Newjaisa Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Newjaisa Technologies has a total shareholder equity of ₹883.0M and total debt of ₹167.9M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₹1.1B and ₹195.2M respectively. Newjaisa Technologies's EBIT is ₹86.3M making its interest coverage ratio 26.3. It has cash and short-term investments of ₹356.9M.
Key information
19.0%
Debt to equity ratio
₹167.93m
Debt
| Interest coverage ratio | 26.3x |
| Cash | ₹356.91m |
| Equity | ₹882.95m |
| Total liabilities | ₹195.16m |
| Total assets | ₹1.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NEWJAISA's short term assets (₹955.1M) exceed its short term liabilities (₹127.5M).
Long Term Liabilities: NEWJAISA's short term assets (₹955.1M) exceed its long term liabilities (₹67.6M).
Debt to Equity History and Analysis
Debt Level: NEWJAISA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NEWJAISA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NEWJAISA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NEWJAISA's interest payments on its debt are well covered by EBIT (26.3x coverage).