Jubilant Industries Balance Sheet Health
Financial Health criteria checks 5/6
Jubilant Industries has a total shareholder equity of ₹2.3B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are ₹7.2B and ₹4.9B respectively. Jubilant Industries's EBIT is ₹1.0B making its interest coverage ratio 5.9. It has cash and short-term investments of ₹118.8M.
Key information
78.5%
Debt to equity ratio
₹1.83b
Debt
| Interest coverage ratio | 5.9x |
| Cash | ₹118.80m |
| Equity | ₹2.33b |
| Total liabilities | ₹4.88b |
| Total assets | ₹7.21b |
Recent financial health updates
Is Jubilant Industries (NSE:JUBLINDS) Using Too Much Debt?
Mar 14
Does Jubilant Industries (NSE:JUBLINDS) Have A Healthy Balance Sheet?
Jun 16Does Jubilant Industries (NSE:JUBLINDS) Have A Healthy Balance Sheet?
Dec 26Jubilant Industries (NSE:JUBLINDS) Has A Pretty Healthy Balance Sheet
Jun 21We Think Jubilant Industries (NSE:JUBLINDS) Can Stay On Top Of Its Debt
Dec 07Does Jubilant Industries (NSE:JUBLINDS) Have A Healthy Balance Sheet?
Jul 14Recent updates
Is Jubilant Industries (NSE:JUBLINDS) Using Too Much Debt?
Mar 14Jubilant Industries Limited's (NSE:JUBLINDS) 47% Share Price Surge Not Quite Adding Up
Feb 15Shareholders Would Enjoy A Repeat Of Jubilant Industries' (NSE:JUBLINDS) Recent Growth In Returns
Feb 13Jubilant Industries (NSE:JUBLINDS) Is Achieving High Returns On Its Capital
Nov 02We Think Jubilant Industries (NSE:JUBLINDS) Might Have The DNA Of A Multi-Bagger
Aug 03Does Jubilant Industries (NSE:JUBLINDS) Have A Healthy Balance Sheet?
Jun 16Does Jubilant Industries (NSE:JUBLINDS) Have A Healthy Balance Sheet?
Dec 26Investors Shouldn't Overlook Jubilant Industries' (NSE:JUBLINDS) Impressive Returns On Capital
Aug 17Jubilant Industries (NSE:JUBLINDS) Has A Pretty Healthy Balance Sheet
Jun 21Investors Should Be Encouraged By Jubilant Industries' (NSE:JUBLINDS) Returns On Capital
May 12Returns on Capital Paint A Bright Future For Jubilant Industries (NSE:JUBLINDS)
Dec 28We Think Jubilant Industries (NSE:JUBLINDS) Can Stay On Top Of Its Debt
Dec 07With EPS Growth And More, Jubilant Industries (NSE:JUBLINDS) Is Interesting
Oct 26Jubilant Industries (NSE:JUBLINDS) Is Achieving High Returns On Its Capital
Aug 30Does Jubilant Industries (NSE:JUBLINDS) Have A Healthy Balance Sheet?
Jul 14Jubilant Industries (NSE:JUBLINDS) Might Have The Makings Of A Multi-Bagger
May 08Is Jubilant Industries (NSE:JUBLINDS) A Risky Investment?
Feb 25What Can The Trends At Jubilant Industries (NSE:JUBLINDS) Tell Us About Their Returns?
Jan 29How Good Is Jubilant Industries Limited (NSE:JUBLINDS), When It Comes To ROE?
Jan 11Estimating The Fair Value Of Jubilant Industries Limited (NSE:JUBLINDS)
Dec 24
Did You Miss Jubilant Industries' (NSE:JUBLINDS) Impressive 154% Share Price Gain?
Dec 06Jubilant Industries Limited's (NSE:JUBLINDS) Shares Climb 39% But Its Business Is Yet to Catch Up
Nov 18The Returns At Jubilant Industries (NSE:JUBLINDS) Provide Us With Signs Of What's To Come
Oct 23Here's Why Jubilant Industries (NSE:JUBLINDS) Has A Meaningful Debt Burden
Jul 05Financial Position Analysis
Short Term Liabilities: JUBLINDS's short term assets (₹5.4B) exceed its short term liabilities (₹4.3B).
Long Term Liabilities: JUBLINDS's short term assets (₹5.4B) exceed its long term liabilities (₹575.3M).
Debt to Equity History and Analysis
Debt Level: JUBLINDS's net debt to equity ratio (73.4%) is considered high.
Reducing Debt: JUBLINDS's debt to equity ratio has reduced from 561.3% to 78.5% over the past 5 years.
Debt Coverage: JUBLINDS's debt is well covered by operating cash flow (61.5%).
Interest Coverage: JUBLINDS's interest payments on its debt are well covered by EBIT (5.9x coverage).