J.G. Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
J.G. Chemicals has a total shareholder equity of ₹4.4B and total debt of ₹128.8M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹4.8B and ₹318.6M respectively. J.G. Chemicals's EBIT is ₹704.4M making its interest coverage ratio 86.6. It has cash and short-term investments of ₹1.6B.
Key information
2.9%
Debt to equity ratio
₹128.76m
Debt
| Interest coverage ratio | 86.6x |
| Cash | ₹1.64b |
| Equity | ₹4.45b |
| Total liabilities | ₹318.56m |
| Total assets | ₹4.77b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JGCHEM's short term assets (₹4.2B) exceed its short term liabilities (₹307.1M).
Long Term Liabilities: JGCHEM's short term assets (₹4.2B) exceed its long term liabilities (₹11.5M).
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 (93.1%).
Interest Coverage: JGCHEM's interest payments on its debt are well covered by EBIT (86.6x coverage).