Newjaisa Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Newjaisa Technologies has a total shareholder equity of ₹2.0B and total debt of ₹136.5M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹2.2B and ₹175.5M respectively. Newjaisa Technologies's EBIT is ₹100.6M making its interest coverage ratio 11.2. It has cash and short-term investments of ₹1.8M.
Key information
6.8%
Debt to equity ratio
₹136.50m
Debt
Interest coverage ratio | 11.2x |
Cash | ₹1.81m |
Equity | ₹2.01b |
Total liabilities | ₹175.45m |
Total assets | ₹2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEWJAISA's short term assets (₹2.1B) exceed its short term liabilities (₹163.7M).
Long Term Liabilities: NEWJAISA's short term assets (₹2.1B) exceed its long term liabilities (₹11.8M).
Debt to Equity History and Analysis
Debt Level: NEWJAISA's net debt to equity ratio (6.7%) is considered satisfactory.
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 (11.2x coverage).