Zodiac Energy Balance Sheet Health
Financial Health criteria checks 4/6
Zodiac Energy has a total shareholder equity of ₹475.7M and total debt of ₹381.2M, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are ₹1.2B and ₹680.3M respectively. Zodiac Energy's EBIT is ₹181.8M making its interest coverage ratio 4.1. It has cash and short-term investments of ₹102.1M.
Key information
80.1%
Debt to equity ratio
₹381.25m
Debt
Interest coverage ratio | 4.1x |
Cash | ₹102.13m |
Equity | ₹475.74m |
Total liabilities | ₹680.28m |
Total assets | ₹1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543416's short term assets (₹1.0B) exceed its short term liabilities (₹585.3M).
Long Term Liabilities: 543416's short term assets (₹1.0B) exceed its long term liabilities (₹95.0M).
Debt to Equity History and Analysis
Debt Level: 543416's net debt to equity ratio (58.7%) is considered high.
Reducing Debt: 543416's debt to equity ratio has increased from 20.1% to 80.1% over the past 5 years.
Debt Coverage: 543416's debt is well covered by operating cash flow (41.9%).
Interest Coverage: 543416's interest payments on its debt are well covered by EBIT (4.1x coverage).