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 ₹408.1M, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are ₹1.2B and ₹680.3M respectively. Zodiac Energy's EBIT is ₹204.3M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹15.7M.
Key information
85.8%
Debt to equity ratio
₹408.12m
Debt
| Interest coverage ratio | 5.6x |
| Cash | ₹15.71m |
| Equity | ₹475.74m |
| Total liabilities | ₹680.28m |
| Total assets | ₹1.16b |
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
Optimistic 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 (₹1.0B) exceed its short term liabilities (₹585.3M).
Long Term Liabilities: ZODIAC's short term assets (₹1.0B) exceed its long term liabilities (₹95.0M).
Debt to Equity History and Analysis
Debt Level: ZODIAC's net debt to equity ratio (82.5%) is considered high.
Reducing Debt: ZODIAC's debt to equity ratio has increased from 37.8% to 85.8% over the past 5 years.
Debt Coverage: ZODIAC's debt is well covered by operating cash flow (39.1%).
Interest Coverage: ZODIAC's interest payments on its debt are well covered by EBIT (5.6x coverage).