Z-Tech (India) Balance Sheet Health
Financial Health criteria checks 4/6
Z-Tech (India) has a total shareholder equity of ₹219.1M and total debt of ₹13.1M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ₹419.2M and ₹200.1M respectively. Z-Tech (India)'s EBIT is ₹105.5M making its interest coverage ratio 163.6. It has cash and short-term investments of ₹8.3M.
Key information
6.0%
Debt to equity ratio
₹13.08m
Debt
Interest coverage ratio | 163.6x |
Cash | ₹8.27m |
Equity | ₹219.10m |
Total liabilities | ₹200.13m |
Total assets | ₹419.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTECH's short term assets (₹356.0M) exceed its short term liabilities (₹190.8M).
Long Term Liabilities: ZTECH's short term assets (₹356.0M) exceed its long term liabilities (₹9.3M).
Debt to Equity History and Analysis
Debt Level: ZTECH's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ZTECH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZTECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZTECH's interest payments on its debt are well covered by EBIT (163.6x coverage).