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 ₹1.3B making its interest coverage ratio 0.8. It has cash and short-term investments of ₹8.8B.
Key information
46.9%
Debt to equity ratio
₹23.91b
Debt
Interest coverage ratio | 0.8x |
Cash | ₹8.81b |
Equity | ₹50.99b |
Total liabilities | ₹38.45b |
Total assets | ₹89.44b |
Recent financial health updates
Zuari Industries (NSE:ZUARIIND) Use Of Debt Could Be Considered Risky
Jun 25Is Zuari Industries (NSE:ZUARIIND) A Risky Investment?
Jan 13Is Zuari Industries (NSE:ZUARIIND) A Risky Investment?
Aug 19Here's Why Zuari Global (NSE:ZUARIGLOB) Has A Meaningful Debt Burden
Feb 10Does Zuari Global (NSE:ZUARIGLOB) Have A Healthy Balance Sheet?
Jul 27Zuari Global (NSE:ZUARIGLOB) Takes On Some Risk With Its Use Of Debt
Dec 30Recent updates
Zuari Industries Limited's (NSE:ZUARIIND) Popularity With Investors Is Under Threat From Overpricing
Oct 28Zuari Industries (NSE:ZUARIIND) Has Affirmed Its Dividend Of ₹1.00
Sep 19Zuari Industries (NSE:ZUARIIND) Has Affirmed Its Dividend Of ₹1.00
Sep 05Here's Why Zuari Industries (NSE:ZUARIIND) Has Caught The Eye Of Investors
Aug 07There's Reason For Concern Over Zuari Industries Limited's (NSE:ZUARIIND) Massive 34% Price Jump
Jun 29Zuari Industries (NSE:ZUARIIND) Use Of Debt Could Be Considered Risky
Jun 25Solid Earnings May Not Tell The Whole Story For Zuari Industries (NSE:ZUARIIND)
Jun 06Be Wary Of Zuari Industries (NSE:ZUARIIND) And Its Returns On Capital
Jun 01Revenues Not Telling The Story For Zuari Industries Limited (NSE:ZUARIIND) After Shares Rise 44%
Apr 13Do Zuari Industries' (NSE:ZUARIIND) Earnings Warrant Your Attention?
Mar 14Zuari Industries (NSE:ZUARIIND) Will Be Hoping To Turn Its Returns On Capital Around
Feb 21Subdued Growth No Barrier To Zuari Industries Limited (NSE:ZUARIIND) With Shares Advancing 49%
Jan 28Is Zuari Industries (NSE:ZUARIIND) A Risky Investment?
Jan 13Zuari Industries Limited (NSE:ZUARIIND) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Dec 14Zuari Industries (NSE:ZUARIIND) Is Due To Pay A Dividend Of ₹1.00
Sep 15Zuari Industries (NSE:ZUARIIND) Is Paying Out A Dividend Of ₹1.00
Sep 01Returns At Zuari Industries (NSE:ZUARIIND) Are On The Way Up
Jan 01Zuari Industries (NSE:ZUARIIND) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 22Is Zuari Industries (NSE:ZUARIIND) A Risky Investment?
Aug 19Returns On Capital At Zuari Global (NSE:ZUARIGLOB) Paint A Concerning Picture
Apr 05Here's Why Zuari Global (NSE:ZUARIGLOB) Has A Meaningful Debt Burden
Feb 10Zuari Global (NSE:ZUARIGLOB) Is Experiencing Growth In Returns On Capital
Nov 04Does Zuari Global (NSE:ZUARIGLOB) Have A Healthy Balance Sheet?
Jul 27Returns Are Gaining Momentum At Zuari Global (NSE:ZUARIGLOB)
Jun 16Is Zuari Global Limited (NSE:ZUARIGLOB) An Attractive Dividend Stock?
Mar 26Here's Why We're Wary Of Buying Zuari Global's (NSE:ZUARIGLOB) For Its Upcoming Dividend
Feb 18What Can The Trends At Zuari Global (NSE:ZUARIGLOB) Tell Us About Their Returns?
Feb 04Zuari Global (NSE:ZUARIGLOB) Takes On Some Risk With Its Use Of Debt
Dec 30Is Zuari Global Limited (NSE:ZUARIGLOB) An Attractive Dividend Stock?
Nov 26Here’s What’s Happening With Returns At Zuari Global (NSE:ZUARIGLOB)
Oct 22Don't Buy Zuari Global Limited (NSE:ZUARIGLOB) For Its Next Dividend Without Doing These Checks
Aug 30Are Dividend Investors Getting More Than They Bargained For With Zuari Global Limited's (NSE:ZUARIGLOB) Dividend?
Aug 27Will Zuari Global's (NSE:ZUARIGLOB) Growth In ROCE Persist?
Jul 15Financial Position Analysis
Short Term Liabilities: ZUARIIND's short term assets (₹15.5B) do not cover its short term liabilities (₹20.3B).
Long Term Liabilities: ZUARIIND's short term assets (₹15.5B) do not cover its long term liabilities (₹18.2B).
Debt to Equity History and Analysis
Debt Level: ZUARIIND's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: ZUARIIND's debt to equity ratio has reduced from 99.1% to 46.9% over the past 5 years.
Debt Coverage: ZUARIIND's debt is not well covered by operating cash flow (0.08%).
Interest Coverage: ZUARIIND's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/21 07:17 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Zuari Industries Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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G. Vijayaraghavan | Batlivala & Karani Securities India Pvt. Ltd. |
Manoj Bahety | Nuvama Wealth Management Limited |
Gauri Anand | PhillipCapital (India) |