Zeal Aqua Balance Sheet Health
Financial Health criteria checks 3/6
Zeal Aqua has a total shareholder equity of ₹727.1M and total debt of ₹1.4B, which brings its debt-to-equity ratio to 197.4%. Its total assets and total liabilities are ₹3.3B and ₹2.6B respectively. Zeal Aqua's EBIT is ₹206.0M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹9.0M.
Key information
197.4%
Debt to equity ratio
₹1.44b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹8.99m |
Equity | ₹727.15m |
Total liabilities | ₹2.58b |
Total assets | ₹3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539963's short term assets (₹3.0B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 539963's short term assets (₹3.0B) exceed its long term liabilities (₹359.1M).
Debt to Equity History and Analysis
Debt Level: 539963's net debt to equity ratio (196.2%) is considered high.
Reducing Debt: 539963's debt to equity ratio has increased from 195.7% to 197.4% over the past 5 years.
Debt Coverage: 539963's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 539963's interest payments on its debt are not well covered by EBIT (1.6x coverage).