Zenotech Laboratories Balance Sheet Health
Financial Health criteria checks 6/6
Zenotech Laboratories has a total shareholder equity of ₹931.7M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.1B and ₹147.6M respectively. Zenotech Laboratories's EBIT is ₹72.6M making its interest coverage ratio -7.7. It has cash and short-term investments of ₹219.2M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -7.7x |
| Cash | ₹219.24m |
| Equity | ₹931.65m |
| Total liabilities | ₹147.58m |
| Total assets | ₹1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532039's short term assets (₹304.5M) exceed its short term liabilities (₹126.1M).
Long Term Liabilities: 532039's short term assets (₹304.5M) exceed its long term liabilities (₹21.4M).
Debt to Equity History and Analysis
Debt Level: 532039 is debt free.
Reducing Debt: 532039 has no debt compared to 5 years ago when its debt to equity ratio was 70.6%.
Debt Coverage: 532039 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532039 has no debt, therefore coverage of interest payments is not a concern.