Jet Freight Logistics Balance Sheet Health
Financial Health criteria checks 4/6
Jet Freight Logistics has a total shareholder equity of ₹606.3M and total debt of ₹558.9M, which brings its debt-to-equity ratio to 92.2%. Its total assets and total liabilities are ₹1.7B and ₹1.1B respectively. Jet Freight Logistics's EBIT is ₹84.3M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹134.1M.
Key information
92.2%
Debt to equity ratio
₹558.87m
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹134.13m |
| Equity | ₹606.25m |
| Total liabilities | ₹1.10b |
| Total assets | ₹1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543420's short term assets (₹944.0M) exceed its short term liabilities (₹933.7M).
Long Term Liabilities: 543420's short term assets (₹944.0M) exceed its long term liabilities (₹164.8M).
Debt to Equity History and Analysis
Debt Level: 543420's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: 543420's debt to equity ratio has reduced from 110% to 92.2% over the past 5 years.
Debt Coverage: 543420's debt is well covered by operating cash flow (26.9%).
Interest Coverage: 543420's interest payments on its debt are not well covered by EBIT (1.4x coverage).