Zuari Agro Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
Zuari Agro Chemicals has a total shareholder equity of ₹24.0B and total debt of ₹14.5B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are ₹48.0B and ₹23.9B respectively. Zuari Agro Chemicals's EBIT is ₹2.3B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹4.1B.
Key information
60.2%
Debt to equity ratio
₹14.47b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹4.07b |
| Equity | ₹24.05b |
| Total liabilities | ₹23.91b |
| Total assets | ₹47.95b |
Recent financial health updates
Zuari Agro Chemicals (NSE:ZUARI) Takes On Some Risk With Its Use Of Debt
Aug 01
Here's Why Zuari Agro Chemicals (NSE:ZUARI) Has A Meaningful Debt Burden
Jun 01Here's Why Zuari Agro Chemicals (NSE:ZUARI) Has A Meaningful Debt Burden
Dec 08Recent updates
Zuari Agro Chemicals' (NSE:ZUARI) Solid Earnings May Rest On Weak Foundations
Nov 14Zuari Agro Chemicals Limited (NSE:ZUARI) Might Not Be As Mispriced As It Looks
Oct 03Zuari Agro Chemicals (NSE:ZUARI) Takes On Some Risk With Its Use Of Debt
Aug 01Further Upside For Zuari Agro Chemicals Limited (NSE:ZUARI) Shares Could Introduce Price Risks After 31% Bounce
Jun 21Why Investors Shouldn't Be Surprised By Zuari Agro Chemicals Limited's (NSE:ZUARI) 25% Share Price Plunge
Mar 14We Believe Zuari Agro Chemicals' (NSE:ZUARI) Earnings Are A Poor Guide For Its Profitability
Nov 19Here's Why We Think Zuari Agro Chemicals (NSE:ZUARI) Might Deserve Your Attention Today
Aug 05Estimating The Intrinsic Value Of Zuari Agro Chemicals Limited (NSE:ZUARI)
Jun 28Here's Why Zuari Agro Chemicals (NSE:ZUARI) Has A Meaningful Debt Burden
Jun 01Here's Why Zuari Agro Chemicals (NSE:ZUARI) Has A Meaningful Debt Burden
Dec 08Zuari Agro Chemicals' (NSE:ZUARI) Shareholders Are Down 78% On Their Shares
Feb 02Financial Position Analysis
Short Term Liabilities: ZUARI's short term assets (₹14.0B) do not cover its short term liabilities (₹17.6B).
Long Term Liabilities: ZUARI's short term assets (₹14.0B) exceed its long term liabilities (₹6.4B).
Debt to Equity History and Analysis
Debt Level: ZUARI's net debt to equity ratio (43.2%) is considered high.
Reducing Debt: ZUARI's debt to equity ratio has reduced from 241.9% to 60.2% over the past 5 years.
Debt Coverage: ZUARI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZUARI's interest payments on its debt are not well covered by EBIT (1.5x coverage).