Zenith Steel Financials
| ZENITHSTL | 8.98 0.06 0.66% |
Operating Margin (0.11) | PE Ratio 18.08 | Profit Margin (0) |
Zenith | Select Account or Indicator |
Understanding current and past Zenith Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zenith Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Zenith Steel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Zenith Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Zenith Steel Pipes. Check Zenith Steel's Beneish M Score to see the likelihood of Zenith Steel's management manipulating its earnings.
Zenith Steel Stock Summary
Zenith Steel competes with EMBASSY OFFICE, Shyam Telecom, Thirumalai Chemicals, Repco Home, and Neogen Chemicals. Zenith Steel is entity of India. It is traded as Stock on NSE exchange.Specialization | Basic Materials, Materials |
| Instrument | India Stock View All |
| Exchange | National Stock Exchange of India |
| ISIN | INE318D01020 |
| Business Address | Dalamal House, Mumbai, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.zenithsteelpipes.com |
| Phone | 91 22 6616 8400 |
You should never invest in Zenith Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zenith Stock, because this is throwing your money away. Analyzing the key information contained in Zenith Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Zenith Steel Key Financial Ratios
There are many critical financial ratios that Zenith Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zenith Steel Pipes reports annually and quarterly.| Revenue | 1.43 B | ||||
| Gross Profit | 413.76 M | ||||
| EBITDA | 50.43 M | ||||
| Net Income | (6.96 M) | ||||
| Total Asset | 1.82 B |
Zenith Steel Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.8B | 1.4B | 1.9B | 1.7B | 1.8B | 3.2B | |
| Other Current Liab | 813.8M | 1.1B | 3.6M | 943.5M | 1.1B | 865.0M | |
| Net Debt | 2.2B | 2.0B | 2.0B | 2.1B | 2.1B | 1.8B | |
| Cash | 25.3M | 28.7M | 14.5M | 52.7M | 4.3M | 4.1M | |
| Net Receivables | 891.3M | 121.3M | 501.1M | 470.9M | 590.8M | 561.3M | |
| Inventory | 53.5M | 108.1M | 279.9M | 209.4M | 198.6M | 188.7M | |
| Other Current Assets | 937.0M | 603.5M | 657.1M | 943.2M | 309.8M | 294.3M | |
| Total Liab | 4.3B | 3.9B | 4.3B | 4.3B | 4.4B | 4.5B | |
| Total Current Assets | 1.1B | 861.6M | 1.4B | 1.2B | 1.1B | 1.0B | |
| Short Term Debt | 1.9B | 2.0B | 1.9B | 2.1B | 1.9B | 2.0B | |
| Accounts Payable | 541.6M | 403.8M | 898.5M | 914.5M | 894.0M | 640.3M | |
| Intangible Assets | 643K | 417K | 1.2M | 1.3M | 119K | 113.1K | |
| Retained Earnings | (5.5B) | (5.7B) | (5.6B) | (5.7B) | (5.5B) | (5.8B) | |
| Other Liab | 115.6M | 110.4M | 106.1M | 112.7M | 101.4M | 89.5M | |
| Net Tangible Assets | (2.5B) | (2.5B) | (2.4B) | (2.6B) | (2.3B) | (2.4B) | |
| Other Assets | 36.3M | 36.2M | 17.5M | 22.8M | 20.5M | 24.4M | |
| Long Term Debt | 142.3M | 68.0M | 108.2M | 72.8M | 223.3M | 234.5M | |
| Net Invested Capital | (263.3M) | (477.8M) | (364.5M) | (366.2M) | (417.1M) | (396.2M) | |
| Short Long Term Debt | 2.1B | 2.0B | 1.9B | 2.1B | 1.9B | 1.7B | |
| Net Working Capital | (3.0B) | (2.9B) | (2.7B) | (2.9B) | (3.0B) | (3.1B) |
Zenith Steel Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 44.3M | 33.9M | 68.1M | 34.8M | 29.1M | 27.7M | |
| Total Revenue | 763.8M | 557.4M | 1.5B | 1.6B | 1.4B | 2.1B | |
| Gross Profit | (41.6M) | (80.4M) | 448.8M | 423.9M | 631.8M | 663.4M | |
| Operating Income | (253.1M) | 8.4M | 124.4M | (143.5M) | (523.7M) | (497.5M) | |
| Ebit | (191.5M) | 63.3M | 211.2M | (76.2M) | 24.6M | 25.8M | |
| Ebitda | (135.1M) | 91.7M | 237.8M | (51.7M) | 50.4M | 52.9M | |
| Cost Of Revenue | 805.4M | 637.8M | 1.1B | 1.2B | 800.3M | 760.3M | |
| Income Before Tax | (283.4M) | 28.6M | 141.3M | (113.4M) | (4.6M) | (4.9M) | |
| Net Income | (283.4M) | (135.8M) | (116.3M) | (143.8M) | (7.0M) | (7.3M) | |
| Income Tax Expense | 256.5M | 239.6M | 16.5M | 97.7M | 2.3M | 2.2M | |
| Net Interest Income | (45.9M) | (34.3M) | (69.9M) | (34.8M) | (29.2M) | (30.7M) |
Zenith Steel Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (43.9M) | (54.5M) | (171.9M) | 7.0B | 10.8M | 10.3M | |
| Change In Cash | (19.9M) | 3.4M | (14.2M) | 3.2M | (48.4M) | (46.0M) | |
| Free Cash Flow | 247.1M | 158.3M | (16.8M) | 16.2B | 33.6M | 31.9M | |
| Depreciation | 89.0M | 51.9M | 26.7M | 24.5M | 25.8M | 42.3M | |
| Other Non Cash Items | 229.0M | 167.8M | 54.5M | (109.2M) | 5.4M | 5.1M | |
| Capital Expenditures | 2.2M | 6.1M | 5.1M | 37.1M | 13.9M | 13.2M | |
| Net Income | (283.4M) | (135.8M) | 54.2M | (143.8M) | (7.0M) | (7.3M) | |
| End Period Cash Flow | 25.3M | 28.7M | 14.5M | 52.7M | 4.3M | 4.1M | |
| Investments | 142.9M | (2.7M) | 104.4M | (37.0M) | (24.2M) | (23.0M) | |
| Net Borrowings | (135.7M) | (363.2M) | (119.8M) | (4.7M) | (5.4M) | (5.7M) | |
| Change To Netincome | 234.7M | 191.4M | (7.6M) | 47.8M | 43.1M | 40.9M |
Zenith Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zenith Steel's current stock value. Our valuation model uses many indicators to compare Zenith Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zenith Steel competition to find correlations between indicators driving Zenith Steel's intrinsic value. More Info.Zenith Steel Pipes is rated below average in return on asset category among its peers. It is rated fifth in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zenith Steel's earnings, one of the primary drivers of an investment's value.Zenith Steel Pipes Systematic Risk
Zenith Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zenith Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Zenith Steel Pipes correlated with the market. If Beta is less than 0 Zenith Steel generally moves in the opposite direction as compared to the market. If Zenith Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zenith Steel Pipes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zenith Steel is generally in the same direction as the market. If Beta > 1 Zenith Steel moves generally in the same direction as, but more than the movement of the benchmark.
Zenith Steel Pipes Total Assets Over Time
Zenith Steel Thematic Clasifications
Zenith Steel Pipes is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Zenith Steel December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zenith Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zenith Steel Pipes. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zenith Steel Pipes based on widely used predictive technical indicators. In general, we focus on analyzing Zenith Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zenith Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.03 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 4.94 |
Additional Tools for Zenith Stock Analysis
When running Zenith Steel's price analysis, check to measure Zenith Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zenith Steel is operating at the current time. Most of Zenith Steel's value examination focuses on studying past and present price action to predict the probability of Zenith Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenith Steel's price. Additionally, you may evaluate how the addition of Zenith Steel to your portfolios can decrease your overall portfolio volatility.