Zee Entertainment Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Zee Entertainment Enterprises has a total shareholder equity of ₹112.6B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹135.2B and ₹22.6B respectively. Zee Entertainment Enterprises's EBIT is ₹7.1B making its interest coverage ratio 18.2. It has cash and short-term investments of ₹17.8B.
Key information
1.4%
Debt to equity ratio
₹1.55b
Debt
| Interest coverage ratio | 18.2x |
| Cash | ₹17.82b |
| Equity | ₹112.57b |
| Total liabilities | ₹22.63b |
| Total assets | ₹135.20b |
Recent financial health updates
Recent updates
Zee Entertainment Enterprises Limited's (NSE:ZEEL) Popularity With Investors Is Clear
Oct 03
Zee Entertainment Enterprises Limited (NSE:ZEEL) Shares Could Be 29% Above Their Intrinsic Value Estimate
Aug 29Zee Entertainment Enterprises Limited's (NSE:ZEEL) Shareholders Might Be Looking For Exit
Jun 04The Returns On Capital At Zee Entertainment Enterprises (NSE:ZEEL) Don't Inspire Confidence
May 13More Unpleasant Surprises Could Be In Store For Zee Entertainment Enterprises Limited's (NSE:ZEEL) Shares After Tumbling 38%
Feb 07Here's What's Concerning About Zee Entertainment Enterprises' (NSE:ZEEL) Returns On Capital
Jan 12Zee Entertainment Enterprises Limited's (NSE:ZEEL) Business Is Yet to Catch Up With Its Share Price
Dec 22Returns On Capital Signal Tricky Times Ahead For Zee Entertainment Enterprises (NSE:ZEEL)
Mar 19Does Zee Entertainment Enterprises (NSE:ZEEL) Have A Healthy Balance Sheet?
Dec 19Financial Position Analysis
Short Term Liabilities: ZEEL's short term assets (₹113.2B) exceed its short term liabilities (₹18.5B).
Long Term Liabilities: ZEEL's short term assets (₹113.2B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: ZEEL has more cash than its total debt.
Reducing Debt: ZEEL's debt to equity ratio has reduced from 11.5% to 1.4% over the past 5 years.
Debt Coverage: ZEEL's debt is well covered by operating cash flow (460.3%).
Interest Coverage: ZEEL's interest payments on its debt are well covered by EBIT (18.2x coverage).