Zee Entertainment Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Zee Entertainment Enterprises has a total shareholder equity of ₹107.9B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹138.0B and ₹30.1B respectively. Zee Entertainment Enterprises's EBIT is ₹5.9B making its interest coverage ratio 11.3. It has cash and short-term investments of ₹5.7B.
Key information
2.3%
Debt to equity ratio
₹2.52b
Debt
Interest coverage ratio | 11.3x |
Cash | ₹5.66b |
Equity | ₹107.90b |
Total liabilities | ₹30.08b |
Total assets | ₹137.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505537's short term assets (₹114.3B) exceed its short term liabilities (₹26.6B).
Long Term Liabilities: 505537's short term assets (₹114.3B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: 505537 has more cash than its total debt.
Reducing Debt: 505537's debt to equity ratio has reduced from 19.4% to 2.3% over the past 5 years.
Debt Coverage: 505537's debt is well covered by operating cash flow (154.2%).
Interest Coverage: 505537's interest payments on its debt are well covered by EBIT (11.3x coverage).