Zen Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Zen Technologies has a total shareholder equity of ₹15.8B and total debt of ₹588.1M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹18.9B and ₹3.1B respectively. Zen Technologies's EBIT is ₹2.7B making its interest coverage ratio -34.8. It has cash and short-term investments of ₹11.1B.
Key information
3.7%
Debt to equity ratio
₹588.10m
Debt
| Interest coverage ratio | -34.8x |
| Cash | ₹11.06b |
| Equity | ₹15.82b |
| Total liabilities | ₹3.05b |
| Total assets | ₹18.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533339's short term assets (₹17.6B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: 533339's short term assets (₹17.6B) exceed its long term liabilities (₹537.7M).
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 11.9% to 3.7% over the past 5 years.
Debt Coverage: 533339's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533339 earns more interest than it pays, so coverage of interest payments is not a concern.