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
Jet Freight Logistics (NSE:JETFREIGHT) Use Of Debt Could Be Considered Risky
Jan 26
Jet Freight Logistics (NSE:JETFREIGHT) Has A Somewhat Strained Balance Sheet
Sep 28Does Jet Freight Logistics (NSE:JETFREIGHT) Have A Healthy Balance Sheet?
Jun 21Is Jet Freight Logistics (NSE:JETFREIGHT) Using Too Much Debt?
Nov 26Is Jet Freight Logistics (NSE:JETFREIGHT) A Risky Investment?
Aug 02Here's Why Jet Freight Logistics (NSE:JETFREIGHT) Can Afford Some Debt
Jan 25
Recent updates
Jet Freight Logistics Limited (NSE:JETFREIGHT) Surges 29% Yet Its Low P/S Is No Reason For Excitement
Dec 17There May Be Underlying Issues With The Quality Of Jet Freight Logistics' (NSE:JETFREIGHT) Earnings
Nov 18We Think Jet Freight Logistics Limited's (NSE:JETFREIGHT) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 15Jet Freight Logistics Limited (NSE:JETFREIGHT) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Aug 23Jet Freight Logistics Limited's (NSE:JETFREIGHT) Shares Bounce 25% But Its Business Still Trails The Industry
Jan 28Jet Freight Logistics (NSE:JETFREIGHT) Use Of Debt Could Be Considered Risky
Jan 26Jet Freight Logistics (NSE:JETFREIGHT) Has A Somewhat Strained Balance Sheet
Sep 28Does Jet Freight Logistics (NSE:JETFREIGHT) Have A Healthy Balance Sheet?
Jun 21Is Jet Freight Logistics (NSE:JETFREIGHT) Using Too Much Debt?
Nov 26Is Jet Freight Logistics (NSE:JETFREIGHT) A Risky Investment?
Aug 02Here's Why Jet Freight Logistics (NSE:JETFREIGHT) Can Afford Some Debt
Jan 25Financial Position Analysis
Short Term Liabilities: JETFREIGHT's short term assets (₹836.6M) exceed its short term liabilities (₹749.6M).
Long Term Liabilities: JETFREIGHT's short term assets (₹836.6M) exceed its long term liabilities (₹174.4M).
Debt to Equity History and Analysis
Debt Level: JETFREIGHT's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: JETFREIGHT's debt to equity ratio has reduced from 110% to 94.2% over the past 5 years.
Debt Coverage: JETFREIGHT's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: JETFREIGHT's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 23:54 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jet Freight Logistics Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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