Zeal Global Services Balance Sheet Health
Financial Health criteria checks 5/6
Zeal Global Services has a total shareholder equity of ₹757.5M and total debt of ₹123.4M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are ₹1.3B and ₹557.9M respectively. Zeal Global Services's EBIT is ₹189.5M making its interest coverage ratio -12.9. It has cash and short-term investments of ₹380.1M.
Key information
16.3%
Debt to equity ratio
₹123.43m
Debt
| Interest coverage ratio | -12.9x |
| Cash | ₹380.07m |
| Equity | ₹757.53m |
| Total liabilities | ₹557.87m |
| Total assets | ₹1.32b |
Recent financial health updates
Recent updates
A Piece Of The Puzzle Missing From Zeal Global Services Limited's (NSE:ZEAL) Share Price
Oct 24
Zeal Global Services' (NSE:ZEAL) Shareholders May Want To Dig Deeper Than Statutory Profit
Jun 08These 4 Measures Indicate That Zeal Global Services (NSE:ZEAL) Is Using Debt Reasonably Well
Feb 07Zeal Global Services (NSE:ZEAL) Strong Profits May Be Masking Some Underlying Issues
Nov 18Financial Position Analysis
Short Term Liabilities: ZEAL's short term assets (₹772.0M) exceed its short term liabilities (₹552.2M).
Long Term Liabilities: ZEAL's short term assets (₹772.0M) exceed its long term liabilities (₹5.6M).
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 debt is well covered by operating cash flow (270.8%).
Interest Coverage: ZEAL earns more interest than it pays, so coverage of interest payments is not a concern.