Zenlabs Ethica Balance Sheet Health
Financial Health criteria checks 2/6
Zenlabs Ethica has a total shareholder equity of ₹102.6M and total debt of ₹100.0M, which brings its debt-to-equity ratio to 97.4%. Its total assets and total liabilities are ₹404.7M and ₹302.0M respectively. Zenlabs Ethica's EBIT is ₹14.2M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹14.2M.
Key information
97.4%
Debt to equity ratio
₹99.96m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹14.18m |
| Equity | ₹102.63m |
| Total liabilities | ₹302.03m |
| Total assets | ₹404.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530697's short term assets (₹365.7M) exceed its short term liabilities (₹278.2M).
Long Term Liabilities: 530697's short term assets (₹365.7M) exceed its long term liabilities (₹23.8M).
Debt to Equity History and Analysis
Debt Level: 530697's net debt to equity ratio (83.6%) is considered high.
Reducing Debt: 530697's debt to equity ratio has increased from 6.1% to 97.4% 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 (1.7x coverage).