Zodiac Clothing Balance Sheet Health
Financial Health criteria checks 5/6
Zodiac Clothing has a total shareholder equity of ₹2.5B and total debt of ₹860.3M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹3.8B and ₹1.4B respectively.
Key information
35.0%
Debt to equity ratio
₹860.35m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹282.29m |
| Equity | ₹2.46b |
| Total liabilities | ₹1.36b |
| Total assets | ₹3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521163's short term assets (₹1.4B) exceed its short term liabilities (₹960.6M).
Long Term Liabilities: 521163's short term assets (₹1.4B) exceed its long term liabilities (₹403.2M).
Debt to Equity History and Analysis
Debt Level: 521163's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 521163's debt to equity ratio has increased from 20.9% to 35% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 521163 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 521163 has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 7.8% each year.