J.G. Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
J.G. Chemicals has a total shareholder equity of ₹4.1B and total debt of ₹137.8M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹4.5B and ₹434.7M respectively. J.G. Chemicals's EBIT is ₹485.4M making its interest coverage ratio 13.4. It has cash and short-term investments of ₹1.8B.
Key information
3.4%
Debt to equity ratio
₹137.76m
Debt
Interest coverage ratio | 13.4x |
Cash | ₹1.79b |
Equity | ₹4.06b |
Total liabilities | ₹434.74m |
Total assets | ₹4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JGCHEM's short term assets (₹3.9B) exceed its short term liabilities (₹394.5M).
Long Term Liabilities: JGCHEM's short term assets (₹3.9B) exceed its long term liabilities (₹40.2M).
Debt to Equity History and Analysis
Debt Level: JGCHEM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if JGCHEM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JGCHEM's debt is well covered by operating cash flow (551.5%).
Interest Coverage: JGCHEM's interest payments on its debt are well covered by EBIT (13.4x coverage).