Zuari Industries Balance Sheet Health
Financial Health criteria checks 2/6
Zuari Industries has a total shareholder equity of ₹51.0B and total debt of ₹23.9B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are ₹89.4B and ₹38.4B respectively. Zuari Industries's EBIT is ₹581.1M making its interest coverage ratio 0.3. It has cash and short-term investments of ₹8.8B.
Key information
46.9%
Debt to equity ratio
₹23.91b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₹8.81b |
| Equity | ₹50.99b |
| Total liabilities | ₹38.45b |
| Total assets | ₹89.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500780's short term assets (₹15.5B) do not cover its short term liabilities (₹20.3B).
Long Term Liabilities: 500780's short term assets (₹15.5B) do not cover its long term liabilities (₹18.2B).
Debt to Equity History and Analysis
Debt Level: 500780's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: 500780's debt to equity ratio has reduced from 99.1% to 46.9% over the past 5 years.
Debt Coverage: 500780's debt is not well covered by operating cash flow (0.08%).
Interest Coverage: 500780's interest payments on its debt are not well covered by EBIT (0.3x coverage).