Zuari Industries Balance Sheet Health
Financial Health criteria checks 1/6
Zuari Industries has a total shareholder equity of ₹25.5B and total debt of ₹23.5B, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are ₹58.2B and ₹32.7B respectively. Zuari Industries's EBIT is ₹3.6M making its interest coverage ratio 0. It has cash and short-term investments of ₹6.2B.
Key information
92.1%
Debt to equity ratio
₹23.49b
Debt
| Interest coverage ratio | 0.002x |
| Cash | ₹6.16b |
| Equity | ₹25.49b |
| Total liabilities | ₹32.74b |
| Total assets | ₹58.23b |
Recent financial health updates
Is Zuari Industries (NSE:ZUARIIND) A Risky Investment?
Jan 13
Is 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 30
Recent updates
Revenues 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 (₹16.5B) exceed its short term liabilities (₹15.6B).
Long Term Liabilities: ZUARIIND's short term assets (₹16.5B) do not cover its long term liabilities (₹17.1B).
Debt to Equity History and Analysis
Debt Level: ZUARIIND's net debt to equity ratio (68%) is considered high.
Reducing Debt: ZUARIIND's debt to equity ratio has increased from 62.2% to 92.1% over the past 5 years.
Debt Coverage: ZUARIIND's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: ZUARIIND's interest payments on its debt are not well covered by EBIT (0x coverage).