Zenith Exports Balance Sheet Health
Financial Health criteria checks 5/6
Zenith Exports has a total shareholder equity of ₹806.5M and total debt of ₹59.4M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ₹973.4M and ₹166.9M respectively. Zenith Exports's EBIT is ₹148.0K making its interest coverage ratio -0. It has cash and short-term investments of ₹291.0M.
Key information
7.4%
Debt to equity ratio
₹59.40m
Debt
| Interest coverage ratio | -0.01x |
| Cash | ₹291.00m |
| Equity | ₹806.50m |
| Total liabilities | ₹166.90m |
| Total assets | ₹973.40m |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Zenith Exports Limited (NSE:ZENITHEXPO) After Shares Rise 28%
Feb 15
We Ran A Stock Scan For Earnings Growth And Zenith Exports (NSE:ZENITHEXPO) Passed With Ease
Feb 10Zenith Exports Limited's (NSE:ZENITHEXPO) 30% Price Boost Is Out Of Tune With Earnings
Dec 18Here's Why We Think Zenith Exports (NSE:ZENITHEXPO) Might Deserve Your Attention Today
Nov 12Financial Position Analysis
Short Term Liabilities: ZENITHEXPO's short term assets (₹786.6M) exceed its short term liabilities (₹148.7M).
Long Term Liabilities: ZENITHEXPO's short term assets (₹786.6M) exceed its long term liabilities (₹18.2M).
Debt to Equity History and Analysis
Debt Level: ZENITHEXPO has more cash than its total debt.
Reducing Debt: ZENITHEXPO's debt to equity ratio has reduced from 12.1% to 7.4% over the past 5 years.
Debt Coverage: ZENITHEXPO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZENITHEXPO earns more interest than it pays, so coverage of interest payments is not a concern.