Jaiprakash Power Ventures Balance Sheet Health
Financial Health criteria checks 5/6
Jaiprakash Power Ventures has a total shareholder equity of ₹114.7B and total debt of ₹42.4B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ₹173.0B and ₹58.4B respectively. Jaiprakash Power Ventures's EBIT is ₹21.6B making its interest coverage ratio 4.8. It has cash and short-term investments of ₹9.6B.
Key information
37.0%
Debt to equity ratio
₹42.42b
Debt
Interest coverage ratio | 4.8x |
Cash | ₹9.57b |
Equity | ₹114.68b |
Total liabilities | ₹58.36b |
Total assets | ₹173.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532627's short term assets (₹32.5B) exceed its short term liabilities (₹17.9B).
Long Term Liabilities: 532627's short term assets (₹32.5B) do not cover its long term liabilities (₹40.5B).
Debt to Equity History and Analysis
Debt Level: 532627's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 532627's debt to equity ratio has reduced from 302.6% to 37% over the past 5 years.
Debt Coverage: 532627's debt is well covered by operating cash flow (45.4%).
Interest Coverage: 532627's interest payments on its debt are well covered by EBIT (4.8x coverage).