Zenlabs Ethica Balance Sheet Health
Financial Health criteria checks 2/6
Zenlabs Ethica has a total shareholder equity of ₹101.2M and total debt of ₹129.9M, which brings its debt-to-equity ratio to 128.3%. Its total assets and total liabilities are ₹402.6M and ₹301.4M respectively. Zenlabs Ethica's EBIT is ₹11.2M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹9.3M.
Key information
128.3%
Debt to equity ratio
₹129.91m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹9.26m |
Equity | ₹101.23m |
Total liabilities | ₹301.35m |
Total assets | ₹402.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530697's short term assets (₹355.5M) exceed its short term liabilities (₹270.2M).
Long Term Liabilities: 530697's short term assets (₹355.5M) exceed its long term liabilities (₹31.1M).
Debt to Equity History and Analysis
Debt Level: 530697's net debt to equity ratio (119.2%) is considered high.
Reducing Debt: 530697's debt to equity ratio has increased from 7.2% to 128.3% over the past 5 years.
Debt Coverage: 530697's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530697's interest payments on its debt are not well covered by EBIT (1.3x coverage).