Zoomcar Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Zoomcar Holdings has a total shareholder equity of $-32.8M and total debt of $11.9M, which brings its debt-to-equity ratio to -36.5%. Its total assets and total liabilities are $6.2M and $38.9M respectively.
Key information
-36.5%
Debt to equity ratio
US$11.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$614.21k |
| Equity | -US$32.76m |
| Total liabilities | US$38.95m |
| Total assets | US$6.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZCAR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ZCAR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ZCAR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ZCAR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ZCAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ZCAR's interest payments on its debt are well covered by EBIT.