Jet Infraventure Balance Sheet Health
Financial Health criteria checks 5/6
Jet Infraventure has a total shareholder equity of ₹56.2M and total debt of ₹4.6M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹72.0M and ₹15.8M respectively. Jet Infraventure's EBIT is ₹1.2M making its interest coverage ratio -0.7. It has cash and short-term investments of ₹168.0K.
Key information
8.3%
Debt to equity ratio
₹4.65m
Debt
Interest coverage ratio | -0.7x |
Cash | ₹168.00k |
Equity | ₹56.16m |
Total liabilities | ₹15.81m |
Total assets | ₹71.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538794's short term assets (₹70.8M) exceed its short term liabilities (₹15.8M).
Long Term Liabilities: 538794 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 538794's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 538794's debt to equity ratio has reduced from 31.8% to 8.3% over the past 5 years.
Debt Coverage: 538794's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 538794 earns more interest than it pays, so coverage of interest payments is not a concern.