Jindal Cotex Limited

    Jindal Cotex Limited

    NNSE:JINDCOT
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    INR
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    Financial Position

    As of December 31, 2024, Jindal Cotex Limited maintains a current ratio of 52.98, meaning it holds 53.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 47.61, indicating elevated leverage, while an interest coverage ratio of 0.36 demonstrates limited ability to service its debt obligations.

    Current Ratio52.98
    Quick Ratio0.04
    Debt / Equity47.61
    Interest Coverage0.36

    Financial Efficiency

    These figures cover the twelve months ended December 31, 2024. Return on capital employed (ROCE) is negative at -41.83, pointing to unprofitable operations over the period.

    Return on Capital Employed (ROCE)-41.83

    Margins

    Over the twelve months ended December 31, 2024, Jindal Cotex Limited posted a gross margin of -1.52, reflecting its pricing power and cost economics. The operating margin of 7.70 and net profit margin of -106.98 provide insight into operational efficiency.

    Gross Margin-1.52
    Operating Margin7.70
    Pretax Margin-106.98
    Profit Margin-106.98
    EBITDA Margin7.70

    Scores

    As of December 31, 2024, Jindal Cotex Limited has an Altman Z-Score of 1.75, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score1.75