Z-Tech (India) Balance Sheet Health
Financial Health criteria checks 4/6
Z-Tech (India) has a total shareholder equity of ₹582.7M and total debt of ₹17.9M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹782.2M and ₹199.5M respectively. Z-Tech (India)'s EBIT is ₹116.5M making its interest coverage ratio 184.9. It has cash and short-term investments of ₹91.0M.
Key information
3.1%
Debt to equity ratio
₹17.91m
Debt
| Interest coverage ratio | 184.9x |
| Cash | ₹90.97m |
| Equity | ₹582.70m |
| Total liabilities | ₹199.50m |
| Total assets | ₹782.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTECH's short term assets (₹614.8M) exceed its short term liabilities (₹185.3M).
Long Term Liabilities: ZTECH's short term assets (₹614.8M) exceed its long term liabilities (₹14.2M).
Debt to Equity History and Analysis
Debt Level: ZTECH has more cash than its total debt.
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 (184.9x coverage).