Zaggle Prepaid Ocean Services Balance Sheet Health
Financial Health criteria checks 4/6
Zaggle Prepaid Ocean Services has a total shareholder equity of ₹6.2B and total debt of ₹589.7M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ₹7.5B and ₹1.3B respectively. Zaggle Prepaid Ocean Services's EBIT is ₹2.1B making its interest coverage ratio -183. It has cash and short-term investments of ₹1.8B.
Key information
9.5%
Debt to equity ratio
₹589.68m
Debt
| Interest coverage ratio | -183x |
| Cash | ₹1.83b |
| Equity | ₹6.20b |
| Total liabilities | ₹1.33b |
| Total assets | ₹7.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ZAGGLE's short term assets (₹5.6B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: ZAGGLE's short term assets (₹5.6B) exceed its long term liabilities (₹169.4M).
Debt to Equity History and Analysis
Debt Level: ZAGGLE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ZAGGLE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZAGGLE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZAGGLE earns more interest than it pays, so coverage of interest payments is not a concern.