Zodiac Energy Balance Sheet Health
Financial Health criteria checks 3/6
Zodiac Energy has a total shareholder equity of ₹811.8M and total debt of ₹791.4M, which brings its debt-to-equity ratio to 97.5%. Its total assets and total liabilities are ₹2.3B and ₹1.5B respectively. Zodiac Energy's EBIT is ₹223.1M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹142.3M.
Key information
97.5%
Debt to equity ratio
₹791.37m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹142.33m |
| Equity | ₹811.84m |
| Total liabilities | ₹1.46b |
| Total assets | ₹2.27b |
Recent financial health updates
Zodiac Energy (NSE:ZODIAC) Has A Pretty Healthy Balance Sheet
Dec 12
These 4 Measures Indicate That Zodiac Energy (NSE:ZODIAC) Is Using Debt Extensively
Jun 06Here's Why Zodiac Energy (NSE:ZODIAC) Can Manage Its Debt Responsibly
Aug 21Does Zodiac Energy (NSE:ZODIAC) Have A Healthy Balance Sheet?
May 12Does Zodiac Energy (NSE:ZODIAC) Have A Healthy Balance Sheet?
Feb 10Does Zodiac Energy (NSE:ZODIAC) Have A Healthy Balance Sheet?
Jul 14Recent updates
Zodiac Energy (NSE:ZODIAC) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 20Investors Still Waiting For A Pull Back In Zodiac Energy Limited (NSE:ZODIAC)
Oct 27Optimistic Investors Push Zodiac Energy Limited (NSE:ZODIAC) Shares Up 26% But Growth Is Lacking
Jul 03Subdued Growth No Barrier To Zodiac Energy Limited (NSE:ZODIAC) With Shares Advancing 32%
Apr 19Does Zodiac Energy (NSE:ZODIAC) Deserve A Spot On Your Watchlist?
Apr 18Zodiac Energy Limited (NSE:ZODIAC) Looks Just Right With A 27% Price Jump
Feb 29Zodiac Energy (NSE:ZODIAC) Has A Pretty Healthy Balance Sheet
Dec 12With EPS Growth And More, Zodiac Energy (NSE:ZODIAC) Makes An Interesting Case
Oct 21These 4 Measures Indicate That Zodiac Energy (NSE:ZODIAC) Is Using Debt Extensively
Jun 06With EPS Growth And More, Zodiac Energy (NSE:ZODIAC) Makes An Interesting Case
Sep 11Here's Why Zodiac Energy (NSE:ZODIAC) Can Manage Its Debt Responsibly
Aug 21Should You Be Adding Zodiac Energy (NSE:ZODIAC) To Your Watchlist Today?
Jun 09Does Zodiac Energy (NSE:ZODIAC) Have A Healthy Balance Sheet?
May 12Does Zodiac Energy (NSE:ZODIAC) Have A Healthy Balance Sheet?
Feb 10Is Now The Time To Put Zodiac Energy (NSE:ZODIAC) On Your Watchlist?
Jan 11With EPS Growth And More, Zodiac Energy (NSE:ZODIAC) Is Interesting
Sep 12Does Zodiac Energy (NSE:ZODIAC) Have A Healthy Balance Sheet?
Jul 14Should You Be Adding Zodiac Energy (NSE:ZODIAC) To Your Watchlist Today?
Apr 08Do Zodiac Energy's (NSE:ZODIAC) Earnings Warrant Your Attention?
Jan 08
Financial Position Analysis
Short Term Liabilities: ZODIAC's short term assets (₹1.3B) exceed its short term liabilities (₹958.8M).
Long Term Liabilities: ZODIAC's short term assets (₹1.3B) exceed its long term liabilities (₹496.6M).
Debt to Equity History and Analysis
Debt Level: ZODIAC's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: ZODIAC's debt to equity ratio has increased from 37.8% to 97.5% over the past 5 years.
Debt Coverage: ZODIAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZODIAC's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:56 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Zodiac Energy 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 |
|---|