This company is no longer active
Jindal Stainless (Hisar) Balance Sheet Health
Financial Health criteria checks 6/6
Jindal Stainless (Hisar) has a total shareholder equity of ₹55.0B and total debt of ₹15.6B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are ₹102.7B and ₹47.7B respectively. Jindal Stainless (Hisar)'s EBIT is ₹13.5B making its interest coverage ratio -1260.9. It has cash and short-term investments of ₹5.4B.
Key information
28.4%
Debt to equity ratio
₹15.64b
Debt
| Interest coverage ratio | -1260.9x |
| Cash | ₹5.40b |
| Equity | ₹55.03b |
| Total liabilities | ₹47.68b |
| Total assets | ₹102.70b |
Recent financial health updates
Here's Why Jindal Stainless (Hisar) (NSE:JSLHISAR) Can Manage Its Debt Responsibly
Dec 07
Here's Why Jindal Stainless (Hisar) (NSE:JSLHISAR) Can Manage Its Debt Responsibly
Jun 14Is Jindal Stainless (Hisar) (NSE:JSLHISAR) Using Too Much Debt?
Feb 25Jindal Stainless (Hisar) (NSE:JSLHISAR) Seems To Use Debt Rather Sparingly
Nov 10We Think Jindal Stainless (Hisar) (NSE:JSLHISAR) Can Stay On Top Of Its Debt
May 30Jindal Stainless (Hisar) (NSE:JSLHISAR) Takes On Some Risk With Its Use Of Debt
Dec 22Recent updates
Jindal Stainless (Hisar) (NSE:JSLHISAR) Knows How To Allocate Capital
Dec 25Here's Why Jindal Stainless (Hisar) (NSE:JSLHISAR) Can Manage Its Debt Responsibly
Dec 07Do Jindal Stainless (Hisar)'s (NSE:JSLHISAR) Earnings Warrant Your Attention?
Nov 03With EPS Growth And More, Jindal Stainless (Hisar) (NSE:JSLHISAR) Makes An Interesting Case
Jul 24Here's Why Jindal Stainless (Hisar) (NSE:JSLHISAR) Can Manage Its Debt Responsibly
Jun 14Jindal Stainless (Hisar) (NSE:JSLHISAR) Is Achieving High Returns On Its Capital
May 27Jindal Stainless (Hisar)'s (NSE:JSLHISAR) Earnings Are Of Questionable Quality
May 13Is Jindal Stainless (Hisar) (NSE:JSLHISAR) Using Too Much Debt?
Feb 25Do Jindal Stainless (Hisar)'s (NSE:JSLHISAR) Earnings Warrant Your Attention?
Feb 07We Think Jindal Stainless (Hisar) (NSE:JSLHISAR) Might Have The DNA Of A Multi-Bagger
Jan 17Jindal Stainless (Hisar) (NSE:JSLHISAR) Seems To Use Debt Rather Sparingly
Nov 10Jindal Stainless (Hisar) (NSE:JSLHISAR) Is Aiming To Keep Up Its Impressive Returns
Oct 17With EPS Growth And More, Jindal Stainless (Hisar) (NSE:JSLHISAR) Is Interesting
Aug 20Jindal Stainless (Hisar) (NSE:JSLHISAR) Could Be Struggling To Allocate Capital
Jun 25We Think Jindal Stainless (Hisar) (NSE:JSLHISAR) Can Stay On Top Of Its Debt
May 30Will Jindal Stainless (Hisar) (NSE:JSLHISAR) Multiply In Value Going Forward?
Mar 18How Much Did Jindal Stainless (Hisar)'s (NSE:JSLHISAR) CEO Pocket Last Year?
Feb 25Jindal Stainless (Hisar) Limited (NSE:JSLHISAR) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Feb 07What You Need To Know About Jindal Stainless (Hisar) Limited's (NSE:JSLHISAR) Investor Composition
Jan 12Jindal Stainless (Hisar) (NSE:JSLHISAR) Takes On Some Risk With Its Use Of Debt
Dec 22Jindal Stainless (Hisar) (NSE:JSLHISAR) Shareholders Booked A 72% Gain In The Last Year
Dec 01Should We Be Excited About The Trends Of Returns At Jindal Stainless (Hisar) (NSE:JSLHISAR)?
Nov 10
Jindal Stainless (Hisar) Limited's (NSE:JSLHISAR) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Oct 14Is Jindal Stainless (Hisar) Limited (NSE:JSLHISAR) Popular Amongst Institutions?
Sep 10Investors Continue Waiting On Sidelines For Jindal Stainless (Hisar) Limited (NSE:JSLHISAR)
Aug 19A Look At Jindal Stainless (Hisar)'s (NSE:JSLHISAR) Share Price Returns
Aug 07Cautious Investors Not Rewarding Jindal Stainless (Hisar) Limited's (NSE:JSLHISAR) Performance Completely
Jul 06Financial Position Analysis
Short Term Liabilities: JSLHISAR's short term assets (₹65.8B) exceed its short term liabilities (₹35.7B).
Long Term Liabilities: JSLHISAR's short term assets (₹65.8B) exceed its long term liabilities (₹11.9B).
Debt to Equity History and Analysis
Debt Level: JSLHISAR's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: JSLHISAR's debt to equity ratio has reduced from 226.2% to 28.4% over the past 5 years.
Debt Coverage: JSLHISAR's debt is well covered by operating cash flow (64%).
Interest Coverage: JSLHISAR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/05/30 14:05 |
| End of Day Share Price | 2023/03/08 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Jindal Stainless (Hisar) Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | DBS Bank Ltd |
| Vishal Chandak | Emkay Global Financial Services Ltd. |
| Goutam Chakraborty | Emkay Global Financial Services Ltd. |