Zen Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Zen Technologies has a total shareholder equity of ₹3.9B and total debt of ₹18.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹6.4B and ₹2.5B respectively. Zen Technologies's EBIT is ₹1.6B making its interest coverage ratio -27.5. It has cash and short-term investments of ₹2.3B.
Key information
0.5%
Debt to equity ratio
₹18.84m
Debt
Interest coverage ratio | -27.5x |
Cash | ₹2.33b |
Equity | ₹3.94b |
Total liabilities | ₹2.50b |
Total assets | ₹6.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533339's short term assets (₹4.8B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: 533339's short term assets (₹4.8B) exceed its long term liabilities (₹39.1M).
Debt to Equity History and Analysis
Debt Level: 533339 has more cash than its total debt.
Reducing Debt: 533339's debt to equity ratio has reduced from 25.9% to 0.5% over the past 5 years.
Debt Coverage: 533339's debt is well covered by operating cash flow (9182.3%).
Interest Coverage: 533339 earns more interest than it pays, so coverage of interest payments is not a concern.