Zydus Wellness Balance Sheet Health
Financial Health criteria checks 5/6
Zydus Wellness has a total shareholder equity of ₹52.1B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ₹58.3B and ₹6.2B respectively. Zydus Wellness's EBIT is ₹2.7B making its interest coverage ratio 13.6. It has cash and short-term investments of ₹2.5B.
Key information
6.8%
Debt to equity ratio
₹3.52b
Debt
Interest coverage ratio | 13.6x |
Cash | ₹2.54b |
Equity | ₹52.07b |
Total liabilities | ₹6.24b |
Total assets | ₹58.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531335's short term assets (₹8.9B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 531335's short term assets (₹8.9B) exceed its long term liabilities (₹183.0M).
Debt to Equity History and Analysis
Debt Level: 531335's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 531335's debt to equity ratio has increased from 3.4% to 6.8% over the past 5 years.
Debt Coverage: 531335's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 531335's interest payments on its debt are well covered by EBIT (13.6x coverage).