Jindal Saw Balance Sheet Health
Financial Health criteria checks 5/6
Jindal Saw has a total shareholder equity of ₹101.3B and total debt of ₹53.1B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ₹211.2B and ₹109.8B respectively. Jindal Saw's EBIT is ₹29.4B making its interest coverage ratio 6.5. It has cash and short-term investments of ₹7.3B.
Key information
52.4%
Debt to equity ratio
₹53.11b
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹7.27b |
| Equity | ₹101.35b |
| Total liabilities | ₹109.81b |
| Total assets | ₹211.16b |
Recent financial health updates
Is Jindal Saw (NSE:JINDALSAW) Using Too Much Debt?
Nov 03
Is Jindal Saw (NSE:JINDALSAW) A Risky Investment?
Jun 28Is Jindal Saw (NSE:JINDALSAW) A Risky Investment?
Feb 24Jindal Saw (NSE:JINDALSAW) Has A Pretty Healthy Balance Sheet
Sep 14Is Jindal Saw (NSE:JINDALSAW) Using Too Much Debt?
Jun 06Recent updates
Is Jindal Saw (NSE:JINDALSAW) Using Too Much Debt?
Nov 03We Ran A Stock Scan For Earnings Growth And Jindal Saw (NSE:JINDALSAW) Passed With Ease
Sep 16Jindal Saw Limited's (NSE:JINDALSAW) Shares Bounce 26% But Its Business Still Trails The Market
Aug 23Why The 22% Return On Capital At Jindal Saw (NSE:JINDALSAW) Should Have Your Attention
Aug 14Jindal Saw Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 02Is Jindal Saw (NSE:JINDALSAW) A Risky Investment?
Jun 28Jindal Saw's (NSE:JINDALSAW) Dividend Will Be Increased To ₹4.00
May 25Jindal Saw's (NSE:JINDALSAW) Shareholders Will Receive A Bigger Dividend Than Last Year
May 11Is Now The Time To Put Jindal Saw (NSE:JINDALSAW) On Your Watchlist?
Apr 29Jindal Saw Limited (NSE:JINDALSAW) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Apr 13Jindal Saw (NSE:JINDALSAW) Could Become A Multi-Bagger
Apr 02Is Jindal Saw (NSE:JINDALSAW) A Risky Investment?
Feb 24Does This Valuation Of Jindal Saw Limited (NSE:JINDALSAW) Imply Investors Are Overpaying?
Feb 11Jindal Saw Limited (NSE:JINDALSAW) Held Back By Insufficient Growth Even After Shares Climb 26%
Jan 30Results: Jindal Saw Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jan 20Here's Why We Think Jindal Saw (NSE:JINDALSAW) Is Well Worth Watching
Dec 26Jindal Saw (NSE:JINDALSAW) Might Have The Makings Of A Multi-Bagger
Nov 01Calculating The Intrinsic Value Of Jindal Saw Limited (NSE:JINDALSAW)
Oct 04Jindal Saw (NSE:JINDALSAW) Has A Pretty Healthy Balance Sheet
Sep 14Is Now The Time To Put Jindal Saw (NSE:JINDALSAW) On Your Watchlist?
Sep 01Jindal Saw (NSE:JINDALSAW) Might Have The Makings Of A Multi-Bagger
Jul 22Is Jindal Saw (NSE:JINDALSAW) Using Too Much Debt?
Jun 06Jindal Saw (NSE:JINDALSAW) Is Experiencing Growth In Returns On Capital
Apr 08Industry Analysts Just Upgraded Their Jindal Saw Limited (NSE:JINDALSAW) Revenue Forecasts By 22%
Feb 01Jindal Saw (NSE:JINDALSAW) Hasn't Managed To Accelerate Its Returns
Jan 02Jindal Saw Limited (NSE:JINDALSAW) Shares Could Be 21% Below Their Intrinsic Value Estimate
Dec 15We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Jindal Saw Limited's (NSE:JINDALSAW) CEO For Now
Sep 21Financial Position Analysis
Short Term Liabilities: JINDALSAW's short term assets (₹105.0B) exceed its short term liabilities (₹83.5B).
Long Term Liabilities: JINDALSAW's short term assets (₹105.0B) exceed its long term liabilities (₹26.3B).
Debt to Equity History and Analysis
Debt Level: JINDALSAW's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: JINDALSAW's debt to equity ratio has reduced from 85.3% to 52.4% over the past 5 years.
Debt Coverage: JINDALSAW's debt is well covered by operating cash flow (56%).
Interest Coverage: JINDALSAW's interest payments on its debt are well covered by EBIT (6.5x coverage).