Jindal Saw Balance Sheet Health
Financial Health criteria checks 5/6
Jindal Saw has a total shareholder equity of ₹93.7B and total debt of ₹55.9B, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are ₹210.2B and ₹116.5B respectively. Jindal Saw's EBIT is ₹26.2B making its interest coverage ratio 5.4. It has cash and short-term investments of ₹8.9B.
Key information
59.6%
Debt to equity ratio
₹55.87b
Debt
Interest coverage ratio | 5.4x |
Cash | ₹8.95b |
Equity | ₹93.67b |
Total liabilities | ₹116.54b |
Total assets | ₹210.22b |
Recent financial health updates
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) 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 21Returns At Jindal Saw (NSE:JINDALSAW) Are On The Way Up
Apr 07Revenue Beat: Jindal Saw Limited Beat Analyst Estimates By 17%
Feb 04I Built A List Of Growing Companies And Jindal Saw (NSE:JINDALSAW) Made The Cut
Oct 25We Think Some Shareholders May Hesitate To Increase Jindal Saw Limited's (NSE:JINDALSAW) CEO Compensation
Jul 09Calculating The Fair Value Of Jindal Saw Limited (NSE:JINDALSAW)
Jun 30Financial Position Analysis
Short Term Liabilities: JINDALSAW's short term assets (₹103.0B) exceed its short term liabilities (₹83.3B).
Long Term Liabilities: JINDALSAW's short term assets (₹103.0B) exceed its long term liabilities (₹33.3B).
Debt to Equity History and Analysis
Debt Level: JINDALSAW's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: JINDALSAW's debt to equity ratio has reduced from 95.9% to 59.6% over the past 5 years.
Debt Coverage: JINDALSAW's debt is well covered by operating cash flow (46.4%).
Interest Coverage: JINDALSAW's interest payments on its debt are well covered by EBIT (5.4x coverage).