Jay Jalaram Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Jay Jalaram Technologies has a total shareholder equity of ₹273.7M and total debt of ₹508.5M, which brings its debt-to-equity ratio to 185.8%. Its total assets and total liabilities are ₹1.5B and ₹1.2B respectively. Jay Jalaram Technologies's EBIT is ₹93.9M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹67.9M.
Key information
185.8%
Debt to equity ratio
₹508.45m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹67.93m |
| Equity | ₹273.66m |
| Total liabilities | ₹1.24b |
| Total assets | ₹1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KORE's short term assets (₹1.4B) exceed its short term liabilities (₹807.4M).
Long Term Liabilities: KORE's short term assets (₹1.4B) exceed its long term liabilities (₹428.7M).
Debt to Equity History and Analysis
Debt Level: KORE's net debt to equity ratio (161%) is considered high.
Reducing Debt: KORE's debt to equity ratio has reduced from 1758.2% to 185.8% over the past 5 years.
Debt Coverage: KORE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KORE's interest payments on its debt are not well covered by EBIT (2.5x coverage).