Zalando Balance Sheet Health
Financial Health criteria checks 5/6
Zalando has a total shareholder equity of €2.4B and total debt of €945.1M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are €7.7B and €5.3B respectively. Zalando's EBIT is €250.2M making its interest coverage ratio 8.4. It has cash and short-term investments of €2.3B.
Key information
39.1%
Debt to equity ratio
€945.10m
Debt
Interest coverage ratio | 8.4x |
Cash | €2.30b |
Equity | €2.42b |
Total liabilities | €5.29b |
Total assets | €7.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAL's short term assets (€5.2B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: ZAL's short term assets (€5.2B) exceed its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: ZAL has more cash than its total debt.
Reducing Debt: ZAL's debt to equity ratio has increased from 0.5% to 39.1% over the past 5 years.
Debt Coverage: ZAL's debt is well covered by operating cash flow (107.3%).
Interest Coverage: ZAL's interest payments on its debt are well covered by EBIT (8.4x coverage).