Zuari Agro Chemicals Balance Sheet Health
Financial Health criteria checks 3/6
Zuari Agro Chemicals has a total shareholder equity of ₹22.9B and total debt of ₹16.7B, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are ₹48.2B and ₹25.3B respectively. Zuari Agro Chemicals's EBIT is ₹4.4B making its interest coverage ratio 2.1. It has cash and short-term investments of ₹3.9B.
Key information
73.1%
Debt to equity ratio
₹16.74b
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₹3.89b |
| Equity | ₹22.90b |
| Total liabilities | ₹25.30b |
| Total assets | ₹48.20b |
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) 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 (₹14.8B) do not cover its short term liabilities (₹18.7B).
Long Term Liabilities: ZUARI's short term assets (₹14.8B) exceed its long term liabilities (₹6.6B).
Debt to Equity History and Analysis
Debt Level: ZUARI's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: ZUARI's debt to equity ratio has reduced from 337.4% to 73.1% over the past 5 years.
Debt Coverage: ZUARI's debt is well covered by operating cash flow (28.3%).
Interest Coverage: ZUARI's interest payments on its debt are not well covered by EBIT (2.1x coverage).