Jet Freight Logistics Balance Sheet Health
Financial Health criteria checks 3/6
Jet Freight Logistics has a total shareholder equity of ₹623.1M and total debt of ₹586.7M, which brings its debt-to-equity ratio to 94.2%. Its total assets and total liabilities are ₹1.5B and ₹924.0M respectively. Jet Freight Logistics's EBIT is ₹113.3M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹110.2M.
Key information
94.2%
Debt to equity ratio
₹586.70m
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹110.20m |
| Equity | ₹623.08m |
| Total liabilities | ₹924.01m |
| Total assets | ₹1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543420's short term assets (₹836.6M) exceed its short term liabilities (₹749.6M).
Long Term Liabilities: 543420's short term assets (₹836.6M) exceed its long term liabilities (₹174.4M).
Debt to Equity History and Analysis
Debt Level: 543420's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: 543420's debt to equity ratio has reduced from 110% to 94.2% over the past 5 years.
Debt Coverage: 543420's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 543420's interest payments on its debt are not well covered by EBIT (2.7x coverage).