Growing Its Returns On Capital
Sep 21Does Jayaswal Neco Industries (NSE:JAYNECOIND) Have A Healthy Balance Sheet?
Jul 08There's Been No Shortage Of Growth Recently For Jayaswal Neco Industries' (NSE:JAYNECOIND) Returns On Capital
Jun 03It May Be Possible That Jayaswal Neco Industries Limited's (NSE:JAYNECOIND) CEO Compensation Could Get Bumped Up
Dec 23We Think Jayaswal Neco Industries' (NSE:JAYNECOIND) Profit Is Only A Baseline For What They Can Achieve
Nov 18A Look At The Intrinsic Value Of Jayaswal Neco Industries Limited (NSE:JAYNECOIND)
Jul 02Estimating The Fair Value Of Jayaswal Neco Industries Limited (NSE:JAYNECOIND)
Mar 16The Jayaswal Neco Industries (NSE:JAYNECOIND) Share Price Is Up 58% And Shareholders Are Holding On
Jan 22How Is Jayaswal Neco Industries' (NSE:JAYNECOIND) CEO Paid Relative To Peers?
Nov 30Financial Position Analysis
Short Term Liabilities: JAYNECOIND's short term assets (₹21.5B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: JAYNECOIND's short term assets (₹21.5B) do not cover its long term liabilities (₹28.7B).
Debt to Equity History and Analysis
Debt Level: JAYNECOIND's net debt to equity ratio (135.6%) is considered high.
Reducing Debt: JAYNECOIND's debt to equity ratio has reduced from 1219.2% to 142.9% over the past 5 years.
Debt Coverage: JAYNECOIND's debt is well covered by operating cash flow (31.2%).
Interest Coverage: JAYNECOIND's interest payments on its debt are not well covered by EBIT (1.1x coverage).