Zodiac Clothing Balance Sheet Health
Financial Health criteria checks 3/6
Zodiac Clothing has a total shareholder equity of ₹2.6B and total debt of ₹754.3M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ₹3.8B and ₹1.2B respectively.
Key information
28.8%
Debt to equity ratio
₹754.30m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹361.60m |
| Equity | ₹2.62b |
| Total liabilities | ₹1.17b |
| Total assets | ₹3.79b |
Recent financial health updates
We Think Zodiac Clothing (NSE:ZODIACLOTH) Has A Fair Chunk Of Debt
Mar 14
Is Zodiac Clothing (NSE:ZODIACLOTH) Using Too Much Debt?
Sep 30Zodiac Clothing (NSE:ZODIACLOTH) Is Making Moderate Use Of Debt
Dec 08Does Zodiac Clothing (NSE:ZODIACLOTH) Have A Healthy Balance Sheet?
Jul 12Would Zodiac Clothing (NSE:ZODIACLOTH) Be Better Off With Less Debt?
Nov 26Recent updates
We Think Zodiac Clothing (NSE:ZODIACLOTH) Has A Fair Chunk Of Debt
Mar 14Is Zodiac Clothing (NSE:ZODIACLOTH) Using Too Much Debt?
Sep 30Zodiac Clothing Company Limited (NSE:ZODIACLOTH) Investors Are Less Pessimistic Than Expected
Jul 30Zodiac Clothing (NSE:ZODIACLOTH) Is Making Moderate Use Of Debt
Dec 08Does Zodiac Clothing (NSE:ZODIACLOTH) Have A Healthy Balance Sheet?
Jul 12Would Zodiac Clothing (NSE:ZODIACLOTH) Be Better Off With Less Debt?
Nov 26Calculating The Intrinsic Value Of Zodiac Clothing Company Limited (NSE:ZODIACLOTH)
Aug 05Financial Position Analysis
Short Term Liabilities: ZODIACLOTH's short term assets (₹1.5B) exceed its short term liabilities (₹845.3M).
Long Term Liabilities: ZODIACLOTH's short term assets (₹1.5B) exceed its long term liabilities (₹323.0M).
Debt to Equity History and Analysis
Debt Level: ZODIACLOTH's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: ZODIACLOTH's debt to equity ratio has increased from 21.5% to 28.8% over the past 5 years.
Debt Coverage: ZODIACLOTH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ZODIACLOTH's interest payments on its debt are well covered by EBIT.