Zeal Global Services Balance Sheet Health
Financial Health criteria checks 4/6
Zeal Global Services has a total shareholder equity of ₹604.5M and total debt of ₹166.4M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are ₹1.0B and ₹435.6M respectively. Zeal Global Services's EBIT is ₹148.5M making its interest coverage ratio 9.9. It has cash and short-term investments of ₹396.4M.
Key information
27.5%
Debt to equity ratio
₹166.38m
Debt
| Interest coverage ratio | 9.9x |
| Cash | ₹396.38m |
| Equity | ₹604.47m |
| Total liabilities | ₹435.61m |
| Total assets | ₹1.04b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ZEAL's short term assets (₹813.8M) exceed its short term liabilities (₹431.9M).
Long Term Liabilities: ZEAL's short term assets (₹813.8M) exceed its long term liabilities (₹3.7M).
Debt to Equity History and Analysis
Debt Level: ZEAL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ZEAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZEAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZEAL's interest payments on its debt are well covered by EBIT (9.9x coverage).