S J Logistics (India) Balance Sheet Health
Financial Health criteria checks 4/6
S J Logistics (India) has a total shareholder equity of ₹312.0M and total debt of ₹335.6M, which brings its debt-to-equity ratio to 107.6%. Its total assets and total liabilities are ₹810.4M and ₹498.4M respectively. S J Logistics (India)'s EBIT is ₹126.1M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹11.7M.
Key information
107.6%
Debt to equity ratio
₹335.60m
Debt
Interest coverage ratio | 5.1x |
Cash | ₹11.73m |
Equity | ₹312.03m |
Total liabilities | ₹498.40m |
Total assets | ₹810.43m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SJLOGISTIC's short term assets (₹726.6M) exceed its short term liabilities (₹233.6M).
Long Term Liabilities: SJLOGISTIC's short term assets (₹726.6M) exceed its long term liabilities (₹264.8M).
Debt to Equity History and Analysis
Debt Level: SJLOGISTIC's net debt to equity ratio (103.8%) is considered high.
Reducing Debt: SJLOGISTIC's debt to equity ratio has reduced from 283.8% to 107.6% over the past 5 years.
Debt Coverage: SJLOGISTIC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SJLOGISTIC's interest payments on its debt are well covered by EBIT (5.1x coverage).