Jagsonpal Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 6/6
Jagsonpal Pharmaceuticals has a total shareholder equity of ₹1.7B and total debt of ₹93.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹2.1B and ₹400.0M respectively. Jagsonpal Pharmaceuticals's EBIT is ₹250.3M making its interest coverage ratio -9. It has cash and short-term investments of ₹1.1B.
Key information
5.5%
Debt to equity ratio
₹93.10m
Debt
Interest coverage ratio | -9x |
Cash | ₹1.12b |
Equity | ₹1.69b |
Total liabilities | ₹399.95m |
Total assets | ₹2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507789's short term assets (₹1.8B) exceed its short term liabilities (₹287.8M).
Long Term Liabilities: 507789's short term assets (₹1.8B) exceed its long term liabilities (₹112.2M).
Debt to Equity History and Analysis
Debt Level: 507789 has more cash than its total debt.
Reducing Debt: 507789's debt to equity ratio has reduced from 6% to 5.5% over the past 5 years.
Debt Coverage: 507789's debt is well covered by operating cash flow (534.7%).
Interest Coverage: 507789 earns more interest than it pays, so coverage of interest payments is not a concern.